HDFC initiatives for SMEs

BANGALORE, INDIA: HDFC Bank understands how much of hard work goes into establishing a successful SME. That's why it has assembled products, services, resources and expert advice to help ensure that your business excels.

Funded Services:

following are the Funded Services from HDFC Bank which are meant to directly bolster the day-to-day working of an SME enterprise:

Working Capital Finance

Commercial Vehicle finance

Construction Equipment Loan

Short Term Finance

Medical Equipment Finance

Healthcare Project Finance

Bill Discounting

Credit Substitutes

Export Credit

Structured Cash Flow Financing

Real Estate Initiatives.

Also read : BSE SME Exchange to be launched on March 13

Non-Funded Services:

HDFC Bank offers solutions that act as a catalyst to propel your business. Imagine a situation where you have a letter of credit and need finance against the same or you have a tender and you need to equip yourself with a guarantee in order to go ahead. This is exactly where we can help you so that you don't face any roadblocks when it comes to your business. The following are the services that will precisely tell you what we can do.

Business Accounts

HDFC Bank Trade

Letters of Credit

Guarantees

Collection of Documents

Cash Management Services

Forex Desk

Money Market Desk

Derivatives Desk

Services to Employee Trusts

Services to Cash Surplus Corporates

Tax Collection

Bankers to Rights/Public Issue

{#PageBreak#}Specialised Services:

HDFC Bank is one of the most trusted entities when it comes to specialised services like selling of precious metals to customers. Under specialised services you can also avail customised control of your value chain through our internet banking platform.

Precious Metals

Channel Financing

Value Added Services

There is a plethora of services that we offer under value added services. There's corporate salary account which ensures smooth payment methods to your staff. You can avail an assortment of credit cards and debit cards from our merchant services.

The following are the highlights of this service:

Real Time Gross Settlement

Corporate Salary Accounts

Reimbursement Account

Merchant Services

Custody Services

HDFC Bank Business Platinum Credit Card

HDFC Bank Business Gold Credit Card

Internet Banking:

Internet banking is a revolutionary service under the banking sector and HDFC Bank is a forerunner in providing you with this service. We provide state-of-the-art payment gateway services to industries and companies in order to ease transaction processing. This in turn enhances the credibility of your business and makes banking extremely cost-efficient.

For more visit http://www.hdfcbank.com/personal/default.htm