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  • To meet the expenses of land development activities.
  • Lower Rate of Interest.
  • No Prepayment penalty
  • Minimal processing charges
  • Quick processing and disbursement.
  • To meet the expenses of land development activities like levelling, construction of bunds, water shed, fencing, trenching, farm pond, irrigation channel repair & maintenance 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 is repayable within a maximum period of 12 months from the date of sanction in monthly/quarterly /half-yearly instalments or by lump sum payment.

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

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Last updated on 07-10-2023 02:36 PM

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