Overview

Axis Bank's vendor finance schemes offer a customized set-up for Corporates to provide financing to Vendors for their supplies to Corporates. Once the specific request is raised by Vendor/Corporate, disbursements are made directly to vendor. It ensures smooth cash flow situation for Corporate as well as Vendor.

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Features &
Benefits

Features & Benefits

  • Features :
  • imgSeamless vendor onboarding with minimal documentation
  • imgDedicated relationship managers for both corporates and dealers
  • imgOnline request submission & disbursements enabling fast TAT
  • imgReady reckoned MIS reports for Corporate & Vendor
  • imgAPI enabled communication system with Corporate ERP

  • Benefits to Corporate :
  • imgEnables to consolidate their payment process across all vendors
  • imgSupport to Vendor for Vendor Loyalty Programme
  • imgWorking capital management of the Corporate
  • imgLow-cost unsecured working capital solution for strategic Vendor

  • Benefits to Vendors :
  • imgEarly Payments to Vendor for manufacturing of good/services
  • imgImproves cash flow and liquidity position of Vendors
  • imgLow cost working capital solution
  • imgScope for turnover improvement for Vendors

How it works?

 

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Programme is structured & set up for Corporate
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Bank evaluates and onboards Vendors based on Corporate recommendation.
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Transaction modalities implemented in the system as per the program structure
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In line with program construct, Bank funds and transfers payment.
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On due date, Vendor/Corporates pays the Bank

Disclaimer:

Product offering is subject to certain eligibility criteria as per Bank's internal policy and is subject to Bank's discretion