Bank Overdraft - Financeseva

Financeseva offers you with bank overdraft which is the overdraft facility provided by the banks under which customers can withdraw money more than their account balance. It is provided to current account holders and looks after your finances when you are in need.

Financeseva is the best Loan Provider, CA and Banker Venture. We provide you with various types of loans and help you with managing your finances when you are in need. It provides you with the financial services that you have been looking at a suitable rate of interest over the time period.

It provides you with many loans like Foreign Currency Term Loan that can be paid in stipulated installments or bullet payment as per the terms and conditions. This loan helps you to manage the finances for importing Raw Materials, Capital Goods, Pre and Post Shipment advances to the exporters and purchasing Indigenous Machinery. Foreign Currency Term Loans (FCTL) can be disbursed in four currencies viz. US$, Sterling, Euro and Japanese Yen with a maturity period of 6 months to 7 years.

Financeseva offers you letter of credit purchase bill discounting which in short can be referred to LC Purchase Bill Discounting. In the Letter of Credit discounting process, we purchase the documents or bills of the exporter and in return make him the payment for a security or a fee. So initially discounting of bill is done which is backed by LC.