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  • To meet the expenses of crop cultivation.
  • Lower Rate of Interest.
  • No Prepayment penalty
  • Minimal processing charges
  • Multiple transactions within the limit allowed
  • Quick processing and disbursement.
  • To meet the expenses of crop cultivation.
Nature of Facility Overdraft
Loan Quantum
  • 90% of the Appraised Value of Gold.
  • Minimum Amount - Rs. 1.60 Lakh
  • Maximum Amount - Rs. 10 Lakh.
    Subject to a ceiling of Rs. 10 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
  • Revolving Facility tenable for 36 Months subject to Annual Review. Simple Interest shall be charged with Half-yearly rest.

Nomination Facility is available

  • Resident Individuals.
  • One Year MCLR

Loan Quantum

Processing Charges

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 01:59 PM

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