Every business has its shares of ups and downs. But with SME’s it is all the more unpredictable. And so Financing is always a challenge be it farmers, Agri-traders & processors.
As Yes Bank partnered with CII TechSaksham, it introduced Commodity Finance Against Agricultural Commodity. This helped in offering credit facility to increase the holding capacity of farmers and also offered customized loan products for the purchase of Commercial Vehicles & refinance product for working capital needs.
With simpler assessment and faster turnaround time, and longer tenure of credit facility that can extend upto 11 months, and speedy loan sanction, it gave more power to farm people.
Wide range of commodities like Cereals, Oilseeds, Pulses & Spices financed across 97 locations pan India were covered under this project. The Commodities collected are stored in Government and Private warehouses under the care of professional collateral managers and Regular stock inspections, fumigation and maintenance is done to ensure safekeeping of stocks.
All you have to do is download the App – YES MSME from Google Playstore /Apple Store, on the landing page click on login and follow the instructions to apply for easy hassle free commodity loan.
CII TechSaksham along with yes bank has opened a whole new gateway of easy loans solutions and made life of lots of SME’s a lot easier.
To access these benefits and reach out to TechSaksham partner Yes Bank. Click here