Maximise the Value of Your Agricultural Produce

Boosting Agri-Businesses with Easy Access to Finance

In India's dynamic agricultural sector, seamless access to finance is vital for farmers, traders, processors and other agri-stakeholders. Finance Against Warehouse Receipts (WHR) is a specialised loan facility that enables businesses to secure funding by pledging warehouse receipts as collateral. With quick disbursals, flexible loan terms and competitive interest rates, South Indian Bank ensures that your agri-business thrives without financial bottlenecks.

Key Features and Benefits

Easy Financing

Flexible Loan Options

Competitive Interest Rates

Wide Eligibility

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Why Choose South Indian Bank?

South Indian Bank, with its strong legacy and customer-first approach, is a trusted financial partner committed to driving growth and prosperity. We support India's agricultural ecosystem with customised financial solutions, we ensure businesses have seamless access to funds. Our Finance Against Warehouse Receipts (WHR) facility offers hassle free approvals, competitive interest rates and flexible repayment options, helping farmers and agri-businesses access liquidity when they need it most. With no additional collateral required, we provide a secure and transparent borrowing experience tailored to your business needs.

What is Finance Against Warehouse Receipts (WHR)?

South Indian Bank offers Finance Against Warehouse Receipts (WHR) to help farmers, traders and agri-businesses avail liquidity from stored agricultural commodities. This facility provides short-term financial support based on warehouse receipts issued by authorised warehouses, including State and Central Warehousing Corporations, TN-Regulated Market Committees, and Empanelled Collateral Managers. Available as Short-Term Loan (STL), Cash Credit (CC) and Working Capital Demand Loan (WCDL), this financing option ensures easy access to funds without the need for additional collateral.

Seamless process - Get quick access to funds by pledging warehouse receipts of agricultural commodities
Loan options to choose from - Choose from Short-Term Loans (STL), Cash Credit (CC) or Working Capital Demand Loans (WCDL) based on your business needs
Attractive interest rates - Save more with low cost financing
Eligibility - Open to farmers, SHGs, FPOs, traders and food processing units for various agri-business needs
No additional collateral - Loans are secured through pledged stock linked to warehouse receipts, eliminating the need for additional security
Flexible loan limits - Avail finance from Rs. 10 lakhs to Rs. 2,500 lakhs, depending on the commodity value
Customised loan tenure - Repayment period of up to 12 months, ensuring smooth cash flow for your business

Feature	Details
Minimum Loan Amount	Rs. 10.00 Lakhs
Maximum Loan Amount	Rs. 2,500.00 Lakhs
Margin Requirement	25% to 40% (depending on the commodity)
Loan Tenure	Up to 12 months
Collateral Security	Not required; loans are secured through the pledge of stocks linked to warehouse receipts
Primary Security	Pledge of underlying stocks for which WHR/ SR has been issued with lien marked in favour of Bank.
Eligible Applicants:	Individual Farmers, SHGs, JLGs (Firms including LLPs) Farmer Producer Organizations (FPOs) Commodity Aggregators Traders Food & Agro-Processing Units

Category	Details
Interest Rates	Check Interest Rates
Other Charges	Processsing fee - 0.50% to 1.50% of loan amount Click here for Service Charges

Applicant Type	Documents Required
Individual Farmers	KYC documents Last 1-year bank statement (if available) Residence proof Land records
Self-Help Groups (SHGs) / Joint Liability Groups (JLGs)	KYC of authorised signatories SHG meeting minutes & attendance register 1-year bank statements
Processors / Traders / Commodity Aggregators	KYC documents Last 1-year bank statements Statutory registration documents Income proof (ITR/AFS) GST/Udyog Aadhaar Registration (if applicable)

Online Application:

Enter your details here and our representative will connect with you.

Offline Application:

Visit Your Nearest Branch – Discuss your business needs with our loan officer. Branch locator
Complete the Application Process – Submit the necessary paperwork for verification.
Approval & Disbursal – Once approved, funds are made available quickly.