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Bill Finance

In order to ease the pressures on cash flow and facilitate smooth running of business, Bank of Baroda provides Bill finance facility to its corporate / non 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 post-sale credit against bills as follows,

  • Purchase of bills drawn under L/C or confirmed order.
  • Discounting of usance bills drawn under L/C or confirmed order.
  • Negotiation of documents under L/C.
  • Purchase of cheques.

To know the current interest rates Click here.

For further details, please contact the Bank of Baroda Branch nearest to you.



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