Supply Chain Finance


With a view to provide finance to dealers towards the invoices raised by corporate on dealers, Bank has devised a product for Channel Finance to the dealers of corporate for inventory funding facility for Authorised Dealers (ADs) of well established corporates. The amount of Line of Credit (LOC) for the corporate is generally fixed with reference to annual turnover of the corporate. Sub limits to dealers is allocated as recommended by the corporate and would be linked to turnover of dealers with the corporate.