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Commodity Power

Commodity Power loans (short term loan or CC) are provided against the pledge of warehouse receipts issued by the following warehouses:

  1. CWC or SWC warehouses
  2. Other licensed warehouses, cold storages

Eligibility

Farmer, Trader, Agri-input dealer who is:

  • The original depositor of the goods and
  • Not a defaulter to any bank or financial institution

Loan Amount

Value of commodity minus Commodity specific Margin amount (ranging from 25% to 40% depending on the volatility of the commodity).

The maximum loan amount shall be:

  • Farmer : Rs 10 lacs
  • Agri-Input Dealers : Rs 1 crore
  • Trader : Rs 5 crores

Sanctioning

  • Your loan will be sanctioned on completion of all the documents
  • You shall be required to fill the loan agreement and complete the account opening formalities

Disbursement

Crediting your account with us.

For further information, please contact the nearest branch.