Post Shipment Limit

Post Shipment Limit(PSL)

Post Shipment Limit(PSL) is provided to exporters for purchase/discounting/negotiating of foreign sight /Usance bills.

Features

  • Provided to an exporter for purchase/discounting/negotiating of foreign sight /Usance bills.
  • Post Shipment Credit is to be liquidated from the proceeds of export bills in respect of goods exported/services rendered.
  • Eligible limit is Minimum Rs.25 Crores.
  • No margin generally for bills under LC's
  • Period of the facility is upto 12 months

Eligibility

  • Applicant shall be an Exporter
  • All Corporates having turnover of Rs.500 Crores and above.
Term Loans Working Capital Demand Loan Working Capital Term Loan Merchant Banking Services Bank Guarantee for Corporates IFSC Banking Unit (IBU)

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