Bill Finance

Bank of India offers finance against commercial bills in addition to collection services at competitive rates. Finance is available to all our existing customers as well as new customers. The finance is available against both demand and usance bills as well as secured and clean bills. Our bill finance facility plugs in the mismatches in the cash flow and relieves the corporates from worries on commitments. With all important branches networked, the realization of your bills will be faster. If the bills are drawn under letters of Credit opened by Prime Banks, the interest rate would be much less. Avail facility and improve liquidity.