Corporate Bill Discounting

Optimise Your Working Capital with South Indian Bank

South Indian Bank’s Corporate Bill Discounting Program provides a seamless financing solution for businesses looking to improve liquidity, manage cash flow, and optimise working capital. Designed for corporates across diverse industries, this facility helps in financing purchases from vendors and managing sales receivables, ensuring smooth business operations without disruptions.

Key Features and Benefits

Wide Industry Coverage

Suitable for businesses in FMCG, automobile, healthcare, retail, e-commerce, and more.

High Loan Quantum

Financing limits from Rs5 Crores to Rs50 Crores, ensuring ample working capital.

No Additional Collateral Required

Bills and invoices serve as the primary security.

Flexible Repayment Period

Maximum usance period of 90 days for greater flexibility.

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What is Corporate Bill Discounting ?

South Indian Bank’s Corporate Bill Discounting facility is designed for corporates engaged in manufacturing, retail, e-commerce, EPC, and other industries, offering a seamless way to optimise working capital. This financing solution is available in two categories: CBD-Payable, which facilitates purchases from vendors, and CBD-Receivable, which helps businesses manage their sales receivables efficiently. Financing limits from Rs.5 Crores to Rs.50 Crores, ensuring ample working capital. To ensure financial stability, applicants must have a minimum external credit rating of ‘A’. Additionally, the facility does not require any collateral, as it is secured by accepted invoices or bills, making it a hassle-free solution for businesses looking to enhance cash flow.

Wide Industry Coverage
High Loan Quantum
No Additional Collateral Required
Flexible Repayment Period

Criteria	Requirement
Annual Turnover	Rs.500 Crores for CBD-Payable, Rs.1000 Crores for CBD-Receivable
Cheque Return History	No cheque returns marked "Funds Insufficient" in the last 6 months
SMA Classification	No SMA-1 or SMA-2 classification in the last 12 months

Document Type	Required Documents
For the Principal Borrower	Last 3 year's audited financials and un-audited quarterly results Estimated and projected balance sheet for the current and next financial year Complete KYC documents Past 12 month's bank account statements List of approved vendors whose bills will be discounted

Category	Details
Interest Rates	Check Interest Rates
Additional Charges	Click here for Service Charges

Online Application:
- Enter your details here and our representative will connect with you.

Offline Application:
- Visit Your Nearest Branch – Bring the required documents and discuss your needs with our loan officer. Branch locator
- Complete the Application Process – Submit the necessary paperwork for verification.
- Approval & Disbursal – Once approved, funds are made available quickly.

Visit your nearest branch or contact our experts to explore the best financing optionsfor your business.

Frequently Asked Questions

To get answers to the frequently asked queries

This facility is available for corporates engaged in manufacturing, retail, e-commerce, or trade of domestically manufactured goods, with an annual turnover of at least Rs.500 Crores (CBD-Payable) or Rs.1000 Crores (CBD-Receivable).

Financing ranges from Rs.5 Crores to Rs.50 Crores, depending on eligibility.

The maximum usance period is 90 days, providing flexibility in cash flow management.

The primary security includes accepted invoices, delivery challans, or accepted bills of exchange/demand bills. No additional collateral security is required.

Corporates with cheque returns marked as ‘Funds Insufficient’ in the last six months or classified under SMA-1/SMA-2 in the last 12 months are not eligible for this facility.

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