SME Banking

At CSB, we offer a range of tailor-made solutions to help SMEs access banking services and engage fundamentally with us for credit, deposit, transaction and advisory services. Some of the key products that we are offer as follows:

• Term Loans: Secured against fixed assets or suitable collaterals, term loans usually range from one year to as long as thirty years supporting growth in various forms such as capacity expansion, product diversification, plant modernization and similar other requirements. The repayment responsibility is on the basis of estimated cash flow of your business.
• Working Capital Loans: This kind of loan is aimed towards day-to-day operations of a business. These are given in the form of cash credit/overdraft for purchase of raw materials and for meeting working capital gaps.
• Export Finance: This loan can be taken for procuring raw materials, manufacturing/processing, packaging and shipping goods either as a Pre-Shipment Credit against a firm order and/or as a Letter of Credit. Finance is provided either in Indian or foreign currency.
• Import Finance: This is typically to finance importers of goods – raw material and capital goods.
• Letter of Credit: This type of facility is generally provided for three to six months depending upon the trading cycle. Apart from fund based working capital facilities, we also provide a range of non-fund based facilities such as Letter of Credit, Bank Guarantees, Solvency Certificates and so on.
• 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/or upgrading business related transportation of our SME customers.
• 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 the MSMEs 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 requirements. You can continuously draw up to the predetermined limit as and when needed.
• Inland Bill Discounting Facilities: Offers 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 aforementioned, our Bank also undertakes structured financing in discussion with our customers. Facilities are custom-made to suit customer-specific needs and are adjusted based on performance vis-à-vis projections.