Electronic Warehouse Receipt Financing (EWR)

Electronic Warehouse Receipt Financing (EWR)

A number of farmers require working capital for crop inputs like seeds, fertilizer, pesticides, water & labour etc., without selling their current production. For this purpose, HABIBMETRO is now offering Electronic Warehouse Receipt Financing to farmers, traders etc., against the commodities deposited for storage in accredited warehouses

If you meet the eligibility criteria, you can avail the Asaan Loan in a few simple steps.

Key Features

• Minimum documentation requirement
• Quick & easy processing
• Financing up to 70% value of stored produce
• Short term seasonal working capital facility
• No prepayment penalty
• Insurance of stored produce

Eligibility Criteria

• The applicant should be a genuine farmer (or farmer cum trader) and engaged in cultivating their land or leased land
• The applicant should have a valid CNIC
• The applicant should have a clean eCIB and should not be a defaulter of the banking system
• The applicant must meet the Bank’s and regulator’s policies

Documents Required

• Original CNIC with attested copy of CNIC
• 02 Passport size photographs of the applicant
• Customer copy of Electronic Warehouse Receipt issued by the accredited warehouse operator
• Copy of Fard/Passbook/Khasra Girdawri (in case of farmer/farmer cum trader) as a proof that customer is a farmer engaged in agricultural activity, but same will not be used for calculation of Limit
• Any other document/information (if any) required by the Bank

The financing facility may be availed by eligible customers subject to the Bank’s discretion and satisfaction of all requirements thereof as may be set by the Bank from time to time.

How To Apply

If you require any further assistance, please contact us at our 24/7 Call Centre at 111-1-HABIB(42242) or visit your nearest HABIBMETRO branch.