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Bank of Maharashtra Farmer Warehouse Receipt Loan

A short-term liquidity loan against eligible warehoused or cold-stored produce, sized at 75% of the lower of market price or receipt value and repayable when the produce is sold or within 12 months.

Interest rateUp to ₹10 lakh: current effective 11.50% p.a. Above ₹10 lakh: current effective 12.50% p.a.Maximum finance75% of the lower of market price or warehouse-receipt value; no single rupee cap is published.TenureUntil the produce is sold, subject to a maximum of 12 months.
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Quick eligibility check

Bank of Maharashtra Farmer Warehouse Receipt Loan

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: No salary floor applies?

Published source: Eligibility / value basis

2Do you meet this requirement: The borrower must hold an eligible negotiable warehouse receipt or eNWR?

Published source: Eligibility / value basis

3Do you meet this requirement: finance is based on 75% of the lower of market price or receipt value?

Published source: Eligibility / value basis

4Are you this type of customer: The borrower must be a farmer with an eligible negotiable warehouse receipt or eNWR that can be endorsed to the bank, with the warehouse recording the bank's lien?

5Do you meet this requirement: The loan is valuation- and margin-based?

6Document checkDo you have at least one of these required documents: Negotiable warehouse receipt or eNWR endorsed in favour of the bank?

Published source: Eligibility / value basis

7Document checkDo you have this required document or proof: Warehouse lien acknowledgement?

Published source: Eligibility / value basis

8Document checkDo you have this required document or proof: Land mortgage documents and third-party guarantee with sufficient net worth for loans above ₹25 lakh?

Published source: Eligibility / value basis

9Document checkDo you have this required document or proof: Application and KYC documents required by the bank?

Published source: Eligibility / value basis
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byBank of Maharashtra

India; eligible warehouse or cold-storage receipt required

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeShort-term loan against a negotiable warehouse receipt or eNWR for warehoused or cold-stored produce.View source
The scheme table classifies the facility as an STL and states the receipt types and purpose.
Source
Farmer Warehouse Receipt Loan
Page / section
Type of Facility; Purpose
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateUp to ₹10 lakh: current effective 11.50% p.a. Above ₹10 lakh: current effective 12.50% p.a.View source
The product gives exact one-year +BSS+spread formulas; the current one-year is 9.00%.
Source
Farmer Warehouse Receipt Loan and current notice
Page / section
Rate of Interest; page 1
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkOne-year MCLR 9.00% + BSS 0.50% + 2.00% up to ₹10 lakh, or +3.00% above ₹10 lakh.View source
The current benchmark is combined only with the exact published product spreads.
Source
with effect from 25.07.2026
Page / section
page 1
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNot published.View source
No fee-inclusive is published in the reviewed sources.
Source
Farmer Warehouse Receipt Loan
Page / section
Complete product table and linked current schedules
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Eligibility / value basisNo salary floor applies. The borrower must hold an eligible negotiable warehouse receipt or eNWR; finance is based on 75% of the lower of market price or receipt value.View source
The page uses receipt value and a 25% margin, not income, to size the loan.
Source
Farmer Warehouse Receipt Loan
Page / section
Purpose; Valuation; Margin
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum finance75% of the lower of market price or warehouse-receipt value; no single rupee cap is published.View source
The published 25% margin means bank finance is 75% of the lower valuation base.
Source
Farmer Warehouse Receipt Loan
Page / section
Valuation; Margin
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureUntil the produce is sold, subject to a maximum of 12 months.View source
The loan must be liquidated on sale and cannot exceed 12 months.
Source
Farmer Warehouse Receipt Loan
Page / section
Repayment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeAgriculture short-term/term-loan tariff: nil up to ₹5 lakh; 1% above ₹5 lakh to ₹25 crore.View source
The facility is published as a short-term loan; the current agriculture loan tariff supplies the applicable term-loan slab.
Source
Service Charges - Commercial, and Agriculture Credit
Page / section
Processing Fees - Term Loan: including Agriculture Credit
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment charge2% of the prepaid amount when prepayment exceeds 25% of the sanctioned limit; nil when principal outstanding is below 25% of sanctioned limit; not applicable to Micro and Small Enterprises.View source
The current all-credit term-loan row states the threshold and exemption.
Source
Service Charges - All Credit
Page / section
Prepayment Charges - Term Loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Helps avoid distress sale at harvest
  • Finance follows verified produce value rather than salary
  • Up to 12 months
  • Current effective rates of 11.50% or 12.50% p.a.
  • Negotiable paper and electronic warehouse receipts accepted

Eligibility

  • The borrower must be a farmer with an eligible negotiable warehouse receipt or eNWR that can be endorsed to the bank, with the warehouse recording the bank's lien. The loan is valuation- and margin-based; no salary threshold is used.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Negotiable warehouse receipt or eNWR endorsed in favour of the bank
  • Warehouse lien acknowledgement
  • Land mortgage documents and third-party guarantee with sufficient net worth for loans above ₹25 lakh
  • Application and documents required by the bank

Related official documents

Scheme for Financing against Warehouse Receipts to farmersofficial-product-page · current · accessed 31 Aug 2026
↗
Bank of Maharashtra Service Charges - Commercial, MSME and Agriculture Creditofficial-pdf · current · accessed 31 Aug 2026
↗
Marginal Cost of Funds Based Lending Rates with effect from 25.07.2026official-pdf · current · accessed 31 Aug 2026
↗

Plan before applying

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

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Facility · Published detailShort Term Loan

This value is copied from Farmer Warehouse Receipt Loan - complete published scheme table. Check the table notes before relying on it.

Source: Farmer Warehouse Receipt Loan · Complete scheme table Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 9 rows · 2 columnsFarmer Warehouse Receipt Loan - complete published scheme tableView tableHide table

Scroll sideways to view every column

Farmer Warehouse Receipt Loan - complete published scheme table
ParticularPublished detail
FacilityShort Term Loan
PurposeLiquidity against negotiable warehouse receipts/eNWR for warehouse or cold-storage produce, to avoid distress sale at harvest
ValuationLower of market price or value shown in the warehouse receipt
Margin25% of valuation
RateUp to ₹10 lakh: 1-year +BSS 0.50%+2%; above ₹10 lakh: 1-year +BSS 0.50%+3%
Security up to ₹25 lakhReceipt/eNWR charged and endorsed to the bank; warehouse lien recorded
Security above ₹25 lakhReceipt/eNWR charge and warehouse lien plus land mortgage and sufficient-net-worth third-party guarantee
RepaymentOn sale of produce, not exceeding 12 months
ConditionNegotiable warehouse receipt/eNWR must be duly endorsed to the bank
Farmer Warehouse Receipt Loan · Complete scheme table · accessed 31 Aug 2026Open official source ↗
Table 2 · 5 rows · 3 columnsBank of Maharashtra MCLR effective 25 July 2026View tableHide table

Scroll sideways to view every column

Bank of Maharashtra MCLR effective 25 July 2026
TenorResidual maturity p.a.
Overnight1 day7.30%
One monthMore than 1 day to 1 month8.30%
Three monthsMore than 1 month to 3 months8.55%
Six monthsMore than 3 months to 6 months8.90%
One yearMore than 6 months9.00%
with effect from 25.07.2026 · page 1 · accessed 31 Aug 2026Open official source ↗
Table 3 · 7 rows · 3 columnsCurrent agriculture term-loan processing and prepayment chargesView tableHide table

Scroll sideways to view every column

Current agriculture term-loan processing and prepayment charges
ChargeLimit / conditionPublished charge
Processing feeUp to ₹5 lakhNil
Processing feeAbove ₹5 lakh to ₹25 crore1%
Processing feeAbove ₹25 crore to ₹100 crore0.80%
Processing feeAbove ₹100 crore to ₹500 crore0.70%
Term-loan prepaymentPrepayment exceeds 25% of sanctioned limit2% of prepaid amount
Term-loan prepaymentPrincipal outstanding below 25% of sanctioned limitNil
Term-loan prepaymentMicro and Small EnterpriseNot applicable
Service Charges - Commercial, and Agriculture Credit · Processing Fees - Term Loan; All Credit - Prepayment Charges · accessed 31 Aug 2026Open official source ↗

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