Extension of validity of LC within 3 months period for which commitment charges have been collected

₹500 per Amendment

Extension of validity of LC beyond 3 months period for which commitment charges have been collected up to 3 months

• Fresh commitment charges @ 0.10% for every quarter
• Min ₹1000 or one quarter charges whichever is higher
• On monthly basis thereafter

Enhancement of value of LC

• Both Usance & Commitment charges as per A1 & A2 above for additional amount, for the period and tenor already issued
• Min ₹1000

Increase in Usance period/Tenor of the B/E

• Additional Usance charge on the outstanding liability as per A2 above
• Min ₹1000

Amendment other than extension of validity or enhancement of value or of tenor of B/E

₹500 per amendment + Swift charges

Revival / Reinstatement of an expired LC within 3 Months of expiry

• Both the usance and commitment charges from the date of expiry till the new validity
• Min ₹500