India was mainly an agricultural economy, and even today the agricultural production and trading comprise a sizable percentage of our economy. Many of our industries are also based on agricultural raw materials. Agriculture being a seasonal business there are times you need to keep extra stocks so that there is material ready as and when you require it. Also there are always chances of increase in price, so keeping higher stocks can make a lot of sense. But to keep higher stocks you need to have cash so that you can buy more stocks.

We can arrange for loans against the pledge of stocks of agricultural commodity held by you. This will not require any collateral. All you need to do is pledge your existing stock and avail of ready finance. You can repay the loan anytime to release the stocks even in parts. Further you can set up a limit and draw or repay as per your business demands.

Any business having agricultural stocks of over 50 lacs can avail of this facility.