LOAN AGAINST BANK GURANTEE
Loan Against Bank Guarantee
Bank guarantee is a non-fund based instrument which is not convertible into the fund based which can be helpful for companies to purchase raw material when the actual working capital limit is fully exhausted.
BCSPL helps companies to avail funds and even raw material against unutilized Bank Guarantee limits.
Features & Benefits:
- Lowest Rate of Interest.
- No upfront service charges.
- No maximum limit restriction.
- Interest calculation on per day utilization basis.