Indian Tyre Manufacturer,Indian Tyre Exporter,Indian Tyre Supplier

We have two payment options. One can any one from the following:

Advance Payment OR T/T

100% Advance Payment: By paying 100% advance of total order value, we can consider special discount.
Part Payment In Advance: By paying 40% advance of total order value and balance 60% after faxing of Bill Of Lading (B/L).

Letter Of Credit (L/C)

L/C At Sight: 100% Irrevocable & Confirmed L/C payable at sight.
Usance L/C: 100% Irrevocable & Confirmed L/C at usance of 0-180 days from B/L date. (Interest charges applicable)

Opening of Letter of Credit:

The irrevocable and confirmed Letter Of Credit must be valid in India for negotiations.
The Letter Of Credit must only be issued through some prime or major international bank.
The address of the beneficiary:
EASTMAN INDUSTRIES LIMITED,
C-87, FOCAL POINT,
PHASE-V, LUDHIANA CITY, PUNJAB STATE
ZIP - 141010, INDIA
Validity of the Letter Of Credit:
90 days for shipment + 21 days more for negotiations.
Valid in India for negotiations.
Interest (applicable only for term/ usance Letter Of Credit):
Interest charged for irrevocable & confirmed Letter of Credit.
Payable in 120 days after the B/L date is: 3.48% of the total order value.
Negotiations
STATE BANK OF INDIA, OVERSEAS BRANCH,
SAVITRI COMPLEX, G.T. ROAD, LUDHIANA CITY, PUNJAB STATE
ZIP - 141003, INDIA
TEL: 91-161-2530896, 2534842, 2532721
FAX: 91-161-2531081,
SWIFT: SBININBB163

Payment Transfer

OR

The Letter Of Credit must be freely negotiable in India (preferred).

Reimbursement:
The Letter Of Credit must have clear reimbursement instructions.
Original Documents
Taking into consideration that directly sending the original documents to the consignee or to the agent is not permitted by our Central Bank (Reserve Bank of India), please don't mention this.
The original documents will be sent only to bank.

(Trans-shipment and partial shipment must be permitted in the Letter Of Credit)

Port of Shipment:
For Chinese Origin Goods: ANY CHINESE PORT
For Indian Origin Goods: ANY INDIAN PORT
Charges/ commissions of bank to issue/ confirm the Letter Of Credit:
All the charges outside of India will be debited to the applicant.
Letter Of Credit must be confirmed preferably by an Indian bank. The charges for confirming the Letter Of Credit will be debited to the applicant.
Sending the Letter Of Credit:
Please send a copy of the Letter Of Credit by fax to 91-161-2670934, with the name of the bank through which the Letter Of Credit will be sent to the advising bank.

EASTMAN' BANK ADDRESS & BANK A/C NUMBER
BENEFICIARY:	EASTMAN INDUSTRIES LIMITED
BANK A/C No:	10318971128
BANK ADDRESS:	STATE BANK OF INDIA, OVERSEAS BRANCH, LUDHIANA-141003 PUNJAB, INDIA
SWIFT NO.:	SBININBB 163
INTERMEDIARY BANK	STATE BANK OF INDIA, NEW YORK, USA
SWIFT NO.:	SBINUS33