Dhanlaxmi Bank SME Banking

By : |November 5, 2012 0

BANGALORE, INDIA: Dhanlaxmi Bank has earned the trust and goodwill of clients with its rich heritage. It is due to their strong belief in the need to seek innovation, deliver best service and demonstrate responsibility, that they have grown from strength to strength. Be it in the number of customers, the scale of business, the breadth of their product offerings, the banking experience they offer trust to people to invest in them.

Here are the SME Banking initiatives by Dhanlaxmi Bank:

Working Capital Facilities


Cash credit/ overdraft, working capital loan : To meet the complete working capital needs of the business

Bill /invoice discounting : 1) Pre/post shipment 2) Supply chain finance 3) LC backed bill discounting. 4) SBD/LBD. 5) Bill discounting is done to bridge the short term fund requirement

Capex loans : Business expansion loans for machineries, fixed assets, etc

Capacity Expansion

Also read: 5 Steps You Must Take to Protect Your Small Business

SME Segment Covered:

Whole Sale and Retail Trader

Trade Facilities

Export Packing credit : Finance is provided in both Indian and foreign currency

Post shipment credit : Finance is provided in both Indian and foreign currency

Buyers/suppliers credit : Trade credits are provided

LC : Bank extends foreign and domestic LC’s.

BG : 1) Banks issue various types of guarantees 2) Financial Bank Guarantee 3) Performance Bank Guarantee 4) Stand by Line of credit

CMS : Collections and payment solutions, like cash/cheque collection etc

Transactional banking Services : Trade and foreign exchange services

Payment Gateway Services : To ease transaction processing

Inward/outward remittances : Facilitate payments for exporters and importers.

Source: www.dhanbank.com

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