A Standby Letter of Credit (SBLC) is a Bank's commitment of payment to a third party if the Bank's client defaults on an agreement. SBLC backed buyer’s credit refers to loans for payment of imports arranged on behalf of the importer, through an overseas bank or any overseas branch of an Indian Bank.


Axis Bank, through its vast global correspondent banking network, arranges post shipment credit for Trade and/or Capex-related import requirements. Importers can address funding gaps in cash flow and avail extended credit period subject to the working capital cycle. Additionally, Corporates get the advantage of lower cost of buyer’s credit compared to the rupee cost of financing.


To avail the facility, please visit our nearest Branch/RM