The Loan Against SBLC facility enables corporates to access funding secured by Standby Letters of Credit (SBLCs) issued by reputed international banks or group entities. It is particularly suitable for overseas subsidiaries and group companies requiring liquidity support backed by parent strength.
BEST FOR
Fully secured by SBLC support
Ideal for overseas subsidiaries of Indian Corporates
Liquidity backed by parent Guarantees
Funding in foreign currencies
Structured liquidity support
Access funding backed by SBLCs to support working capital and operational requirements
Flexible funding options
Foreign currency access
Avail loans primarily in USD, aligned to business cash flow and financing requirements
Simplified transaction process
Experience efficient turnaround with minimal documentation once the SBLC is in place
Regulated lending framework
Benefit from secure, compliant corporate lending managed under ICICI Bank DIFC’s governance standards
Security
Fully backed by an SBLC from an acceptable bank or group entity
Currency
Funding is primarily available in USD
Tenure
Linked to the underlying SBLC validity
Purpose
Supports working capital or trade needs
Connect with ICICI Bank DIFC Branch
Provide SBLC from parent entity
Assessment and structuring
Submit the complete documents
Loan disbursement
A Loan Against SBLC is a financing facility where a corporate borrower obtains funding secured by a Standby Letter of Credit (SBLC) issued by a reputable international bank or a group entity.
The facility provides financing against Standby Letters of Credit issued by group entities or reputed banks, supporting working capital or trade-linked needs.
Fully secured by SBLCs, offering peace of mind to both lenders and corporates while ensuring liquidity when needed.
Corporate clients or subsidiaries holding valid SBLCs from acceptable banks.
Primarily offered in USD, whereas other major foreign currencies may be considered.
Suitable for trade, working capital or general corporate funding.
