• Business Banking
  • Loans
  • Pledge

Pledge

  • Exporters can get loan keeping their agricultural products as pledge in bank.
  • Rice, variety of beans and sesame can be set as pledged for loan.



Pledge

  • Exporters can get loan keeping their agricultural products as pledge in bank.
  • Rice, variety of beans and sesame can be set as pledged for loan.
  • It is granted up to 60% assessed by crop appraiser.
  • Loan is granted only after receiving goods in hand.
  • Customer is to pay warehouse charges for keeping crops into the warehouse of bank.
  • It kept only in the warehouse of customer, it shall not be withdrawn without any consent of bank and warehouse cannot be opened/ closed. Keys of warehouse shall be kept by bank, (or) it shall be closed with the lock of bank.