FEATURES

Features


  • Covers a wide range of 45 commodities, including rice, paddy, wheat, mustard, etc.
  • Also available against soybean, cotton, and other grains, cereals, oilseeds, and pulses
  • Stock management through empanelled Collateral Managers of HDFC Bank
  • Affordable interest rates and charges
  • Commodities can be stocked in multiple godowns , including government, exchange approved and regulated warehouses basis Bank approval
  • Stock insurance cover for fire and burglary
  • Featured with 1st ever mobile application for pledge transactions
  • Part repayment option available

Eligible applicants


All type of Traders, Processors and farmers storing bank approved commodities  in bank approved warehouses.

Benefits


  • Easy Auto Digital documentation enabled with e -Signature
  • Simplified Sanction up to Rs 5 Cr Loan Amount
  • Real-time online storage receipts (SR) intimation on the mobile app
  • On-screen commodity funding price and margin during disbursement
  • Initiate digital disbursement and repayment requests on the go
  • Check instant disbursement amount on the app through the auto valuation of commodity
  • Insta pledge loan credit

Just click the below link to see HDFC Bank Mobile Journey

Checkout & Share Warehouse Commodity Finance Video:​​​​​​​
​​​​​​​https://www.youtube.com/watch?v=Tce6JD9cvYE

Documentation required



  • Duly filled in the application form
  • Latest Financial Statement for last 2 years / Copy of Land record (in case of Farmers) 
  • One  year bank statement
  • Copy of KYC - Know your customer –  
      - Address Proof: Voter ID Card/ Electricity Bill/ Telephone Bill/ Bank Passbook/ Passport/ Ration Card/ Aadhar card
    -  Photo ID/Signature Proof: PAN Card/Voter ID/Bank Passbook/Driving License
  • Any other document as may be required
  • All documents should be self-attested by the applicant/borrower.

Salient features


  • Secured authentication and login process
  • Apply Pledge Loan Against Warehouse Receipt
  • Initiate loan repayment and stock release
  • Initiate warehouse addition request
  • OTP-based approvals provide high security to transactions
  • View Margin /M2M calls for the stock
  • Download historical loan statements
  • View real-time loan outstanding details

Click here to download the app 

For any queries, please contact the nearest branch
(Ask for any Relationship Manager for BBG/RBG/EEG)