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    Letter of Credit

    A Letter of Credit from LoanSeva provides businesses with the financial security and trust needed for smooth trade transactions, both domestic and international. It is a guarantee issued by a bank ensuring that a seller will receive payment from the buyer once all agreed terms and conditions are met.

    LoanSeva’s Letter of Credit facility helps businesses mitigate payment risks, improve cash flow, and strengthen supplier relationships. Whether you’re an importer, exporter, or supplier, our LC solutions ensure that your transactions are completed securely and efficiently.

    With fast processing, minimal documentation, and expert guidance, LoanSeva makes trade financing simple and reliable — empowering your business to grow confidently across markets.

    Documents Required

    • ✅ PHOTOGRAPHS 2
    • ✅ PAN CARD COPY
    • ✅ AADHAR CARD + PASSPORT
    • ✅ ADDRESS PROOF IF RENTED ALSO REQUIRED PERMANENT ADDRESS PROOF
    • ✅ LAST 3 YEARS FORM-16, ITR WITH COMPUTATION OF INCOME IF FILED
    • ✅ LAST 1 YEAR BANK STATEMENT – SALARY ACCOUNT
    • ✅ LOAN SCHEDULE & SANCTION LETTER (IF RUNNING)
    • ✅ COMPLETE PROPERTY PAPERS WITH CHAIN & MAP + ATS
    • ✅ PROCESSING FEE CHEQUE IN FAVOUR OF BANK
    • ✅ LAST 3 MONTHS SALARY SLIP + APPOINTMENT LETTER
    • ✅ PHOTOGRAPH BOTH
    • ✅ PAN CARD CLEAR COPY PROPRIETOR
    • ✅ ADDRESS PROOF (PASS PORT, VOTER ID CARD) PROPRIETOR
    • ✅ OFFICE ADDRESS PROOF LATEST (ELECTRICITY BILL, TELEPHONE BILL)
    • ✅ FIRM REGISTRATION CERTIFICATES & GST REGISTRATION COPY
    • ✅ LAST 1 YEAR GST RETURN COPY
    • ✅ FIRM 3 YEARS ITR COMPUTATION, PROFIT LOSS A/C, BALANCE-SHEET, TAX AUDIT REPORT, ALL SCHEDULED & ANNEXURE
    • ✅ PROVISIONAL FINANCIAL AY 2019-20
    • ✅ BANK ACCOUNTS (CURRENT ACCOUNT, CC ACCOUNT, OD ACCOUNT LAST 1 YEAR UPDATED)
    • ✅ 6 MONTH SAVING ACCOUNT STATEMENT UPDATED (PROPRIETOR)
    • ✅ IF RUNNING ANY LOAN PLEASE PROVIDE SANCTION LETTER AND REPAYMENT SCHEDULED
    • ✅ AGREEMENT TO SELL COPY
    • ✅ PROPERTY PAPERS WITH CHAIN SANCTION MAP
    • ✅ PHOTOGRAPH PARTNERS
    • ✅ PAN CARD – COMPANY, ALL PARTNERS
    • ✅ ADDRESS PROOF – ALL PARTNERS (PASS PORT, VOTER ID CARD, PAN, ADHAAR)
    • ✅ FIRM ADDRESS PROOF – LATEST ANY UTILITY BILL
    • ✅ PARTNERSHIP DEED COPY
    • ✅ GST CERTIFICATE
    • ✅ GST RETURN LAST 1 YEAR
    • ✅ 3 YEAR COMPANY ITR COI P/L A/C BALANCE SHEET + AUDIT REPORT 3CB 3CD, ALL ANNEXURES, SCHEDULED WITH C.A. CERTIFIED
    • ✅ PROVISIONAL FINANCIAL AY 2019-20
    • ✅ 3 YEAR ALL PARTNER INDIVIDUALS ITR + COMPUTATION
    • ✅ FIRM ALL A/C BANK STATEMENT 1 YEAR UPDATED
    • ✅ ALL PARTNER SAVING A/C STATEMENT 6 MONTH
    • ✅ IF RUNNING ANY LOAN – LATEST SANCTION LETTER + TRACK RECORDS OR REPAYMENT SCHEDULED
    • ✅ AGREEMENT TO SELL COPY
    • ✅ PROPERTY PAPERS COMPLETE CHAIN WITH MAP
    • ✅ ALL DIRECTORS PHOTOGRAPH
    • ✅ CLEAR PAN CARD – COMPANY AND ALL DIRECTORS
    • ✅ ADDRESS PROOF – COMPANY AND DIRECTORS
    • ✅ LIST OF DIRECTOR & SHARE HOLDER WITH CA CERTIFIED AS ON DATE
    • ✅ MEMORANDUM ORDER IN HAND AND COMPLETE COPY (IF APPLICABLE)
    • ✅ GST, SALE, VAT AND SSI REGISTRATION CERTIFICATE
    • ✅ 1 YEAR GST RETURNS
    • ✅ ALL DIRECTORS INDIVIDUALS ITR & COMPUTATION LAST 3 YEARS
    • ✅ LAST 3 YEARS COMPLETE FINANCIAL WITH TAX AUDIT REPORT AND ANNEXURE
    • ✅ PROVISIONAL FINANCIAL FY 2019-20 OR MONTH WISE SALE FIGURE LAST 1 YEAR
    • ✅ COMPANY ALL BANK ACCOUNT STATEMENT 1 YEAR UPDATED
    • ✅ ALL DIRECTORS SAVING A/C STATEMENT 6 MONTH
    • ✅ IF RUNNING ANY LOAN – LATEST SANCTION LETTER AND REPAYMENT SCHEDULED
    • ✅ AGREEMENT TO SELL COPY
    • ✅ PROPERTY PAPERS COMPLETE CHAIN WITH SANCTION MAP

    Frequently Asked Questions

    A Letter of Credit (LC) is a document issued by a bank guaranteeing that a seller will receive payment once the buyer fulfills the contract conditions.

    Importers, exporters, traders, and manufacturers engaged in domestic or international trade can apply.

    LoanSeva offers Sight LC, Usance LC, Standby LC, and Revocable/Irrevocable LC based on business needs.

    It reduces payment risk, builds trust between trading partners, and ensures timely completion of transactions.

    Typically, you’ll need invoices, shipping documents, purchase agreements, and KYC details.

    LoanSeva ensures quick approval and issuance, usually within 2 to 5 working days, depending on document verification.