logo
        
  You are here »  Corporate Banking »  Corporate Finance » Warehouse Receipts
If you are interested in opening an account, visit your nearest SVC branch.

Click here to locate your nearest SVC Branch.
Begin the join process!

Click here to download form or pick up a copy at your local SVC branch.
If you cant find what your looking for, just ask us!

Click here to send your query.
 
Warehouse Receipts
 
Warehouse Receipts (WHR) – PLEDGE LOAN / CROP LOAN
Who can Borrow                Individuals, Partnerships, Limited Companies
Type of Loan Cash Credit
Purpose Working Capital
Security
  1. Endorsement of WHR in favor of SVC Bank
  2. Pledge of stock & WHR with the bank
  3. Noting lien of the bank on register maintained by the Godown, wherever applicable. 
Guarantor Personal Guarantee of Directors / Partners
Margin 15% to 25%
Repayment  On demand, renewable at annual interval
Rate of Interest  As applicable from time to time  
  *Conditions Apply

 
 
© 2015 THE SHAMRAO VITHAL CO-OPERATIVE BANK. All rights reserved. Site best viewed in IE 6.0+ in 1024x768 resolution