SMCM put forward e-Pledge model in which SMCM act as facilitator, bringing borrower, Warehouse Service Provider (WSP) and Bank under one roof, providing warehouse and commodity electronic accounting system, Pledging, Trading, clearing and settlement solution. Borrowers (farmers / Traders / processors / FPOs etc.) after depositing commodities in SMCM notified warehouses can apply on-line to Bank via Comlive and avail finance against pledge of warehouse receipts..

The physical warehouse receipt financing has been in presence for an extensive period of time where banks loan against the physical warehouse receipts gave by warehouseman. Because of lack in MIS, repetitive hazard the board procedure, and absence of transparency Banks have confronted numerous cheats and scams. SMCM's e-pledge warehouse based commodity fund model work towards expelling such breaking down of the framework by offering better hazard the executives, improved activities and mechanical arrangements. SMCM's empanelled Warehouse Service Provider (WSP) go about as Collateral administration office answerable for commodity wellbeing, security, stock administration, protection, store and conveyance while SMCM gives its e-pledge model and better hazard risk management process. E-pledge model guarantees protected, quick, smooth and straightforward commodity money business exchange.

SMCM also offers e-auction of defaulted stock (even in physical form) on its trading platform which has large pool of buyers already registered at pan India level and Banks realize better prices for such commodities.

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Benefits:

1. SPOTLIV e-Pledge is a basic, secure and quick method of Commodity bookkeeping and pledging platform
2. SPOTLIV e-Pledge Platform brings greater permeability, discernibility in the current acts of WHR funding and makes the whole procedure progressively secure and transparent.
3. SPOTLIV Platform guarantees promise to check and ongoing information responsibility through giving a wide range of adjustable MIS reports and its 24*7 online access.
4. Normal internal also rigid third party review and assessment of distribution centers and warehouses to Maintain perfect stability of the tasks and control on the fingertips.
5. Offers selling of pledged commodity online, which offers a transparent platform for borrower and lender at ease, and secure
6. If there is an occurrence of Credit default, Default commodity holding is auctioned on the SPOT Trading Platform for removal and better, reasonable, and transparent Price Discovery. And various market participants are invited for the best price discovery.

List of Banks Serving AGRI Pledge
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1. Union Bank Of India
2. Bank OF Baroda
3. FEDERAL BANK
4. ICICI BANK LTD
5. State Bank of India
6. Central Bank Of India
7. HDFC BANK LTD
8. AXIS BANK LTD
9. IDBI BANK LTD