Warehouse Receipt Finance - MSME Loan / SME Loan Scheme | SBI - Business
Warehouse Receipt Finance
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Purpose
Extending finance to traders/owners of goods/manufacturers/processors against Warehouse Receipts issued by Collateral Managers (C.M) with whom we have tie-up (presently NBHC, Star Agri, Sohanlal Commodity Management Private Limited, LTC Commercial Company Pvt Limited and eNWR).
Features : Simplified documentation, Competitive Pricing
- Target Group : Traders/owners of goods/Processors/Manufacturers
- Facilities Available : Cash Credit facility (for limits of Rs.1 cr. and above) / Working Capital Demand Loan and Revolving Demand Loan.
- Quantum of loan
- Pricing :
- Attractive interest rates based on scheme specific rating/external rating or as per extant guidelines of the bank.
- EBR (Linked to Repo Rate and Currently EBR is Repo Rate + 2.65%) linked (For MSMEs) & 6 months MCLR linked (Non MSMEs)
- Borrower’s Margin / Contribution : 25% to 35% of market price
- Repayment Period
- Maximum 12 months or expiry date of receipt or when the stock is liquidated, whichever is earlier.
- Processing Fee/ Upfront Fee : Nil upto loan amount of Rs. 1 Cr, thereafter 0.1% p.a (maximum Rs. 3 Lakhs)
- Other Charges
- Special Feature
- Simplified Documentation, attractive pricing.
Eligibility Criteria
- Traders/owners of goods/manufacturers for own processing against WHR issued by CM/CWC/SWC.
Security
- Primary - Pledge / Hypothecation of underlying stocks for which WHR has been issued by the Collateral Manager / CWC / SWC, with lien marked in favour of Bank.
- Collateral - Personal Guarantee of partners / directors, wherever applicable.
Last Updated On : Thursday, 08-02-2024

Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
SME Loans
Limited Time Offers - Unlimited Joy

Criteria
- Features
- Eligibility
- Terms and Conditions

Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above