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Packing Credit

A pre-shipment finance facility designed to meet working capital requirements for procurement, processing, manufacturing and packing of goods against confirmed export orders or export L/Cs.

As per approved terms and the Bank's prevailing interest/profit rate and charges.

Eligible exporters with acceptable export orders/L/Cs and satisfactory credit standing.

Export L/C/contract, export order, stock/production details, packing and procurement documents, financial statements and other supporting documents as required.

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