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The Distributor card is a credit card given by HDFC Bank to corporates to give to specific distributors to facilitate easy and convenient payments to the corporate. It eliminates the use of cheques and cash and speeds up the turnaround time of transactions. It helps corporates receive their payment quickly and offers distributors the chance to receive their goods without delay.
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Distributor Card Benefits
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Benefits to Corporate
- Increases distributor's appetite for the Corporate's products.
- Shorter working capital cycle and improved cash flow management
- Removal of cheque and cash payments and consequent problems for Corporates
- Easy reconciliation of transactions
- Helps quick delivery of goods or services
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Benefits to Distributor
- Increases distributor's appetite for goods owing to easy payment option
- Attractive finance charges and interest free credit periods.
- Flexibility of scheduling payments: part payment, pre-payment and post-payments possible.
- Reduces operational hassles in processing and reconciling transactions.
- Reduces time for procurement of goods
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For further details: Please write to us at corporateassist@hdfcbank.com
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