Overview

Avail of our pre-shipment finance in the form of Export Packing Credit (EPC) to finance the purchase or import of raw materials, processing and packing of goods meant for exports.

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Features &
Benefits

Features & Benefits

  • imgAvailable in both INR as well major foreign currencies.
  • imgPacking Credit available in running as well as order based
  • imgInterest equalisation scheme for Export credit in INR for eligible sectors
  • imgQuick & Convenient Online application

How it works?

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Pre-shipment credit is short-term working capital finance extended to bonafide exporters for purchase of raw materials, manufacturing and packing of goods, i.e. up to shipment of goods against a firm export order.
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This finance facility is available in INR & FCY for a maximum of 360 days depending upon the manufacturing cycle.
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The credit maybe offered as a running account facility, and the credit is available up to the stage of shipment of goods/ services.
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Once the goods/services are shipped, the exporter forwards the documents to Axis Bank who in turn converts
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The Buyer arranges payment of the amount due to Axis Bank on due date and the loan is liquidated.
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Fee &
Charges

Fee & Charges

SOC –Trade

Disclaimer:

Product offering is subject to certain eligibility criteria as per Bank's internal policy and is subject to Bank's discretion