- Post Sale limits are extended by way of discounting/ purchasing of bills/cheques, advances against book debts etc.
- Bill Purchase - These may be in the nature of on demand Clean or Documentary bills being the bills payable on demand drawn on outstation centres for which immediate credit is afforded to your business account less our discount and handling charges.
- Usance Bill Purchased - Usance Clean or Documentary bills are bills payable on due date after expiry of the usance period drawn on drawees/payees against which immediate credit is given to your business account less interest for the usance period, handling charges, postage etc.
- Cheques Discounted - Outstanding cheques/drafts drawn on our bank or other banks are purchased and immediate credit is afforded to your business account less our discount/commission.
You may contact our nearest branch for more details.