Working Capital Finance

Bank provides working capital finance to trading firms, industries, and other business entities by assessing current assets and liabilities. Business can draw up to the limit determined by the drawing power which is being appraised on a regular basis.

Bank offers working capital finance to meet short-term fund requirement for managing the day to day operation of the business. Bank’s working capital finance is extended to meet the different demands from all segments of industry, trade and the services sector. Assistance is extended by way of Fund based and Non-Fund Based facilities to business entities and public sector undertakings (PSUs). Funded facilities include Overdraft, Demand Loan, Bill Discounting, etc. Non-funded instruments comprise Letters of Credit as well as Bank Guarantees to cover advance payments, bid bonds, performance bond, etc.