At HDFC Bank we understand how much of hard work goes into establishing a successful SME. We also understand that your business is anything but "small" and as demanding as ever. And as your business expands and enters new territories and markets, you need to keep pace with the growing requests that come in, which may lead to purchasing new, or updating existing plant and equipment, or employing new staff to cope with the demand. That's why we at HDFC Bank have assembled products, services, resources and expert advice to help ensure that your business excels.

Our solutions are designed to meet your varying needs. The following links will help you identify your individual needs.

Funded Services from HDFC Bank are meant to directly bolster the day-to-day working of a small and a medium business enterprise. From working capital finance to credit substitutes; from export credit to construction equipment loan - we cater to virtually every business requirement of an SME. Click on the services below that best define your needs.

Working Capital Finance

Commercial Vehicle finance

Construction Equipment Loan

Short Term Finance

Bill Discounting

Credit Substitutes

Export Credit

Structured Cash Flow Financing

Real Estate Initiatives

Under Non-Funded services HDFC Bank offers solutions that act as a catalyst to propel your business. Imagine a situation where you have a letter of credit and need finance against the same or you have a tender and you need to equip yourself with a guarantee in order to go ahead. This is exactly where we can help you so that you don't face any roadblocks when it comes to your business. The following are the services that will precisely tell you what we can do.

Business Accounts

HDFC Bank Trade

Letters of Credit

Guarantees

Collection of Documents

Cash Management Services

Forex Desk

Money Market Desk

Derivatives Desk

Services to Employee Trusts

Services to Cash Surplus Corporates

Tax Collection

Bankers to Rights/Public Issue

HDFC Bank is one of the most trusted entities when it comes to specialised services like selling of precious metals to customers. Under specialised services you can also avail customised control of your value chain through our internet banking platform.

Precious Metals

Channel Financing

There is a plethora of services that we offer under value added services. There's corporate salary account which ensures smooth payment methods to your staff. You can avail an assortment of credit cards and debit cards from our merchant services.

The following are the highlights of this service:

Real Time Gross Settlement

Corporate Salary Accounts

Reimbursement Account

Merchant Services

Depository Services

Custody Services

PowerPlus Business Card

nternet banking is a revolutionary service under the banking sector and HDFC Bank is a forerunner in providing you with this service. We provide state-of-the-art payment gateway services to industries and companies in order to ease transaction processing. This in turn enhances the credibility of your business and makes banking extremely cost-efficient.

Payment Gateway Services

SME Financing & Development

The objective of the Small and Medium Enterprise (SME) Financing and Development Project is to improve SME access to finance (including term finance), and business development services, thereby fostering SME growth, competitiveness, and employment creation, key to achieving economic growth and poverty reduction. The project has three main components: 1. Credit Facility (CF) - financed through the Bank's US$lOO million, counterpart funds of US$lO.O million - which will address term financing constraints faced by banks in their SME lending, and hence, enable SMEs to access longer term funds needed for capital formation, and technological up-grading. 2. Risk Sharing Facility (RSF) - financed through the Bank's US$20 million, donor/SECO - State Secretariat for Economic affairs, Government of Switzerland - funds approximately US$5.0 million - designed to accelerate commercial bank financing to SMEs, through the establishment of a commercially viable, self-sustaining Risk Sharing Guarantee Company (RSGC) that will provide partial credit risk cover to banks for their SME lending portfolios. 3. Policy and Institutional Development Technical Assistance (TA) program - financed through DFID - Department for International Development, UK - US$37 million equivalent, and counterpart funding of US$1.4 million - designed to address the longer term developmental challenges of policy, regulatory, and institutional reforms, and as well, capacity building of small Industries Development Bank of India (SIDBI), and commercial banks, to support efficient SME financing and business development services.**

NEW DELHI -- A U.S. Government loan guarantee with a cumulative value of $20 million (Rs. 87 crore) was signed with India's YES BANK, Ltd. today. It will spark private lending to small- and medium-sized enterprises that aim to commercialize renewable, efficient energy and water technologies, products and services.

The United States Agency for International Development (USAID) loan guarantee attracts private and public resources to finance underserved segments of the marketplace in target sectors such as clean energy and water. U.S. Embassy Charge d'Affaires Robert Blake presided at the official launch, where USAID India Mission Director George Deikun and YES BANK, Ltd. Chief Executive Officer Rana Kapoor signed the guarantee agreement.

The U.S. guarantee--which covers up to 50 percent of net principal loss in case of default--lowers the risk for YES BANK to invest in small- and medium-scale enterprises. Loans to such businesses are often passed over due to their riskier, nascent nature, according to U.S. Mission Charge d'Affaires Robert Blake.

"This facility unleashes the vitality and creativity of small and medium entrepreneurs to place new products and services in the marketplace that will help secure India's energy future," said Blake.

Cooperation on energy security is a key part of the U.S.-India relationship. "Today's ceremony is another mark of progress in transforming the U.S.-India strategic partnership into a broader, more comprehensive relationship," said Blake.

The public sector is not in a position to provide necessary finances for India's power and other infrastructure needs. Private sources must be attracted to finance sector development, according to Blake.

Technical assistance from USAID India to promising loan candidates will help generate "bankable" proposals for renewable energy, energy efficiency and water conservation projects. The financially backed enterprises will reduce the severe power shortage in India.

"This activity couples environmental protection with economic development. Financially backed enterprises will make good business sense and they will improve people's lives," added USAID India Mission Director George Deikun in his remarks.