Home Personal Banking Corporate Banking MSME Banking Agri Banking Nri Banking Customer Care
A-   A   A+  
    Home     About Us     Investor     IDBI Group     CSR     Careers     Contact Us    Search
Hindi
  Net Banking Login
Domestic Interest Rates
NRI Interest Rate
Service Charges
Corporate Service Charges
Home > Corporate > Non-Fund Based assistance > Buyer’s Credit

Buyer’s Credit - IDBI Bank Buyers Credit Services



Buyer's Credit availed by the importers should be need based and tenure of the Buyers’ Credit should be within their normal operating cycle. Rollovers of the Buyer's Credit should be permitted only after seeking justification from the borrower or independently assessing the requirement for the same. The transaction should be for imports into India. Short Term Trade Credit is not permitted (a) for any Merchanting trade /Intermediary trade transactions, (b) for financing advance payment for imports and (c) financing purchase by entities in Domestic Tariff Area (DTA) from units in Special Economic Zone (SEZ)/ 100% Export Oriented Units (EOU). Import should be permissible under the current Foreign Trade Policy.
Home | Top
Service Charges : Domestic Interest Rates : NRI Interest Rate
Disclaimer : webmaster : Site Map : RBI : RTGS : FAQ Up Arrow Policies - Privacy : Hyperlink : Copyright : Screen Reader Access