Features :

  • No hidden charges.

  • Easy and hassle-free loan process.

  • Low interest rates.

  • Convenient repayment schedules.

  • Available at all the Rural and Semi Urban branches across India.

Eligibility :

  • Any person engaged in agriculture activities

Collateral Security :

  • Pledge of Gold ornaments

Margin :

  • As per the Loan To Value (LTV) fixed by bank from time to time

Rate of Interest :

  • 9.95% p.a.

Repayment period:

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 SBI branch for application and further details