Non Fund Based Products Facilities

Non Fund Based Products Facilities:We also offer non fund based facilities
to our clients, such as:
Letter of Credit: We offer import
as well as domestic Letter of Credit facility
to our clients for procurement of goods
on DA/DP basis as per their needs at very
competitive rates. Considering our international
network of branches/offices coupled with
worldwide correspondent relationship arrangements,
our clients enjoy market acceptability
and comfort in business deals.
Bank Guarantee: We offer Bank
Guarantee facility to our clients guaranteeing
their performance / financial obligations
in the domestic as well as international
market.
LC Advising/Confirming Services:
In case of Letters of Credit received
by our clients, we offer LC advising as
well as LC confirmation services under
our correspondent relationships with domestic
as well as international banks.
Co-acceptance facilities: Sometimes
in business deals on credit basis, buyers
are required to offer adequate comforts
to the sellers such as bank guarantee
or co-acceptance of bills by the bankers.
We offer co-acceptance of bills facility
to our top rated clients.