Non-Funded Services On Offer

HDFC Bank's Non-Funded Services include Bank Guarantees and Letters of Credit. These services support businesses by providing assurance to third parties. Bank Guarantees ensure the bank covers obligations if the customer defaults, enhancing credibility in transactions. Letters of Credit facilitate trade by guaranteeing payment to suppliers upon meeting specific terms, minimising risks in international and domestic trade. These services help businesses manage cash flow efficiently without immediate funding, fostering trust and financial security in commercial operations.