Loan Against Electronic Warehouse Receipts of Agricultural Commodities.
- Documents Required
- Rates & Interest
- Best suitable for short term fund needs.
- Loan amount up to 70 % of the value of goods pledged/covered by the warehouse receipt, upto maximum amount of Rs 25 crores.
- Minimal paperwork
- Hassle free processing
- No hidden charges or heavy penalties
- No collateral security needed
- Repayment can be done as Lump sum
- Loan can be availed as demand loan or cash credit
- Primary Security of the loan will be Pledge of warehouse receipts/Storage Receipts issued by State/Central Ware Housing Corporations or approved Collateral Managers
- Loan period will be up to 12 months
Who can apply?
- National Bulk Handling Corporation (NBHC)
- National Collateral Management Services Ltd (NCML)
- Edelweiss Agri Value Chain Ltd (formerly Edelweiss Integrated Commodity Management Ltd (EICML))
- Staragri Warehousing & Collateral Management Ltd
- Shree Shubham Logistics Ltd, LTC Commercial Co Pvt Ltd
- Navjyoti Commodity Management Services Ltd)
How to avail the loan?
To avail the loan, Please visit any of our branches
- Proof of Identity (Passport / Voters ID card/ Driving License/PAN Card).
- Recent Passport size photograph.
- Address Proof (Ration card Tel/ Electricity Bill/ Lease agreement/Passport/Trade license /Sales Tax certificate).
- Proof of Warehouse receipts
Please refer rates & charges page for details