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Home > Trade Finance > Products > Invoice Discounting  
 
 
     
  Bills Discounting
  • We offer discounting of bills upto original tenor of 180 days
  • Bill discounting facility offered as Sale bill discounting or Drawee bill discounting
  • Bills under LCs issued by domestic banks/branches (LCBD) under simplified procedure
 
     
  Invoice Discounting
  • Especially useful for OEM / vendors to large corporates
  • No bill of exchange / No acceptance
  • As an overdraft facility or bill discounting facility
  • FIFO method for interest calculation
  • Capability to handle large number of invoices through special software
 
     
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