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 & Charges For Warehouse Financing

Know the Fees & Charges for Warehouse Financing to understand all costs, ensure transparency, and plan your loan repayment effectively.

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 overdue amount from due date + applicable taxes
On Interest – Up to 2% per month (p.m.) on the overdue 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 after a 7-day grace period if the collateral value <95% + taxes
Prepayment/ Foreclosure Charges
Nil - early repayment without penalties
Other Charges (commission Charges/warehouse Charges)
On actual basis, if applicable (+ applicable taxes)
Duplicate Document Charges
Nil for Statement of Account, Repayment Schedule, Foreclosure Letter, and Welcome Kit
Repayment Instrument Swap Fee
Up to ₹500 + taxes (mainly 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 the auction sale or loan amount, whichever is higher + 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

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.

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