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 andÂ trade finance services.
Our Bank has also set up a centralized corporate banking team to work with other banks that arrange syndicated loans.
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.
To meet balance sheet funding/ cash flow requirements/ immediate funding requirements.
We provide term loans forÂ 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
Purchase/ sale bill discounting
Pre- and post-shipment financing, forward covers, buyerâ€™s credit and finance in foreign currency.
Arrangement of buyersâ€™/ suppliersâ€™ credit through overseas banks/ correspondents to help reduce cost for importers as per RBI guidelines.
Letter of credit service for importers
Bank guarantees favouring government, quasi government bodies, and corporates to support business needs such as performance bonds, customary bonds, and bid-bonds.
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.
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.
Forex hedging solutions and advisory services.
With CSB, it's support all the way.
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.
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.
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.
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.
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..