This product is for importers in India. Against the imports, the importer has to make payment in USD or any other acceptable international currency. Due to this aspect, he has a unique advantage, which a domestic player doesn’t have. This advantage is that of borrowing the dollar funds at dollar interest cost.

Important benefits of Buyer Credit are:

1. Funding in foreign currency at foreign currency interest rates.
2. Part of Supplier Funding, so relatively very low own funds are blocked.

For all kind of capital expenditure – like setting up factory, purchasing commercial gala, constructing residential or commercial buildings, Project Loans are available./p>

Key Advantages of Project Loans:

• Project Loan can be granted to the new projects, which doesn’t have any track of performance or income.
• Moratorium Period is available, when the only interest can be served.
• In certain instances, the collaterals required are relatively low.

Additional Information:

• Item Code: PF