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1. Parties: Identifies all parties involved: Issuing Bank, Beneficiary Bank, Applicant (Buyer), and Beneficiary (Seller)

2. Background: Context of the transaction, underlying commercial relationship, and purpose of the SBLC

3. Definitions: Definitions of key terms used throughout the document

4. Credit Amount and Currency: Specifies the maximum amount of the SBLC and the currency of payment

5. Validity Period: Clearly states the issuance date, effective date, and expiry date of the SBLC

6. Drawing Terms and Conditions: Specific conditions under which the SBLC can be drawn upon

7. Payment Terms: Details of payment mechanism, timing, and process

8. Documents Required: List of documents required for presentation under the SBLC

9. Bank Obligations: Responsibilities and obligations of the issuing and confirming banks

10. Governing Law and Jurisdiction: Specifies Indian law as governing law and jurisdiction for disputes

11. Force Majeure: Provisions for unforeseen circumstances affecting the SBLC

12. Notices: Communication protocols and contact details for all parties

1. Schedule 1 - Form of Demand: Standard format for making a demand under the SBLC

2. Schedule 2 - Form of Transfer: Standard format for transferring rights under the SBLC

3. Schedule 3 - Fee Schedule: Details of all applicable fees, charges, and commission

4. Schedule 4 - Required Documents: Detailed list and formats of all required supporting documents

5. Appendix A - Commercial Invoice Format: Standard format for commercial invoices to be presented

6. Appendix B - Transport Document Requirements: Specifications for acceptable transport documents

7. Appendix C - RBI Compliance Checklist: Checklist ensuring compliance with RBI regulations

8. Appendix D - Bank Details: Complete banking details of all parties involved