LC Discounting Services

Rahul Enterprise, based in Pune, Maharashtra (India) offers Domestic LC Discounting Service to the clients. LC or Domestic LC Discounting Service is a short-term credit service provided by the banks to the clients directly. In the procedure, the banks or NBFCs buys all the bills or documents made by the client and which are supported by LCs and disburse the money to the client against discounting interest for the askance period according to the conditions of LC. Our services are especially supportive for businesses to get working capital funds in speedy time. Contact us now for more information.

Discounting of Letter of Credit is a short-term credit facility provided by the bank to the beneficiary. Bank purchases the documents or bills of the Seller (beneficiary) after he fulfills certain compliances and provides the required documents to be dispatched to LC opening bank. On meeting these compliances as per the LC terms, the bank makes him/ her the payment for a security or a fee.

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