The Sell Side - Supply Chain of Top Indian Companies comprises of the
Corporate supplying to Channel Partners for further sale to customers.
Corporates have longstanding relationship with these Channel Partners
and also constitute a major proportion of their overall business
IndusInd Bank provides working capital finance to the Channel Partners of Top Corporates through its Channel Finance Product. Under this solution, IndusInd can structure tailor-made solutions and offer the financing option to Channel Partners based on "Partnership Approach" with Corporate. A Simplified Channel Finance solution is as follows:
Step1: Supply of goods from Corporate to Channel Partner.
Step2: Advise to IndusInd Bank to make payment for the purchase.
Step3: Payment by IndusInd for goods purchased by Channel Partner.
Step4: Repayment by Channel Partner to IndusInd Bank as per facility term
Channel Finance Benefits to Corporate:
Channel Finance Benefits to Channel Partners:
IBL Registration Number NSE: INE231308847
MCX Stock Exchange Limited: INE261314434 for dealing in currency derivatives segment