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Gold card scheme for Exporters:


The salient features of this scheme are: (i) all creditworthy exporters inclusing those in small and medium sectors with good rack record would be eligible for issue of Gold Card by individual banks as per the criteria to be laid down by the latter. (ii) banks would clearly specify the benefits they would be offering to Gold Cardholders. (iii) request from cardholders would be processed quickly by banks within 25 days/15 days and 7 days for fresh applications/renewal of of limits and ad hoc limits respectively (iv) In principle limits would be set for a period of 3 years with a provision for stand-by limit of 20 percent to meet urgent credit needs. (v) card holders would be given preference in the matter of granting of packing credit in foreign currency. (vi) banks would consider waiver of collaterals and exemption from ECGC gurantee schemes on the basis of card holder's credit worthiness and track record. and (vii) the concessive rate of interest on post-shipment rupee export creadit applicable upto 90 days may be extended for a maximum period of upto 365 days.



About Us:
At Sahyog Group, We pride ourselves in being a one stop shop service provider for a complete range of services.

These include the following:
  • Setting up of a most suitable type of business organization
  • Securing registration with the Regional Licensing Authority (IEC No.), Export Promotion Councils, Sales  Tax Authorities etc.
  • Understanding of new Foreign Trade Policy & procedures
  • Obtaining credit limit for the buyer/buyer's country from ECGC.
  • Preparing / Obtaining Export documents
  • Shipping & customs clearance of the goods and Indian customs EDI system.
  • Obtaining export incentives under the Duty Drawback Scheme, marketing development Assistance , Focus  
  • marketing scheme, Focus products scheme, license etc.


For more details, please contact Sahyog Group at:
Mobile: +91-9811157957
Phone: +91-11-22015854 / 55 / 56


Skype: sahyoggroup
E-mail: raj@sahyogfreight.com

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Advance against undrawn balance:

In certain lines of export it is the trade practice that bills are not to be drawn for the full invoice value of the goods but to leave small part undrawn for payment after adjustment due to difference in rates, weight, quality etc. to be ascertained after approval & inspection of the goods.

Banks do finance against the undrawn balance if undrawn balance is in conformity with the normal level of balance left undrawn in the particular line of export subject to a maximum of 10% of the value of the export and an undertaking is obtained from the exporter that he will, within 6 months from due date of payment or the date of shipment of the goods, whichever is earlier surrender balance proceeds of the shipment.

Against the specific prior approval from Reserve Bank of India the percentage of undrawn balance can be enhanced by the exporter and the finance can be made available accordingly at a higher rate. Since the actual amount to be realized out of the undrawn balance, may be less than the undrwan balance, it is necessary to keep a margin on such finance.



About Us:
At Sahyog Group, We pride ourselves in being a one stop shop service provider for a complete range of services.

These include the following:
  • Setting up of a most suitable type of business organization
  • Securing registration with the Regional Licensing Authority (IEC No.), Export Promotion Councils, Sales  Tax Authorities etc.
  • Understanding of new Foreign Trade Policy & procedures
  • Obtaining credit limit for the buyer/buyer's country from ECGC.
  • Preparing / Obtaining Export documents
  • Shipping & customs clearance of the goods and Indian customs EDI system.
  • Obtaining export incentives under the Duty Drawback Scheme, marketing development Assistance , Focus  
  • marketing scheme, Focus products scheme, license etc.

For more details, please contact Sahyog Group at:
Mobile: +91-9811157957
Phone: +91-11-22015854 / 55 / 56

Skype: sahyoggroup
E-mail: raj@sahyogfreight.com

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Advance against goods sent on consignment basis:
When the goods are exported on consignment basis at the risk of the exporter for sale and eventual remittance of sale proceeds to him by the agent/consignee, bank may finance against such transaction subject to the customer enjoying specific limit to that effect.However, the bank should ensure while forwarding shipping documents to its overseas branch / correspondent to instruct the latter to deliver the documents only against trust receipt/undertaking to deliver the documents only against which should be within prescribed date even if according to the practice n certain trades a bill for part of the estimated value is drawn in advance against the exports.


About Us:
At Sahyog Group, We pride ourselves in being a one stop shop service provider for a complete range of services.

These include the following:
  • Setting up of a most suitable type of business organization
  • Securing registration with the Regional Licensing Authority (IEC No.), Export Promotion Councils, Sales  Tax Authorities etc.
  • Understanding of new Foreign Trade Policy & procedures
  • Obtaining credit limit for the buyer/buyer's country from ECGC.
  • Preparing / Obtaining Export documents
  • Shipping & customs clearance of the goods and Indian customs EDI system.
  • Obtaining export incentives under the Duty Drawback Scheme, marketing development Assistance , Focus  
  • marketing scheme, Focus products scheme, license etc.


For more details, please contact Sahyog Group at:
Mobile: +91-9811157957
Phone: +91-11-22015854 / 55 / 56


Skype: sahyoggroup
E-mail: raj@sahyogfreight.com

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Advance against export bills sent on collection:


It may sometimes be possible to avail advance against export bill sent on collection. In such cases the export bills are sent by the bank on collection basis as against their purchase /discounting by the bank. Advance against such bills is granted by the way of a "seperate loan" usually termed as "post-shipment" loan.The facility as another form of post-shipment advance and is sanctioned by the bank on the same terms & conditions as applicable to the facility of Negotiation/Purchase/Discount of export bills.


A margin of 10% to 25% is however stipulated in such cases. The rates of interest etc. chargeable on this facility is not very popular and most of the advances against export bills are made by the bank by the way of negotiation/purchase discount.


About Us:
At Sahyog Group, We pride ourselves in being a one stop shop service provider for a complete range of services.

These include the following:
  • Setting up of a most suitable type of business organization
  • Securing registration with the Regional Licensing Authority (IEC No.), Export Promotion Councils, Sales  Tax Authorities etc.
  • Understanding of new Foreign Trade Policy & procedures
  • Obtaining credit limit for the buyer/buyer's country from ECGC.
  • Preparing / Obtaining Export documents
  • Shipping & customs clearance of the goods and Indian customs EDI system.
  • Obtaining export incentives under the Duty Drawback Scheme, marketing development Assistance , Focus  
  • marketing scheme, Focus products scheme, license etc.

For more details, please contact Sahyog Group at:
Mobile: +91-9811157957
Phone: +91-11-22015854 / 55 / 56


Skype: sahyoggroup
E-mail: raj@sahyogfreight.com