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Finance Against Pledge Of Warehouse Receipts (Whr)
For Financing against pledge of Electronic Negotiable Warehouse (e-NWR)/ Negotiable Warehouse Receipts (NWR) issued by-
- Repositories (approved by WDRA) for stocks/goods stored in WDRA accredited Warehouses/Cold Storages or EWR issued by accredited Warehouses/Cold Storages
- Central Ware house Corporation (CWC) or State Ware house Corporation (SWC).
Quantum of finance
- Finance upto Rs.75 lacs available for accredited Cold Storge, warehouses
Finance Against Pledge Of Warehouse Receipts (Whr)
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
Finance Against Pledge Of Warehouse Receipts (Whr)
- 30% of the market value of the farm produce or value mentioned in e-NWR/NWR, whichever is lower (For WDRA accredited Cold Storge, warehouses)
TAT
| UPTO RS.160000/- | ABOVE RS.160000/- |
|---|---|
| 7 business days | 14 business days |
* TAT will be counted from the date of receipt of Application (complete in all respects)
Finance Against Pledge Of Warehouse Receipts (Whr)
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
Finance Against Pledge Of Warehouse Receipts (Whr)
Individual farmers (owner/tenant farmer & Share cropper), FPO/ FPC and JLG engaged in production activities, group of farmers engaged in production of crops. Farmers enjoying KCC facility as well as non-borrower farmers are eligible.
Security
Warehouse receipts to be pledged
Finance Against Pledge Of Warehouse Receipts (Whr)
*Terms & Conditions apply. For further details, Please contact your Nearest Branch
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