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Warehouse Receipts (WR) are documents issued by warehouse operators as evidence that specified commodities of stated quantity and quality, have been deposited at particular licensed warehouses by named depositors.
Depositor: Producer, Farmer, Trader, Exporter, Importer, Processor etc
Farmers / Traders / Exporter
- Producer gets better return
- Minimize price risk
- Price discovery
- Liquidity of Funds
- Bank Finance at better interest rate & longer terms
- More opportunity to invest and more flexibility in trade
- Avoid distress sale during harvest
- Confidence in terms of storage
- Confidence in grade/Quality
- Preservation of Stocks to avoid any kind of damage & deterioration
Institutional Banker
- Secured Finance
- No Risk for Quality, Quantity & Price fall
- Interest Revenue
- Increase in client base of other services
- Minimum procedural work
Exchange / Broker
- Turnover/liquidity of the Exchange/ broker will increase
- Transaction charges/Brokerage will increase due to increase in turnover
- Increase in member/ client base
Institutes financing under the scheme
- Punjab National Bank: The following branches provide finance under such scheme:
- Cochin
- Aluva
- Calicut
- Trichur
- Kottayam
- Palakadu
- Kanjikodu
- Velimukku
- Federal Bank
- ILFS
- Geojit Credits Pvt. Ltd.
Warehouse Receipt financed at NMCE
| Year |
Product |
Grand Total |
| 2004-05 |
Rubber |
101 |
| 2005-06 |
Pepper |
1089 |
| 2005-06 |
Rubber |
263 |
| 2006-07 |
Cardamom |
171 |
| 2006-07 |
Pepper |
1385 |
| 2006-07 |
Rubber |
3818 |
| 2007-08 |
Cardamom |
131 |
| 2007-08 |
Pepper |
644 |
| 2007-08 |
Rubber |
6037 |
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