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Purpose
|
* To provide finance against warehouse / cold storage receipt |
|
Eligibility |
• Farmers, Processors, Arthiyas, Traders and Food and Agro based Processing units, manufacturers of fertilizers |
|
Facility: |
* TL |
| Max Finance | * Prevailing Market Price/value as per WHR less margin money OR MSP wherever fixed less 25% margin whichever is lower |
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Margin
|
* 35% on MV or 20% on MSP. |
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Interest Rate
|
* Attractive rate of interest based on RBLR. |
|
Loan Terms: |
* 12 months / due date of WHR whichever is earlier. |
