While discounting a bill, we buy the bill (i.e. Bill of Exchange or Promissory Note) before it is due and credits the value of the bill after a discount charge The transaction is practically an advance against the security of the bill and the discount represents the interest on the advance from the date of purchase of the bill until it is due for payment.
Bell EMI Finance, a special product designed to meet EMI commitments. Term loan EMI or business loan EMI - up to 100% EMI liability, loan is provided to enhance further borrowing capabilities and leverage needs of funds.
Bell Special Asset finance is the only product which provides an opportunity to avail term loan against special assets whereas worldwide special assets funding is unpreferred business. Of course, stringent tecno-commercial evaluation is conducted to meet the special needs.
Mumbai, Maharashtra, India
