Bill Purchase / Discounting

Enhance Your Cash Flow with Smart Financing

Optimise Working Capital | Access Immediate Liquidity | Strengthen Business Growth
Efficient cash flow management is essential for business success. South Indian Bank’s Bill Discounting Facility provides businesses with instant liquidity by converting receivables into cash, allowing them to meet working capital needs, handle operational expenses, and maintain seamless business operations. Whether through bill purchase, usance bill discounting, or cheque discounting, our flexible solutions ensure that businesses receive timely credit against receivables, reducing financial strain and improving liquidity.

Key Features and Benefits

Instant Liquidity

Seamless Cash Flow Management

Competitive Discounting Rates

Flexible Discounting Tenures

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Why Choose South Indian Bank?

With a legacy of trust, reliability, and financial excellence, South Indian Bank has been a steadfast partner for businesses, providing seamless and innovative financial solutions. Our Bill Discounting facility is designed to ensure stability, growth, and efficiency, offering immediate access to funds so businesses can maintain uninterrupted cash flow.

Bill Discounting is a short-term financing solution that allows businesses to sell their outstanding invoices (bills of exchange) to the bank at a discounted rate in exchange for immediate cash. Instead of waiting for the invoice to mature, businesses can access funds quickly, ensuring steady cash flow and minimising financial constraints.
This facility is ideal for businesses that operate on credit sales and need working capital to sustain their daily operations.

We offer a variety of post-sale financing options to help businesses convert receivables into immediate cash and maintain steady liquidity.

Bill Purchase
- Get immediate credit for demand Clean or Documentary Bills.
- Bills payable on demand and drawn on outstation centres.
- Credited amount adjusted for applicable discount and handling charges.
Usance Bill Discounting
- Receive upfront funds for Usance Clean or Documentary Bills.
- Bills payable after a specific period (usance period).
- Amount adjusted for interest, handling charges, postage, and other fees.
Cheque Discounting
- Get instant credit for outstanding cheques or drafts.
- Applicable for cheques drawn on South Indian Bank or other banks.
- Credited amount adjusted for applicable discounts or commissions.

Manufacturers & Traders	Convert sales invoices into cash for immediate business needs.
Exporters & Importers	Reduce payment delays and manage trade finances efficiently.
Service Providers	Ensure continuous cash flow while waiting for client payments.
SMEs & MSMEs	Address short-term financial needs without impacting long-term plans.

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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 options suitable to your business.