Warehouse Receipt Finance - MSME Loan / SME Loan Scheme | SBI - Business

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.