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Import Finance

Manage Your Payment Cycle for Imports Effectively

Buyers’ Credit is a loan taken by an importer (Buyer) from overseas lenders such as banks and other financial institutions to finance the purchase of capital goods or services.

ICICI Bank’s Buyer Credit

Extends your import repayment period
Makes sure your suppliers are paid on time
Helps manage your cash flow as per your business needs

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If you are interested to apply for ICICI Bank Business Banking services, please fill the form given below and we will call you within 24 hours.

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Step 1 - The seller and buyer enter into a contract and agree upon the payments to be made on the basis of a Buyer's credit
Step 2 - ICICI Bank gets a request from buyer in terms of financing of import payments
Step 3 - ICICI Bank arranges a line of credit with overseas banks on the request of buyer
Step 4 - The overseas bank pays ICICI Bank directly, and we then pay seller on the import due date
Step 5 - Buyer then pay the overseas bank on the due date

What more, you can avail a combination of three services Buyers Credit, Import Bill of Collection and Forwards with one-time documentation by using our three-in-one product 'Import Plus'