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Bill Discounting
Bill Discounting
Who can Borrow                Proprietorship, partnership, Pvt Ltd & Public Ltd Companies
Type of Loan Bills Discounting  
Purpose Working Capital
Limit   Need based  - within bank’s exposure limit
Security Accepted Bills backed by PDC on case by case basis
Margin 0-25%
Repayment  Self liquidating
Rate of Interest Market Driven
  *Conditions Apply

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