Export Finance
Financing provided by bank basis underlying confirmed export
orders or Export LC for customers.
Experience the all-new Kotak Netbanking
Simpler, smarter & more intuitive than ever before
Quick Help
Frequently Asked Questions
For Kotak Bank Customers
For Kotak811 Customers
Experience the all-new Kotak Netbanking Lite
Simpler, smarter & more intuitive than ever before. Now accessible on your mobile phone!
Financing provided by bank basis underlying confirmed export
orders or Export LC for customers.
The purchase of bills or documents under LC by a financial institution from sellers & providing instant funds via loan after discounting the bill amount is called LC bill discounting. When documents from the seller are negotiated at the counters of a bank & a facility is drawn out of it, after shipment, it is termed as Bill Negotiation.
Features
World-class service standards of Kotak Mahindra Bank negotiates the export bills drawn under LC at very competitive rates both in INR & foreign currency provided the documents are credit compliant. Negotiation under LC is much simpler than availing regular working capital limits from a bank. Similarly, against approved credit limits, Kotak Mahindra Bank can pay the exporter the discounted value of the invoice, immediately up on shipment in INR & foreign currency at competitive rates both with world-class service standards.
Eligibility
Customers of Kotak Mahindra Bank with credit facility and current account enabled for Trade Finance.
Fees & Charges
For detailed fees and charges please contact with your relationship manager or visit our nearest branch