Freight Forwarding Services, Freight Forwarding Agents Sea Ocean Freight Forwarding Agency Delhi India

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