Warehouse Receipts
Get Instant Finance Against your Stock
SVC Bank caters to the financial needs of those involved in the commodities business, such as farmers, traders, and processors. Some of the benefits of this service are speedy loan sanction, disbursement with minimum documentation and attractive rate of interest. *Conditions Apply
Who can Borrow
Individuals, Partnerships and Ltd. Companies
Type of Loan
Cash Credit
Purpose
Working Capital
Security
Endorsement of WHR in favor of SVC Bank
Pledge of stock and WHR with the Bank
Noting lien of the Bank on the 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
