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Letter of Credit –Exports

Advising letter of credit

₹600 per LC from our customer and ₹750 from others

Advising amendments

₹500 per LC

Confirmation/Commitment Charges/Usance Commission for confirmation of LC

Upto Rs.5 Cr.

Sight LC’s and LC’s upto 30 days : 0.35%

LC’s beyond 30 days Usance (per month or part thereof) : 0.25%

Above Rs.5 Cr. Upto Rs.25 Cr.

Sight LC’s and LC’s upto 30 days : 0.25%

LC’s beyond 30 days Usance (per month or part thereof) : 0.20%

Above Rs.25 Cr.

Sight LC’s and LC’s upto 30 days : 0.15%

LC’s beyond 30 days Usance (per month or part thereof) : 0.15%

 

Transfer of LC (For each advice)

₹1000

Acceptance of Usance Drafts on us, to pay on due date, Under LC established by Foreign Bank

  • 0.15% per month
  • Min ₹1500
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“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”

Accept

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