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Packing Credit
We provide pre - shipment finance in the form of Export Packing Credit (PC) to assist cash flows for manufacturing or packing goods for export from Bangladesh.
Features and Benefits
Easy Documentation.
Fast Processing.
It is a revolving limit for one year but renewable.
Allow the Exporter to purchase of raw materials, cost of processing the same to finished goods, packing and dispatching of goods.
PC disbursement made case to case basis with an expiry date up to 90 - 180 days.
Global Loan Limit exposure for the client.
Case to case PC limit determines against each export LC on the basis of export LC / Accepted BTB bills.
Increase the present cash flow of the exporter to improve the financial condition and strengthen the financial ability.
Online Banking facilities for repayment
Requirements
Application received from the customer for disbursement of PC.
Viability report along with business proposal.
Photograph of signatory to be attested by Chairman of the company.
Copy of valid trade license
Official seal with designation
Tax Certificate
KYC Form
Transaction Profile
Fees and charges
Application Form for request for loan facility Taka 250/-.
2% on approved loan amount.
We are realizing only interest (i.e. 7% p.a. at quarterly rest or as fixed by Head Office from time to time) from PC account.
Half yearly Service Charge:
- Taka 1,000/- on each account for urban clients
- Taka 500/- on each account for rural clients
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