For financially sound machinery / equipment manufacturer, who wish to promote sales, IDBI Bank provides deferred credit facility for sale / purchase of indigenous machinery / equipment under its easy to operate direct discounting scheme. Assistance would be 100% of the total value (including insurance, taxes & freight). Interest rate / discount rate would be as prevalent at the time of discounting of bills, depending on monthly / quarterly / half-yearly/ yearly payments and according to temporal profile of bills.