We offer competitive rates for discounting of Bills under Letters of Credit for a Tenor up to 180 days. Bills of even longer period tenors could be considered subject to RBI approval.

Benefits of discounting the Bills with us:

• State Bank of India's expansive reach, stretching across continents and time zones translates into faster communication, quicker realization of proceeds etc.

• Effective and personalized service.

• Discounting Facility at competitive LIBOR linked Interest rates.

Subject to:

• The availability of the LC, acceptability of the LC, exposure angle clearance etc.