About
Get your bill discounted from India’s leading banks and financial institutions. Bank will discount the invoice raised by you on the purchaser and pays immediately after deducting discount / commission. On maturity, purchaser pays money to the discounting bank/FI
Our process
- Book an appointment with buzzBT.
- At scheduled time our specialist will call you to understand the transaction.
- Based on the mandate received from you, buzzBT will negotiate for the best terms from the financing institutions.
- Customer gets the funds.
Documents required
- Mandate letter in favour of buzzBT
- KYC, transaction details and other documents as required by the lender.
Rate of interest and fees
- ROI and fees depends upon the credit profile of drawer, drawee, the period left for bill maturity and the perceived risk by the bank/FI.