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Loan Against Commodities

Overview

Find the best loans against commodities stored in warehouses, at attractive interest rates, with speedy processing. These loans are available against following AgriCommodities:

  • Chana
  • Wheat
  • Jeera
  • Castorseed
  • Coriander (Dhaniya)
  • Guar / Guargum

SMC Offerings

  • Suitable for commodity traders, processors and aggregators
  • Limit: 50% – 75% of value of commodity (max Rs. 10 Crore per borrower)
  • Tenure: Up to 1 month prior to validity date (max. 12 months)

WHY SMC?

  • No hidden charges
  • No EMI (Flexibility in tenure and repayment options)
  • Quick turn-around time
  • Flexibility in tenure and repayment options
  • Interest rates are levied on daily reducing balance method
  • Seamless deliveries of funded stock on exchange platform