Import Credit Services
our attractive export credit facilities
TMB offers a comprehensive range of of Import Products and services to cater to the import trade requirements of its customers.
TMB provides various types of fund based and Non Fund Based facilities to the importers for facilitating the imports into the Country. All the facilities are subject to prevalent rules of the Bank and the guidelines of Reserve Bank of India.
We offer the following Fund Based services:
- Foreign Currency Loans
- We help you to import goods by providing with appropriate Foreign Currency Loans.
- Facilitation for Trade Credits
- We facilitate Buyer's Credit for customers by issuing LOC / LOU on behalf of customers.
We offer the following Non-Fund Based services:
- Import Letter of Credit
- Import letters of credit and SBLC facilities are provided to the customers for meeting their working capital requirements as well as for capital equipment purchases.
- Import Collection Bill Services
- TMB has the expertise and can efficiently handle Import Collection Documents.
- Import Bills are collected through the 37 Authorised Branches at very competitive rates. The Bank has correspondent relationship with reputed Banks worldwide and can provide all the services to importers.
- Guarantees
- Financial Guarantees, Performance Guarantees, Bid-Bond Guarantees etc. are issued on behalf of customers in favour of Corporations and Government authorities, foreign lenders and export credit agencies.
