Helping millions of Indian farmers benefit from our schemes.


Bank of Baroda, for rural India, with rural India.

Warehouse Receipt Financing

  • Benefits
  • Eligibility Criteria
  • Features
  • Document Required
  • Fees & Charges
  • Most Important Terms and Conditions (MITC)

Warehouse Receipt Financing : Benefits

  • Physical Warehouse Receipts issued by State/Central Warehouse.
  • E-NWRs (Electronic Negotiable Warehouse Receipts) Issued by repositories identified by WDRA (Warehousing Development Regulatory Authority) i.e NERL (National E-Repository Limited) & CCRL (CDSL Commodity Repository Limited) at present.
  • Warehouse/Storage Receipts issued by our empanelled collateral managers (CMs) under tie up arrangement with our Bank, only for financing limits on regular and standalone basis to Food & Agro Processing units enjoying credit facility with bank.

Warehouse Receipts issued by Private Registered Warehouses/ Cold storage

Warehouse Receipt Financing : Eligibility Criteria

Loans to individual farmers (including SHGs, JLGs, Group of Individual Farmers, Proprietorship Firms of farmers, Corporate farmers, Farmers Producers Organizations, Partnership Firms and cooperatives of farmers directly engaged in Agriculture and Allied Activities, Up to Rs 50 Lakhs (For loans against NWRs/e-NWRs is Rs 75 lakh per borrower) against pledge /Hypothecation of agriculture produce (including warehouse receipts) for a period not exceeding 12 months.

Warehouse Receipt Financing : Features

  • Nature of Facility: Demand Loan in case of Farmers
  • Cash Credit Pledge in case of Food & Agro Processing Units

Warehouse Receipt Financing : Document Required

  • Application form for demand loan against pledge of warehouse receipt
  • KYC Documents (AADHAR, Voter ID, PAN Card, Driving License etc.)
  • Passport Size photo
  • Land Records
  • IT Return

Warehouse Receipts in original duly discharged and assigned in Bank’s favor. In case of eNWRs copy of eNWRs duly lien marked in favor of the Bank

Warehouse Receipt Financing : Fees & Charges

As per Bank’s Guidelines

Warehouse Receipt Financing : Most Important Terms and Conditions (MITC)

Quantum of Loan Upto Rs 50 Lakhs (For loans against NWRs/e-NWRs is Rs 75 lakh per borrower) against pledge /Hypothecation of agriculture produce (including warehouse receipts) for a period not exceeding 12 months.
Margin Minimum of 30%
Nature Of Facility Nature of Facility: Demand Loan in case of Farmers Cash Credit Pledge in case of Food & Agro Processing Units
Rate of interest MCLR + SP+ 0.25%
Tenor of Loan Maximum 12 Months
Processing Charges As per Bank’s Guidelines
Security Pledge of Agricultural Commodity and duly discharged/ Lien marked warehouse receipts.

Note : The Bank may use the services of agents in sales/marketing etc. of its various products

Frequently Asked Questions (FAQs)

  • What is warehouse receipt financing?

    Warehouse Receipt Financing received by the farmers after pledging their agriculture produce or commodities.

  • What are the steps of warehouse receipt financing process?

    Following are the steps:

    • Farmer has to submit an application for sanctioning of WHR loan before the commodity arrival season, in the nearest Branch and get the loan sanctioned.
    • The farmer (borrower) deposits the commodity in the proposed warehouse and submits e-WHR
    • Then, the branch will disburse the loan amount after deducting the margin.
  • What is the maximum loan against warehouse receipt?

    There are two kinds of consumers, who are eligible for warehouse receipt financing.

    • For individual farmers: Rs 50 against WHRs and Rs.75 lakh against NWRs/ e-NWRs.
    • Food & Agro processing units banking with us: Aggregate sanctioned limit up to Rs.100 crores (including the proposed WHR limit) from the entire banking system.
  • What is the interest rate for warehouse receipt loan in India?

    The interest rate for warehouse receipt financing in India is 1-year MCLR +SP +0.25%.

Add this website to home screen

Are you Bank of Baroda Customer?

This is to inform you that by clicking on continue, you will be leaving our website and entering the website/Microsite operated by Insurance tie up partner. This link is provided on our Bank’s website for customer convenience and Bank of Baroda does not own or control of this website, and is not responsible for its contents. The Website/Microsite is fully owned & Maintained by Insurance tie up partner.


The use of any of the Insurance’s tie up partners website is subject to the terms of use and other terms and guidelines, if any, contained within tie up partners website.


Proceed to the website


Thank you for visiting www.bankofbaroda.in

X
We use cookies (and similar tools) to enhance your experience on our website. To learn more on our cookie policy, Privacy Policy and Terms & Conditions please click here. By continuing to browse this website, you consent to our use of cookies and agree to the Privacy Policy and Terms & Conditions.