• Processing fees: up to 1% of processing fees to be charged on every disbursement as agreed by the customer.

• Collateral Management charges: Maximum of Rs. 35,000 per month or 1% per annum of the total o/s (whichever is higher) towards commodity monitoring charges as applicable for private warehouses.

Other Charges

Other charges including but not limited to statutory charges, such as stamp duty on documentation, Insurance (if applicable), Monitoring and Inspection Charges and Quality checking charges and Incidental Charges (if any) etc., as applicable, and any other charges as communicated to the customer from time-to-time by Yes Bank are payable by the client.

Penal Interest

In case of late repayment, penal interest @ ROI + 4% p.a. will be levied and collected.

• More than 60 Agri-commodities financed across 163 locations PAN India.

• Quick loan processing and disbursement with minimal documentation

• Attractive Rates of Interest

• Speedy release of commodities after repayment of loan

• Helps avoid distress sales, neutralizes the seasonality in commodity prices

• No additional security other than Agricultural commodities

• Loans extended in government/private warehouses/ Exchange Accredited warehouses/ WDRA Accredited warehouses

• Provides funding in Physical /Electronic (Demat) Receipts/ Electronic Negotiable warehouse Receipts (e-NWR).

• Warehouse Receipts are fetched directly to loan disbursement software on real time basis from Collateral Managers.

• Disbursement of loan is fully digitized.

• Customer interface through MSME App for submitting various operational documents during disbursement of loan and release of stocks.

• Maximum Rate of Interest applicable to the facility is
  Yes Bank-MCLR or EBLR+6% plus applicable interest tax or other statutory levy, if any which may vary from minimum 9% to 11.5% as per the customer profile, rating and creditworthiness.
  Final applicable rate is decided by Yes Bank based on various other parameters as per the policy of Yes Bank and will be communicated to the customer upon sanction of loan, subject to a minimum of Yes Bank-MCLR/EBLR.