The Corporate Banking Department provides Corporate Banking products – both funded and non-funded and has been instrumental in developing the Bank into a ‘Relationship Bank’. The customer base of the Corporate Banking department spans over a wide range of industries including Trading, Manufacturing, Services and Contracting. Depending on the industry sector, the banking products are suitably devised to effectively cater to the particular requirement of the sector. Products extended by the department include:

• Corporate Banking Products:
• Overdraft Facilities
• Term Loans of various maturities both for Capital expenditure and working capital requirement
• Mortgage Loans
• Loan against Shares
• Letters of Credit and Acceptance,
• Loans against Trust Receipts
• Advance against Receivables
• Bill Discounting, Services for Bills Collection and Payment
• Bonds of all types (bid, performance, payment, advance payment guarantees, etc.)

Every customer or a group of customers is assigned a specialist relationship executive, who is in constant touch with the customers to understand their requirements and offer suitable services and products on most competitive terms. The emphasis is on the development of tailor-made financial solutions that are suited to the individual needs of the customers. The executive also liaises with other departments of the Bank to facilitate prompt delivery of the required services and products to the satisfaction of the customer. These relationship executives are vital links between the Bank and our customers.