Offers for Exporters

Various Supports that JBL Offers for Exporters are as follows:

  • Back-to-Back Letter of Credit facility is allowed against confirmed Master (Export Order) LC/Contract of well-reputed buyers for procuring various raw materials from both local and international markets.
  • Packing Credit popularly known as PC is allowed at 7% interest rate for financing cutting and manufacturing expenses. PC is allowed at 10% to 20% of export bill considering other financial obligations of the customer(s). However, it is allowed at the pre-shipment stage but when raw materials against respective export order is available at warehouse.
  • Overdraft popularly known as OD is allowed to Exporters for meeting any emergency working capital requirement.
  • Foreign Documentary Bill Purchase (FDBP) is allowed at the request of the exporter against complied export documents.
  • Local Documentary Bill Purchase (LDBP) is allowed as finance against Accepted deferred Export Bills of deemed Exporters. this is the most preferred mode of finance for JBL and JBL offers concessional rate of interest on this finance.