Thane based TJSB Sahakari Bank is providing commodity finance against Pledge of Warehouse Receipts (WHR) under a tie-up arrangement with National Collateral Management Services and National Bulk Handling Corporation.
The bank has hedged the scheme in conditions that the Borrower having established in the same line for the past 3-4 years with good reputation in the market & should have dealt earlier in the commodities against which he is seeking finance.
The borrowers can apply online through this link
Individual, Proprietorship, Partnership, Private and Public enterprise trading in agriculture commodities can become the borrowers.
During the financial year 2015-16, the bank had a business mix of Rs 12,878 crore while it earned a net profit of Rs 100 crore for the sixth consecutive year. It has 115 branches in operation in Maharashtra, Goa, Gujarat and Karnataka and other states.