Not for profit, for helping.
Bharat bank provides Extensive range of trade services . Tailor made solutions for all your trading needs . We aim to increase the efficiency of the entire cycle, ensuring that transactions are executed effectively.
Bharat Bank issues various types of guarantees Performance, Secured, financial etc. for its customers. For your various business obligations, we stand by you as Surety and offer Guarantees on your behalf in local and foreign currency for approved purposes, within regulations and thus help fulfil your business requirement. We bring you the best possible solution in the least time and at the competitive charges. For more information visit your nearest branch.
Facilities that are customized to suit your requirement for short-term finance, from the date of sale to date of receipt of payment thereof. Our processes are simple, allowing you to establish single window contact with dedicated personnel at any of our branches as per your convenience.
For more information visit your nearest branch.
Bharat Bank provides Letter of Credit facility for its customers to meet their trade purchases. These are generally provided for 3 to 6 months, depending upon your trade cycle. Apart from this, we provide Import Letter of Credit for importing machinery or capital goods. Such Letters of Credit are for a tenure ranging from 1 to 3 years depending upon the tenure.
In a business cycle, as a buyer you need to pay for your purchases in international and domestic markets. Our letter of credit helps you to facilitate purchase of goods in international and domestic trading operations.
Letter of credit is an undertaking by a bank (opening / issuing bank) to the seller (beneficiary) on behalf of the buyer (applicant) to pay a certain amount if documents are presented conforming to terms of the letter of credit within a stipulated time period. We have dedicated Trade Finance Desks which are well equipped to handle such transactions. For more information visit your nearest branch.