Avosys Finance

Pitampura, Delhi

Over Draft is a limit facility mainly given by all leading banks? In which a bank open a ODCC account against security offered by customer and give this facility for operating the day by day business. The maximum overdraft limit is sanctioned by the bank depends upon the actual working capital gap and security pledged by the customer. Interest is charged on the basis of daily usages of the money from ODCC account. The concerned bank can monitor the usages and limit of the facility. Overdraft. The word overdraft means the act of overdrawing from a Bank account. In other words, the account holder withdraws more money from a Bank Account than has been deposited in it. OD or Overdraft Limit is the excess withdrawal over the Current Account Amount. Every Current AC Holder enjoys this facility, wherin they can borrow in excess of their funds in the account this limit is enhanced or reduced based on the Customer's Credit worthiness. Limits. LoanOverdraft against Property is a flexible product offering that allows you a combination of a Term Loan and Overdraft facility against residential or commercial property. It also allows you to fulfill your short term and long term business requirements, be it working capital requirement or business expansion by unlocking the potential of your property. This product is useful for professionals, Sole Proprietors, Proprietorship Firms, Partnership Firms or a Private Limited Company with an annual turnover in the range of INR 90 lakh to INR 45 crore

Packing credit to exporters Types of Export Credit: (1) Pre-shipment Export Credit Packing Credit (RPCPCFC), (2) Post-shipment Export Credit – both in Foreign Currency (FCY) and Rupees. Pre-shipment Packing Credit also known as 'Packing credit' is a loan advance granted to an exporter for financing the purchase, processing, manufacturing or packing of goods prior to shipment. Packing credit can also be extended as working capital assistance to meet expenses such as wages, utility payments, travel expenses etc; to companies engaged in export or services. Packing credit is sanctionedgranted on the basis of letter of credit or a confirmed and irrevocable order for the export of goods services from India or any other evidence of an order for export from India. 'Post-shipment Credit' means any loan or advance granted or any other credit provided by a bank to an exporter of goods services from India from the date of extending credit after shipment of goods rendering of services to the date of realisation of export proceeds as per the period of realization prescribed by Reserve Bank of India (RBI) and includes any loan or advance granted to an exporter, in consideration of, or on the security of any duty drawback allowed by the Government from time to time. As per extant guidelines of RBI, the period prescribed for realisation of export proceeds is 12 months from the date of shipmen Over Darft Limit For Exporters These are new generation overdraft facilities which have both the features of Term Loans & Overdraft Facility, these limits can be for a period of 10 years where the drawing power of the borrower is reduced on month on month basis. These limits do not have a yearly renewal charge but it has a one time processing fees.

We represent a company called Avosys India Pvt Ltd located in Delhi India. We provide a variety of Project Finance Services for the Indian market. Project Financing Services requires the valuation of a project in terms of the capital needed, risks associated with the project and other issues that need to be sorted out. We have a specialized group of people who have the complete knowledge of this industry and work towards providing optimum funding for any organization. We are proficient at handling all types of projects and offer proper financing for capital intensive projects with ease. We provide premium Project Finance Services to small and big companies for various projects. Our Project Finance Service entails all the matters related to projects like Food Processing Project Rice Mil / Dal Mills Flour Mills Project, Spice Grinding & Packaging Project and so on. We customize the service as per the requirements of the clients after a detailed assessment of their position in the market.