Loans

Ware House Receipt Loan

Bank offers Warehouse Receipt Loans - a unique customer-friendly, credit line facility, that finances pledged stocks of agro commodities. The Agriculture Loans such as Warehouse Receipt Loans help avoid distress sales at the time of harvest and also help processors meet their working capital requirement while providing finance for a plethora of agro commodities. Visit your nearest VCBL branch to know more about Warehouse Receipt Loans.

Food and Agro based processing unit using agriculture commodities as raw material, Proprietorship concerns/partnership firms/ corporate/individuals trading in agricultural commodity and Arthiyas in rural and semi urban areas.

Approved warehouses:

Centralware housing corporation(CWC), state warehousing corporation(SWC) and other godowns managed by the Collateral Management Agencies (CMA)

Security

• Pledge of warehouse Receipts of approved warehouses.
  COMMODITIES APPROVED	(In %)
  Wheat, Rice (Common), Rice (Fine), Paddy (Common), Paddy (Fine), Paddy(Super Fine/Basmati), Soyabean, Cotton Bales-Medium Staple, Cotton bales-Long Staple, Rubber, Sesame seed, Castor seed	25
  Masur, Masur dal, Maize, Gram, Chana dal, Cotton Seed, Tur, Tur dal, Urad, Moong, Groundnut Seed (Kernels), Ground nut in shell, Black pepper, Mustard, Sunflower, Jaggery, Guar seed, Guar gum, Cotton seed oilcake, Ground nut oilcake, Mustard oil cake, Soya oilcake, Yellow peas, Bajra, Jowar, Jeera, Jute	30
  Turmeric, Lin seed (Alsi), Chillies, Ajwain, Psyllium(Isabgul), Methi Seeds,Tamarind	35