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Direct Discounting of Bills
 
   For financially sound machinery / equipment manufacturer, who wish to promote sales, IDBI 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.
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