STATE BANK OF INDIA (Supply Chain Finance)
Electronic Vendor Financing Scheme (e-VFS ) and Electronic Dealer Financing Scheme (e-DFS)
State Bank of India introduces Supply Chain Finance by leveraging its state of the art technology for the convenience of the customers. SCF will strengthen the relationship of SBI with the Corporate World by financing their supply chain partners.
Under Supply Chain Finance Unit we have established an online platform for financing the Supply Chain partners of various reputed Corporate. The online platform can be accessed through Online SBI portal: https://www.onlinesbi.com/vfim/login.htm
A Web based platform which:
We offer two products on the supply chain to cater to the needs of both vendors and dealers:
All our product offerings under Channel Finance are designed to ensure efficient management of working capital cycle and sustained growth and profitability of business partners.
BENEFITS ACROSS THE SUPPLY CHAIN:
|Reduce the cost of goods purchased||Reduce the cost of capital through improved Days Sales Outstanding (DSO) and lower finance costs.||Build stronger, collaborative relationships with customers.|
|Reduce working capital requirements through improved Days Payable Outstanding (DPO)||Generate flexible, predictable cash flow||Enhance customer retention|
|Enjoy a more stable supply base||Gain access to low-cost finance rates.||Increase bottom line by supporting customers’ entire supply chain from end to end.|
For any query write to us at: