Loading...
  • To meet the expenses of allied activities.
  • Lower Rate of Interest.
  • No Prepayment penalty
  • Minimal processing charges
  • Quick processing and disbursement.
  • To meet the expenses of Allied Activities like Fisheries, Animal Husbandry, Poultry, Beekeeping, Sericulture etc.
Nature of Facility Single Transaction Limit
Loan Quantum
  • 80% of the Appraised Value of Gold.
  • Minimum Amount - Rs. 100/-
  • Maximum amount - Rs. 35 Lakh.
    Subject to a ceiling of Rs. 35 Lakh per Borrower under Agricultural Gold Loan schemes.
Security

Pledge of

  • Gold ornaments/Jewellery.
  • Specially minted Gold coins sold by banks up to 50 grams per customer.
Repayment
  • Loan to be repaid within a maximum period of 12 months from the date of sanction in monthly instalments.

Nomination Facility is available

  • Resident Individuals.
  • One Year MCLR

Loan Quantum

Consolidated Processing Charges (Excluding GST)

Up to Rs.0.25 Lakh

NIL

Above Rs 0.25 Lakh to Up to Rs.1.00 Lakh

Rs.250.00

Above Rs.1.00 Lakh Up to Rs.3.00 Lakh

Rs.500.00

Above Rs.3.00 Lakh Up to Rs.5.00 Lakh

Rs.1100.00

Above Rs.5.00 Lakh Up to Rs.10.00 Lakh

Rs.1450.00

Above Rs.10.00 Lakh

Rs.2750.00

© 2024, Canara Bank, All rights reserved

Last updated on 07-10-2023 02:41 PM

Visitor Count 73