What are the Types of Corporate Banking Products

Every bank is providing a wide range of financial services, offering specialist advice and products to corporate clients to meet diverse demands of loans and advances changing market scenario. Banks have expertise to customize products & services to meet specific requirements of their clients. Banks are committed to serve their customers with extensive branch networking all over the country to expedite its client's business growth. Banks facilitate customers business to face the challenges and realize opportunities, now and in the future. Banks main focus are relationship based on banking and understanding corporate and institutional business environments.

Products under Corporate Banking

• Working Capital Finance: Business enterprises engaged in manufacturing, trading service business are eligible to avail working capital loan to meet day-to-day expenses for processing of manufacturing and selling product and services. Working capital products include both fund and non-fund based products. Fund-based working capital products include secured over draft, cash credit, packing credit, short-term loans payable on demand bank guarantees. Non-fund based products include bank guarantee; performance guarantees and bid bonds are also supporting the business of our customers.

• Syndication Finance: commercial banks have been financing large-scale projects under syndication arrangement to raise and meet huge credit need of a company. This arrangement allows the banks to share expertise among them and diversify its credit risks. Syndicated loan as loans extended by multiple banks where the overall credit involved exceeds an individual lender’s legal lending or other limits. It is made available by a group of financial institutions in pre-defined proportions under the same credit facility following common loan documentation formalities. 

• Lease Financing: Lease financing became a thrust sector for individual and small enterprise besides medium and large enterprises. Commercial bank has been providing lease finance facility to its customer for acquisition of manufacturing and service equipments for all major industrial sectors. The facility helps the customer to have better financial flexibility under budgetary constraints and to enjoy tax benefit.