Name: Warehouse Finance Loan
Brand: L&T Finance
Rating: 5 (10 reviews)

Grow your business faster by availing a loan on your agricultural commodities to support your working capital needs with our Warehouse Receipt Finance. This financing solution offers loans up to ₹ 10 crore with a tenure of up to 11 months to farmers, traders, and processors. Get faster loan sanctioning, paperless documentation, and partial release options. Our simple application process and minimal documentation ensure speedy approval and quick fund disbursals.

Features & Benefits
Documentation
Eligibility
Fees & Charges
Frequently Asked Questions

Comprehensive Loans

Providing financing options that range from ₹ 1 lakh* to ₹ 10 crore*

Fast Loan Sanction

Efficient financing process with quick approval within 48 hours*

Hassle-free Disbursement

Loan amounts are disbursed within 30 minutes*, ensuring rapid access to funds.

Repayment Options

Flexible repayment period for up to 11 months

Loan Tenure

Loan tenures of up to 11 months to suit your business needs

Limit Enhancement

Access top up options on your existing facility for additional funding

Eligibility & Documents

Eligibility

Age Criteria:

21 years to 70 years

Land Ownership:

Farmer - Minimum 1 acre agricultural land
Trader and Processor - Nil

Amount:

Farmer - 1 Lakh to 50 Lakh
Trader - 10 Lakh to 5 Crore
Processor - 50 Lakh to 10 Crore

Documents

Identity Proof:

PAN and any one of the following- Aadhaar Card| Driving License | Passport | Voter ID | Job card by NREGA | Letter issued by the National Population Register containing details of name and address

Address Proof:

Utility bills (not older than 2 months) | Aadhaar Card | Driving License | Passport | Voter ID etc

Fees And Charges

List of all fees and charges for Warehouse Receipt Finance

Processing Fee:
Up to 1% of loan amount + applicable taxes
EMI Dishonour/Bounce Charge*
*A bounce charge is a charge for
(i) dishonour of any repayment instrument; or
(ii) non-payment of instalment(s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandate
As shown in the table below

Loan sanction amount (in INR)

Charges in (in INR)

< 5 lacs

₹ 500

5 – 50 Lacs

₹ 1000

>50 Lacs – 2 Cr

₹ 1500

>2 Cr

₹ 2000

Penal Charge/Late Payment Charge (LPC):
On Principal Up to 2% per month (p.m.) on the outstanding amount from due date + applicable taxes
On Interest Up to 2% per month (p.m.) on the outstanding amount from the interest due date (to be calculated after a grace period of 7 days from the due date) + applicable taxes
Documentation and repayment setup fee
Up to Rs. 2,000/- + applicable taxes
Mark to Market Charges
Up to 1% additional for the number of days after the grace period of 7 days for any Mark to Market less than 95% (+ applicable taxes)
Prepayment/ Foreclosure Charges
Nil
Other Charges (commission Charges/warehouse Charges)
On actual basis, if applicable (+ applicable taxes)
Charges for documents like Statement of Account/ Repayment Schedule/Foreclosure Letter & Welcome Kit
Nil
Document retrieval / Duplicate NOC charges
Duplicate NOC: NIL
Repayment instrument swap fee (per swap)
Up to Rs.500/- + applicable taxes (Applicable only for branch walk-ins)
Legal fees and charges
As per actuals or Up to Rs. 50,000/- whichever is lower + applicable taxes
Recovery charges
As per actuals or Up to Rs. 1,00,000/- whichever is lower + applicable taxes
Auction fees
Up to 3% of auction sale / loan amount whichever is higher + applicable taxes

Seamless Loans, Simplified Experience

Download the Planet app for a one stop loan solution with effortless management at your fingertips. Learn More

How to Apply

Apply for Warehouse Receipt Finance with these steps

FAQs & Support

View all

How long does it take to process a Warehouse Receipt Finance?

L&T Finance offers fastest sanctions in the industry for Warehouse Receipt Financing.

What is a Warehouse Receipt Finance?

Warehouse Receipt Finance (WRF) loans are Short Term Facility extended to Farmers, Traders and Processors. It is a funding against agri commodities kept in approved warehouses managed by empanelled Collateral Management agencies.

Can I prepay my Warehouse Receipt Finance?

Yes, you can prepay your Warehouse Receipt Finance before the end of its tenure. There is no Pre payment charges applicable for early repayment

What is the interest charged on a Warehouse Receipt Finance?

The interest rate for Warehouse Receipt Finances under L&T Finance is competitive, depending on the type of warehouse financing, the value of the collateral, and the borrower’s credit profile. The specific rate will be provided during the loan approval process.

What are the documents required for a Warehouse Receipt Finance?

The documents required for Warehouse Receipt Finance are as follows:

ID Proof: Aadhaar Card, PAN Card
Address Proof: Aadhaar, Voter ID, Driving Licence, Passport, NREGA Job Card
Income Assessment: Based on income capacity
Land Ownership Documents: 7/12 extract, Khata, Khasra, Khatuni, lease proof
Trader/Processor Documents: GST returns, Income Tax returns / Balance Sheet / Bank Statement
Partnership/LLP Documents/Private Limited: Shareholding pattern, MOA, AOA, board resolution

What is the difference between Warehouse Receipt Financing and Warehouse Finance?

Warehouse Receipt Based Finance is the term used for funding against agri commodities kept in approved warehouses managed by empanelled Collateral Management agencies.
Warehouse Finance is securing funds for construction of warehouse or expanding warehouse facilities. A broader term that may include various types of loans and credit facilities secured by hypothecation of warehouse land & property.

How long does it take to process a warehouse receipt loan?

Loan processing is quick at L&T Finance. You can get loan approval within 48 hours* and the loan will be disbursed within 30 minutes* thereafter.

Is warehouse receipt financing only for agricultural products?

While primarily for agricultural produce, we also accept non-agricultural goods as collateral in some cases.

Will there be a processing fee for Warehouse Financing?

Yes, a processing fee of upto 0.50% on loan amount + applicable taxes is charged for warehouse financing.

Is warehouse receipt financing available across India?

Yes, we offer this facility nationwide, subject to warehousing certifications.

Explore all FAQs

Farmer Loan

I am engaged in farming and a small dairy business. When I explored financing options, the interest rates in the market were too high. With a quick home inspection and property mortgage, I secured a loan at a competitive interest rate. The process was straightforward, and funds were disbursed quickly.

Bharatbhai Chavda

Dessa, Gujarat

Farmer Loan

My friend recommended LTF since they provide tractor loans at a lower interest rate than others, the loan process is simple, no physical documentation is required, payment was deposited the same day and I received the tractor within a week. My agricultural business has really improved thanks to the LTF.

Narayana G

Telangana

Farmer Loan

L&T Finance has supported me as a farmer since 2014, helping me finance two tractors and essential equipment. With flexible, crop-based repayments and easy EMI tracking on the PLANET App, my life has been easy. L&T Finance truly empowers us to grow better and manage finances seamlessly.

Satish Hisar

Beri, Haryana

Farmer Loan

As a third-generation farmer, owning a tractor with L&T Finance's support has transformed our work. The fully digital process made it easy, with swift disbursement and flexible repayment options like EMI Protect. Now, our costs are lower, and farming is efficient. Truly, L&T Finance supports farmer prosperity.

Hardeep Soora

Hisar, Haryana

Farmer Loan

In today's world the cash flow is too quick. L&T Finance executive gave the proposal and it was doorstep financing along with end to end digital process. With minimal documentation, I received swift approval and disbursement.

Suyash Agrawal

Seoni, Madhya Pradesh

Farmer Loan

When I decided to buy a tractor, I spoke to the L&T Finance official. After all the documentation, I got approval of my loan with 2-3 days. I didn’t have to go anywhere and yet my loan got sanctioned.

Bherulal Chaudhary

Ratlam, MP

Farmer Loan

The L&T Finance officer came home and did all the application formalities online and instantly got approval for the loan. Our EMI is in accordance with our harvesting cycle. They gave us the best interest rate and fulfilled our financing requirements.

Mr. Balu Hari Pawar

Maharashtra