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Benefits of Warehousing

  • Benefits of Warehousing:

    • Complete security of stocks, which is ensured by scientific preservation methods and techniques.
    • Insurance coverage for goods stored in warehouses.
    • Facility of bank advances against the pledge of warehouse 
    • Part delivery of goods, which enables    the depositor  to   withdraw  the goods     according to his needs and on  part repayment of the bank loan, if taken against the security of the goods.
    • Ensure timely, Smooth and easy flow of goods into the market ensuring price
    • A rebate on storage charges extended for the stock belongs to Bonafide Agriculturist at 15%, to the women farmers at 20% and to the Scheduled Caste & Scheduled tribe formers at 25%.
    • By pledging the Warehouse receipts, in Banks/ Financial institutions, Depositors can avail loans to avoid distress sale of the Agricultural produce, immediately after Harvest.

Last Updated: 19-10-2020 04:49 PM Updated By: Admin

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