Home > Services > Financing > Loan Against Commodities
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