Category Archives: Letter of Comfort (LOC) / Letter of Undertaking (LOU)

Bankwise Letter of Comfort / Undertaking Charges

To Avail Buyer’s / Supplier’s Credit: E: sanjaymandavia@gmail.com, M: +919825560186 Below given are Letter of Undertaking (LOU) / Letter of Comfort (LOC) charges:       These charges detail information is as provided by respective bank’s website. These rates may vary … Continue reading

Posted in Buyers Credit, Letter of Comfort (LOC) / Letter of Undertaking (LOU) | Tagged , , , , , , | Leave a comment

Sample format of Letter of Undertaking / Comfort (LOU / LOC)

To Avail Buyer’s Credit….. Email: sanjaymandavia@gmail.com, M: +919825560186 As mentioned in article “Procedure for Buyers Credit“,  Post receipt of offer letter from Indian Bank overseas branch or Foreign Bank, Indian Bank has to send Letter of Comfort / Undertaking (a type … Continue reading

Posted in Buyers Credit, Letter of Comfort (LOC) / Letter of Undertaking (LOU) | Tagged , , , , , | Leave a comment

Letter of Comfort / Undertaking (LOC/LOU) Charges

To Avail Buyers Credit….. Email: sanjaymandavia@gmail.com, M: +919825560186 Letter of Comfort Charges Normally one would tend to look at Interest Cost provided by Foreign bank (Indian bank overseas branches or Foreign bank) on deciding which offer to accept. But this … Continue reading

Posted in Buyers Credit, Letter of Comfort (LOC) / Letter of Undertaking (LOU) | Tagged , , , , , , , , , , , | Leave a comment