For a small or medium business, the right finance at the right time is an essential growth requirement. At Ratnakar Bank, we understand these needs and our team of expert professionals provide customised tailor made business solutions to meet your short term business needs or long term expansion plans. Our timely finance and advice will help you scale new heights and reach your desired destination.
Our services range from Fund based to Non-Fund based, from Short Term to Long Term finance, trade & cash management products that are best suited to your business.

Cash Credit We provide Cash Credit facilities for your working capital needs. Cash Credit is offered against security of stock, debtors, etc., and/or additional security of movable fixed assets, immovable property, personal or corporate guarantee liquid securities etc. It is for a period of 1 year. Renewal is done annually. Interest is computed on the utilized amount and not on the sanctioned drawing limits.

Short Term Loan We offer short term loan facilities for the urgent needs of your business which may include among other things, an unforeseen opportunity for business expansions. Temporary overdraft can also be granted to meet the sudden cash crunch or bridge the gaps in the cash flow mismatches.

Term Loan At Ratnakar Bank, we understand that your growing business requires higher capital expenditure for capacity expansions, asset acquisition etc. We offer customised term loans with flexible installment options and a range of repayment tenure as per your choice, based on our assessment of such expansion programmes.

Working Capital Demand Loan We also provide working capital facilities in the form of Working Capital Demand Loan instead of cash credit facility depending on needs of the business.

Trade Finance We provide all your trade finance requirements under various products as mentioned below

• Exports: Packing Credit, Export Bills Collection / Discounting / Negotiation / Purchase / Rupee Advance, Export LC advising and Advance remittance against exports.
• Imports: Import Letter of Credit, Import bill Collections / Direct Bills / Advance Remittance against Imports, Buyer's Credit / Supplier's Credit.
• Remittances - Foreign: Inward and Outward Remittances, Cheque Collection / Purchase, Demand Draft.
• Inland Products: Letter of Credit, Bank Guarantee, Bills Discounting / Purchase under LC / Non-LC, Bills for Collection.
• Others: Foreign Bank Guarantees, Forward Contracts, EEFC accounts.

USD NOSTRO ACCOUNT NAME OF THE BANK: WELLS FARGO BANK N.A., ACCOUNT NO: 2000191007114, SWIFT BIC: PNBPUS3NNYC, CURRENCY: US DOLLARS, RATNAKAR BANK’S SWIFT BIC: RATNINBB
USD NOSTRO ACCOUNT NAME OF THE BANK : STANDARD CHARTERED BANK, NEW YORK ACCOUNT NO: 3582-026450-001 SWIFT BIC: SCBLUS33 CURRENCY: USD RATNAKAR BANK'S SWIFT BIC: RATNINBB
EUR NOSTRO ACCOUNT NAME OF THE BANK: STANDARD CHARTERED BANK, FRANKFURT, ACCOUNT NO: 018301701 SWIFT BIC: SCBLDEFX CURRENCY: EURO RATNAKAR BANK'S SWIFT BIC: RATNINBB
GBP NOSTRO ACCOUNT NAME OF THE BANK: STANDARD CHARTERED BANK, LONDON,U.K. ACCOUNT NO: 01266456901 IBAN-GB59 SCBL 6091 0412 6645 69 SWIFT BIC: SCBLGB2L CURRENCY: GBP RATNAKAR BANK'S SWIFT BIC: RATNINBB

Structured Finance The Structured Finance team can assist with finding and executing bespoke solutions where standard banking products cannot fully service clients' requirements. These structured offerings may include mezzanine funding, financing special situations, asset backed loans, hybrid instruments or a combination of these and other products. The bank can provide financing from its own balance sheet which may be supplemented by market syndication for larger requirements.