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Overseas loan under domestic guarantee


Overseas loan under domestic guarantee


For Chinese "going global" enterprises' subsidiaries in India which are in need of production or operation fund and credit support from banks, they may apply for financing from Bank of China MUMBAI Branch under the following precondition: the foreign subsidiary shall be secured by a SBLC or L/G issued by a domestic branch of Bank of China or other commercial bank in which Bank of China MUMBAI Branch is appointed as the beneficiary.


1.It can meet the financing needs for the "going global" enterprises to establish subsidiaries in India: A strong domestic corporate customer may have a subsidiary with limited strength or not qualified for applying for financing credit independently from Bank of China MUMBAI Branch. Therefore, the subsidiary may solve its financing needs through "overseas loan under domestic guarantee ".

2.It is simple and convenient: The financing application is handled through guarantee with rapid examination and approval of credit line, as well as easy procedures.

Interest Rate

Subject to Bank of China's management rules on loan interest rates.


All charges are subjected to the agreement.

Target Customers

Corporate customers in need of financing from Bank of China MUMBAI Branch for commercial activities between parent company in China and subsidiary in India or Middle East.

Application Qualifications

1.The borrower should be a registered legal person of enterprise or other economic organization with the valid business license.

2.The borrower should have acquired valid SBLC or L/G.

3.The borrower shall have an account at Bank of China.

4.The borrower should be in line with other loan requirements of Bank of China.

Required Documents

1.Loan application.

2.Certificate of enterprise legal representative or power of attorney, board of directors resolution and the articles of association.

3.Valid enterprise corporate (legal person) business license (copy).

4.The borrower's audited financial statements of the latest tree years and latest financial statement.

5.Other documents and certificates required by Bank of China.

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