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Warehouse Receipts
Warehouse Receipts (WHR) – PLEDGE LOAN / CROP LOAN
Who can Borrow                Individuals, Partnerships, Limited Companies
Type of Loan Cash Credit
Purpose Working Capital
  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

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