a. HDFC Bank
b. Standard Chartered Bank
c. ICICI Bank
d. HSBC
e. AXIS Bank
f. CITI Bank
What are the services we are offering to our clients through them?
a. Channel Finance through HDFC/Stanc/ICICI/HSBC
b. OEM (Original Equipment manufacturer) Finance through UTI
c. Member Finance through ICICI
Some generic content on the availers of Finance
No collaterals or securities are required
Competitive rate of Interest
Instant Disbursal
Hassle free one time documentation and processing
Available 24/7/365
Minimum manual intervention ensures integrity of data
Minimal time spent on typical financial activities
What are we doing and can do in terms of leveraging the power of collective bargaining for them
Offering working capital finance at a rate lower than the market rate
Providing high facility limits
Increased repayment period
Providing ad-hoc limit as and when required
Making banks provide better customer service
What are we doing in terms of obtaining competitive deals from competing banks?
Bringing new banks on board
Active negotiation with partner banks
Shifting customers from banks in case of deficiency in service
Providing increased customer base to keep bank charges at check
Assurance of high volume of business to get the best deals for our clients/customers
Some added advantages that will help us sell this service to more clients and encourage more banks to tie up with us
Providing economic transparency to enable better and faster decision making to provide improved customer service
Role based User Interface for the different Roles (Supply chain partners, sales managers, credit managers etc.)
Audit controls
Banks have access to a large client base of high net worth entities
Banks get an opportunity to get associated with big names as Tata Steel and SAIL
Introduction of Loyalty program to retain the existing customers and thus nudging them for incremental business with our clients as well as MJ
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