Pre Shipment Finance(PSF)
A sure and secure way to meet the commitments under export orders by providing much needed working capital finance raw materials and other direct costs.
PSF is offered through a range of products i.e. Packing Credit Overdrafts & Loans, Pledge Loans, Trust Receipt Loans, in Rupees or in major foreign currencies against export letters of credit and confirmed orders.
Duration of the facility is strictly governed by the terms of the export order and the facilities could be arranged either as revolving or “one off” basis to be paid from export proceeds within a maximum period of 4 months.
For post shipment facilities please refer facilities under “Trade Finance”.