Redicle Packing Credit


Packing Credit is any loan or advance granted or any other credit provided by a bank to an exporter for financing the purchase, processing, manufacturing or packing of goods prior to shipment, on the basis of letter of credit opened in his favor or in favor of some other person, by an overseas buyer or a confirmed and irrevocable order for the export of goods from the producing country or any other evidence of an order for export from that country having been placed on the exporter or some other person, unless lodgement of export orders or letter of credit with the bank has been waived.

Packing Credit is extended in the following forms:

  • Packing Credit in Indian Rupee
  • Packing Credit in Foreign Currency (PCFC)

Contact Us


Redicle Consultants Pvt. Ltd.

12A, Lords Sinha Road, Shyam Kunj,
“Annapurna Building” 4th Floor, Suit 401A, Oppo. Emami Market,
Kolkata - 700071, West Bengal.
Phone: +089224 876678
Email: info@redicleconsultants.com

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