In order to provide liquidity and facilitate smooth running of business, Bank of Maharashtra provides Bill finance facility to its corporate clients. Our bill finance facility plugs in the mismatches in the cash flow and relieves the corporates from worries on commitments. Besides the fund based bill finance, we also provide agency services for collection of documentary bills/cheques.
In our fund based bill finance facilities, we offer as follows
- Purchase of bills drawn under L/C.
- Discounting of usance bills drawn under L/C.
- Negotiation of bills under L/C.
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