No, Foreign Currency Packing Credit is specifically designed to finance pre-shipment expenses. For post-shipment financing, Union Bank of India offers separate facilities such as Export Bill Negotiation/Discounting or Export Credit.

The maximum credit limit for Foreign Currency Packing Credit depends on various factors, including your export order value, creditworthiness, and collateral offered (if any). It will be determined by Union Bank of India based on a case-by-case evaluation.

Yes, subject to satisfactory performance and assessment, you may request an increase in the credit limit. Union Bank of India will review your request and determine the feasibility based on the applicable terms and conditions.

The repayment terms and conditions will be mutually agreed upon at the time of availing the credit. You can repay the Foreign Currency Packing Credit in the agreed currency, either in a lump sum or through instalments, as per the repayment schedule provided by Union Bank of India.

Yes, a valid import-export license is a mandatory requirement to avail of the Foreign Currency Packing Credit. It is essential to comply with the applicable export-import regulations and guidelines to access the credit facility.