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    RBI-Grade Escrow for Bulk Scrap Trade

    April 27, 20266 min read
    RBI-Grade Escrow for Bulk Scrap Trade

    The Problem: "Maal Gaya, Paisa Kab?"

    For decades, the Indian scrap metal trade has operated on an uneasy balance of verbal commitments and high-risk credit. A yard owner in Siliguri dispatches 50 tonnes of HMS 1 to a foundry in Durgapur. The truck arrives, the material is unloaded, but the payment? That might take 15, 30, or even 45 days. Meanwhile, the yard's working capital is blocked.

    On the flip side, buyers face their own risks. What if an advance payment is made, but the delivered scrap is mixed with heavy impurities or doesn't match the agreed-upon grade?

    This trust deficit limits growth for everyone.

    The Solution: Escrow-Protected Trading

    At LohaLink, we realized that replacing the broker wasn't enough; we had to replace the financial risk. That is why every transaction on our platform is backed by an RBI-grade Nodal Escrow account.

    For the Seller: Guaranteed Settlement

    When an order is placed, the buyer's funds are immediately locked in the escrow account. You know the money is safe and waiting.

    Once your truck reaches the weighbridge and the buyer accepts the material, the funds are released to your account the same day. No more chasing payments.

    For the Buyer: Quality Assurance

    You never pay for sub-standard material. Your funds are only released to the supplier after the truck has arrived at your gate and you have verified the quality and weight against the digital weighbridge slip.

    Growth Through Security

    By removing the anxiety of delayed payments and quality disputes, businesses can focus on what actually matters: scaling their operations. At LohaLink, we believe that secure payments are the foundation of a modern, organized supply chain.

    Metal Linked.

    Trade escrow-secured trade on LohaLink
    Escrow-protected, GST-verified, AI-graded.