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Pre-Shipment Finance

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.

Features & Benefits

Currency options

Available in both Indian currency (INR) as well as major foreign currencies.

Packing Credit

Packing Credit is available in running as well as order-based.

Interest equalisation

Interest equalisation scheme for export credit in indian currency (INR) for eligible sectors.

Online application

Quick & convenient online application.

How it works?

The following 5 steps explain how it works:

01
Pre-shipment credit is short-term working capital finance extended to bonafide exporters for the purchase of raw materials, manufacturing and packing of goods, i.e. up to shipment of goods against a firm export order.
02
This finance facility is available in Indian currency (INR) and FCY for a maximum of 360 days, depending on the manufacturing cycle.
03
Credit may be offered as a Running Account facility, and it is available up to the stage of shipment of goods/ services.
04
Once the goods/services are shipped, the exporter forwards the documents to Axis Bank, which, in turn, converts it.
05
The buyer arranges payment of the amount due to Axis Bank on the due date, and the loan is liquidated.

Fees & Charges

SOC - Trade

Disclaimer

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

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