Optimize your local supply chain. We offer collection and discounting services for bills arising from trade within India, ensuring a smooth flow of cash from your local buyers.
Products include: Inland Bill Discounting, Purchase, and Negotiation.
Digital Capability: Upload documents via our Corporate Internet Banking for instant processing.
Key Features
- Immediate Liquidity: Convert credit sales and outstanding receivables into cash without waiting for payment due dates.
- Flexible Financing: Available against accepted bills, invoices, and other eligible trade receivables.
- Seamless Processing: Quick approval and disbursement with minimal documentation requirements.
Benefits to Customer
- Improved Cash Flow: Unlock funds tied up in receivables and maintain smooth business operations.
- Working Capital Optimization: Meet inventory, supplier, and operational expenses without disrupting business cycles.
- Business Growth Support: Extend competitive credit terms to customers while preserving liquidity.
Eligibility
All businesses with established domestic trade transactions and a satisfactory credit track record.
Documents
- Invoice
- Proof of Delivery/Transport Document (where applicable)
- Purchase Order
- Letter of Credit (if LC Backed transaction)
- Buyer/LC issuing bank's acceptance (if required)
Turnaround Time
Fast processing and disbursement for complete applications submitted before the prescribed cut-off time.