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Empower yourself with SBI's Warehouse Receipt Financing Scheme offering secure financing at competitive rates. Get up to 70% of the warehouse receipt value, with no processing charges if you avail the loan. Comprehensive insurance coverage required. Contact SBI today!
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SBI WAREHOUSE RECEIPT financing scheme
Scheme features Security Rate of Interest
Scheme features • Margin – 30% of the value of the warehouse receipt, value at market price as periodically advised by NHBC OR 25% of the MSP declared by State/Central Government whichever is lower. • Eligible Finance- 70% of the value of WHR VALUED AT Market Price or 75% of the minimum support price declared by State/Central Government whichever is lower. • Processing Charges – ‘Nil’ if loan is availed by the customer & Rs.300 per Lac in case the loan is sanctioned but the borrower does not avail • Insurance – Comprehensive insurance to be obtained. Cost to be borne by the warehouse receipt owner/borrower