This tie-up will help improve the farmers' access to post-harvest credits at affordable interest rates and also provide easy access to scientific storage facilities leading to a fair price discovery of their produce in the market, SLCM said in a statement.
"SLCM will leverage its proprietary (patent pending) technology 'Agri Reach' and support both these banks towards offering more efficient post-harvest credit and storage service to farmers, millers and other stakeholders in the agriculture sector," it added.
With a presence across 17 states in India, SLCM has a network of 2,100 warehouses backed by a reliable scientific management system for over 725 commodities, including cotton, pulse, maize, spices, mentha oil, among others.
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