• Avail the loan against your gold ornaments

  • Easy and hassle-free loan process

  • Effective interest rate is as low as 4% p.a.

  • Available at more than 10,000 branches across India

Eligibility :

  • All farmers engaged in short term crop production

Collateral Security :

  • Pledge of gold ornaments

Margin :

  • As per the LTV fixed by bank from time to time

Rate of Interest :

Interest rate

UptoRs. 3 Lac

  • 7% p.a (During interest subvention period)

Above Rs. 3 Lac

  • 9.95%

9.95% p.a. interest will be applicable on outstanding amount after interest subvention period

Criteria for interest subvention :

  • The borrower should be an agriculturist

  • The amount of loan is fixed according to the prescribed ‘Scale of finance” (SOF) of the crop grown, acreage and the loan is used for the stated purpose

Repayment :

  • Demand Loan:12 months from the date of disbursement of the loan

  • Cash Credit/over draft:Limit reviewed at annual interval and valid for 3 years.

Documents required :

  • Duly filled in application form

  • 2 latest passport size photographs

  • Identity proof- Voter ID card/PAN card/Passport/ Aadhaar card,/Driving License etc

  • Address proof: Voter ID card/Passport/Aadhaar card/Driving licenseetc

  • Proof of agricultural land/ cultivation

How to apply :

  • Contact your nearest branch for application and further details