दि. जालना पिपल्स को-ऑप बँक लि. जालना (The Jalna People's Co-Op Bank Ltd)

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Advance Against Warehouse Receipts

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Advance Against Warehouse Receipts

Short-term finance against commodities stored in certified warehouses.

Purpose

Finance facility for businesses and traders against warehouse receipts of stored commodities.

Eligibility
  • Proprietorship, Partnership, LLP, or Company
  • Ownership of stored commodities
  • Warehouse receipts from certified warehouses
Interest Rate

11.50% (2% Extra Penal Interest)

Guarantor

No guarantor required.

Security

Pledge of warehouse receipts.

Document Checklist
  • Identity proof
  • Address proof
  • Business registration proof
  • Original warehouse receipts
  • KYC documents