Corporate Banking

The corporate banking group at CSB caters to the needs of corporate entities and provides a range of commercial banking products and services to corporates. This includes regular banking services, corporate accounts, salary accounts, cash management services, short term funding including working capital finance, long term solutions including Term Loans and trade finance services.

Our Bank has also set up a centralized corporate banking team to work with other banks that arrange syndicated loans.

Working Capital Finance

CSB offers range of working capital facilities - affordable, convenient financial solutions that help in running an efficient enterprise. You can choose from the range of products including : Term Loans, Cash Credit, Letter of Credit, Bank Guarantee, Bill Discounting and more.

Corporate loans

To meet balance sheet funding/ cash flow requirements/ immediate funding requirements.

Term Loans

We provide term loans for investment in fixed assets, like plant and machinery, sheds, buildings, furniture etc., payable in installments. Repayment periods normally extend up to 8 years. However the tenure and other terms are based on specific needs of the borrower, our risk perception of the deal and are transaction specific

Bill Finance

Purchase/ sale bill discounting

Export/ Import Finance

Pre- and post-shipment financing, forward covers, buyer’s credit and finance in foreign currency.

Buyers’/ Suppliers’ Credit

Arrangement of buyers’/ suppliers’ credit through overseas banks/ correspondents to help reduce cost for importers as per RBI guidelines.

Letter of Credit

Letter of credit service for importers

Bank Guarantee

Bank guarantees favouring government, quasi government bodies, and corporates to support business needs such as performance bonds, customary bonds, and bid-bonds.

Bills discounted under domestic letters of credit

Customers who supply goods against domestic letters of credit opened by their buyers are allowed to discount bills drawn under letters of credit opened by banks in India.

Cash Management

Successful cash management involves reducing days in account receivables increasing collection rates as well as optimizing account payables and increasing days cash on hand all in order to improve a company's overall financial profitability.

Cash management products/services are offered to clients as added services for collecting receivables, managing payables, and managing cash, as well as using it for short-term investing.

Virtual Account Management (E-Collect)

A virtual account is a system-generated, non-physical digital account linked to a single physical bank account, It is used to uniquely identify payers, transactions, or purposes to simplify and automate payment tracking and reconciliation for businesses. Unlike physical bank accounts, virtual accounts do not hold balances; instead, they act as unique reference points, routing incoming funds to a primary or "master" account, enabling businesses to manage cash flow and reconcile payments in real-time without the complexity of maintaining multiple physical bank accounts

Features & Benefits

• Easy identification of remitter
• Reconciliation of voluminous transactions
• Validation of transactions through offline data maintained with the bank or online through API integration with client web service
• MIS/reverse feed via mail/API at customized frequency

• E-collect Virtual account Form

• E-collect Virtual account TnC

Doorstep Banking

Doorstep banking services help in better cash management by reducing idle cash balances, enabling timely deposit of collections and helps in reducing risks.

CSB Doorstep Banking services offer the following:

1. Pick up of cash, cheques and other instruments
2. Delivery of cash, against cheques received at the counter or requests received through other secure convenient channels

This service is available to both individual as well as Corporate/Institutional clients within the business hours of the bank.

CSB currently offers the Beat model for cash pick up as well as delivery, where the service provider shall visit the customer on daily basis or on a frequency requested by the customer.

The customers account will be credited/debited on the same day of pickup or delivery and daily reports can be made available.

Limits for Collection/delivery of cash

For Corporate/Institutional clients

1. Pick up of cash: as per feasibility.
2. Delivery of cash against cheques received at the counter: as per feasibility
3. Pick up/delivery of instruments (like cheques, drafts/pay orders, dividend warrants etc. for clearing)

For Individuals:

1. Pick up and delivery of cash upto Rs 30,000.
2. Pick up/delivery of instruments as per feasibility.

For further details of the service and charges, please contact 18002669090, 022-45393950, 022-69578500.

Attached is the DSB enabled CSB Branch list & DSB policy:

• List of branches for DSB
• DSB policy framework

• Corporate Internet Banking
  A state-of-the-art online platform “CSB CorpNet” is designed to integrate with your existing systems and ensure safe and secure flow of transactions. “CSB CorpNet” enables seamless processing of Bulk transactions through RTGS / RTGS / Internal Funds Transfer and Salary Payments, thus effectively reducing the turnaround time. Know more

Treasury Products

Forex hedging solutions and advisory services.

With CSB, it's support all the way.

Current Account

CSB Current Accounts offers the best of product features and transactional services for corporates and businesses. Enjoy the environment of a service friendly bank with a comfortable balance requirement to go along with the growth of your business enterprise.

Salary/Payroll Account

The CSB Salary/Payroll solution is a benefit-rich program with several benefits for both Employers and Employees.

The Employer enjoys the convenience of easy disbursements of salaries (among other benefits) and the Employees benefit with features like quick credit of salaries, offers on bill payments, phone banking, free internet banking and much more.

Trade Finance

Our export focused services include Packing Credit, Export Bills Collection / Discounting / Negotiation / Purchase / Rupee Advance, Export LC advising and Advance remittance against exports. We offer a range of services for importers too - Import Letter of Credit, Import bill Collections / Direct Bills / Advance Remittance against Imports, Buyer's Credit / Supplier's Credit. Our remittance products are very competitive - Foreign: Inward and Outward Remittances, Cheque Collection / Purchase, Demand Draft. We also offer inland products like Letter of Credit, Bank Guarantee, Bills Discounting / Purchase under LC / Non-LC, Bills for Collection.

Foreign Exchange

We provide tailored services to help corporates make international payments, collections and investments. We also have solutions to manage the foreign exchange risks associated with international trade and investments.

Supply Chain Finance

We offer tailor made solutions that optimizes cash flow by allowing corporates to manage their payables to their suppliers while providing the option for their suppliers to get paid through structured solutions..