Operational
methodology of Morabaha includes the purchase of goods by the
Bank from a third party and then selling the same to the client.
The whole procedure involves an agency agreement between the
parties. The client has to make payment of a deferred marked
up price to the Bank.
B - Working Capital Finance
To ensure the smooth operations of business
ventures, we offer traditional working capital financing.
These credit lines are making the companies eligible for credit
by collateralizing the funds with appropriate securities,
mainly earning assets. The tenor of these facilities is upto12
months.
C - Bridge Finance
Bridge finance facility of the Bank provides
a successful completion of the onset of the enterprise by
meeting initial project cost or pooling equity until the committed
funds become available. It is prior to permanent financing.
We are abridging major capital needs for corporate sector
in this way.
D - Letter of Guarantees
Guarantees are given by the Bank
on behalf of customers against cash margins or collaterals
or against other Banks' counter guarantees. We are catalyzing
various avenues by offering a range of bank guarantees i.e.
Performance Bonds and Bid Bonds. Our Guarantees:
 |
Facilitates
the customer's transaction for which a guarantee is issued |
|
Protects the
rights of the beneficiary |
For further information on our Corporate
Banking products, speak to us today. To schedule a meeting
with our relationship manager, contact us at the our numbers
or email us.
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