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Warehouse Receipt Finance
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Agriculture Finance  -  Warehouse Receipt Finance

Agri > Short Term Loans > Warehouse Receipt Finance

Agriculture Finance - Warehouse Receipt Finance


The Bank extends financial assistance to farmers, partnership firms and limited companies against pledge of agricultural commodities. Farmers who want to store their produce in warehouses to avoid distress sale immediately after harvest, Processors/ Traders who want to procure large quantities of produce during the season and process / sell over a period of time and Large processors who wish to store required quantity of commodity for future processing by contracting with sellers can benefit from the scheme.




Who is eligible for the Loan?

Individual farmers, Partnerships, Limited Companies.




Eligible Commodity

Soya bean, Cotton (including bales), Mustard, Maize, Wheat, Sugar, Paddy, Cashew, Castor, Chilli and Turmeric only.




Loan Amount

  • Bullet Farmer: Min Rs. 25,000 and Max Rs. 10 lacs
  • Bullet Traders: Min Rs. 25,000 and Max Rs. 5 Crores
  • Bullet Processor: Min Rs. 10 lacs and Max Rs. 100 Crores




Tenor

Maximum of 12 months from the date lodging commodities or shelf life of the product.

Click here to download Application Form.

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