SME Banking

We offer a range of solutions tailor made for SMEs. Some of the key products that we offer

Term Loans- long-term funds to support growth, be it capacity expansion, product diversification, plant modernization or other similar requirements. The repayment obligations are on the basis of the estimated cash flow of your business. These loans are secured against the fixed assets acquired through the loan and secondarily against suitable collateral security wherever required.

Working capital loans: These are given in the form of cash credit/ overdraft for purchase of raw materials and for meeting working capital gaps.

Export Finance - can be taken for procuring raw materials, manufacturing/processing, packaging and shipping goods; as Pre-shipment Credit against firm order and/or as Letter of Credit. Finance is provided either in Indian or foreign currency.

Import Finance: Import finance is available to importers of goods - raw materials and capital goods.

Letter of Credit- Apart from fund based working capital facilities, we provide a range of Non-Fund Based facilities such as Letter of credit, Bank Guarantees, Solvency certificates, etc. Generally provided for 3-6 months depending upon your trade cycle.

Buyers’/ Suppliers’ Credit: Our Bank arranges buyers’/suppliers’ credit through overseas banks/ correspondents to help reduce cost for importers as per the RBI guidelines.

Commercial Vehicle Loans: Commercial vehicle loans are provided for purchasing and upgrading business related transportation of our SME customers.

Working capital loans: These are given in the form of cash credit/ overdraft for purchase of raw materials and for meeting working capital gaps.

Inland bill discounting: This facility offers a quick and low cost funding option for domestic traders. Discounting of credit worthy bills or receivables drawn against letters of credit or firm orders can be provided for a period of three to six months based on the tenor of the bill.

TReDs Bill Discounting: The Trade Receivables Discounting System (TReDS) was set up in 2017 under the aegis of the RBI to help MSMEs to more easily convert their trade receivables into funding. TReDs enables MSMEs to discount invoices as well as bills of exchange in return for early payment.

Cash Credit/ Over Draft- short-term credit to meet your day to day working capital needs. You can continuously draw up to the predetermined limit as and when needed.

Inland Bill Discounting Facilities - offer a quick and low cost funding option. Discounting of credit worthy bills or receivables, say drawn against Letters of Credit or firm orders could be provided for a period of 3-6 months based on the tenor of the bill.

In addition to the above, our Bank undertakes structured financing in discussion with customers. Facilities are tailor made to suit customers’ specific needs and are adjusted based on customers’ performance vis-à-vis projections.

With CSB, it's support all the way.

CSB Bank SME Cluster Team