Hi,

Monetization of SBLC is a near impossible task in india. But there are ways to monetize it, of which one procedure is through NBFC's which release working capital(to Pvt Ltd infra companies) against an SBLC.

NBFC will consider 3 year balance sheets, turnover, projects completed, projects in hand of the company before releasing the working capital against the instrument.

We have a good infra Pvt ltd company with over 85crs turnover and have govt. Projects in hand. Our company has limits with the NBFC and can monetize upto 5million.

We are looking for genuine instrument providers(individual or companies). Soleil chartered bank, newyork,(swift code: SCGRUS33) is preferred as charges are around 0.35%. Soleil bank is approved by our NBFC. The charges for the SBLC is to be beared by the instrument provider. For which we offer 10% of the LDV(should be around 2-2.5crores for 5million SBLC), after monetization.

Contact only if you can comply. Watsapp 8804423456