Dealer Finance

Available to automobile dealers for setting up of new dealerships, expansion, renovation and supplementing working capital requirement.

• Inventory funding is available to auto dealers to finance the working capital requirement
  
  
• Dealer Inventory/ Vehicles funding facility – This facility is linked to the retail business sourced through dealership counter. Higher the retail business, lower is the rate of interest charged.
  
  
• The finance facility can be set up for catering to partial or the entire vehicle related working capital requirement of the dealership.
  
  
• Cash Credit: We offer cash credit facility towards the funding of debtors and spares.

• Letter of Credit / Bank Guarantee LC/BG is available for dealers either as a sub limit or as a stand-alone limit, as required.