How It Works



  • Banker
  • Create Account
  • The banker creates an account by providing all the details. Each bank branch is allowed to create only one account.
  • IBC Background Check
  • To maintain authenticity and eliminate hoax users. We have a team of professionals who will thoroughly do a background check
  • Account Activation Confirmation
  • Once the credentials of the banker are confirmed, the banker will be sent a unique ID & password to use the portal. The banker can then start accessing the portal.
  • Bankers Bid
  • All the enquiries will be visible to all bankers for them to quote. Bankers can see the quotes made by other bankers too on an anonymous basis.
  • Banker issues Offer Letter
  • Once the transaction has been confirmed by the client, the banker issues the offer letter.
  • Banker transfers the funds
  • Once the Bank receives the LOU in the proper format, they would be funding the transaction.
  • Importer
  • Create Account
  • The user creates an account, by providing all the details . Each user/ company is allowed to create only one account
  • IBC Background Check
  • To maintain the accuracy of the account and eliminate hoax users . We have a team of professionals who will thoroughly do a background check
  • Account Activation Confirmation
  • Once the account is verified by IBC staff, a new account is created for the client with a unique ID & password. This ID & password are then shared with the client for using the portal.
  • Place Requirement
  • Once the client has got the login details, he can log on to the portal anytime and post an enquiry(single or multiple) on the portal.
  • Select the Bank as per requirement
  • All the quotes made by different bankers will be visible to the client. The client can choose the right banker to deal with according to his preferences( rate, ease of working,etc.)
  • Renegotiate or Confirm Transaction
  • The client can accept, reject, hold each quote received for every transaction. They also have an option to request for a better quote from the bank.
  • Client to send LOU
  • Upon the receipt of the offer letter, the client will be required to send the LOU to the funding bank atleast 2 days before funding date.

Post deal closure servicing by IBC

After the deal is confirmed,till the time of repayment, IBC staff will ensure smooth proceeding of the transaction for all transactions closed through IBC.