Agri Gold Loan
Agri Gold Loan
The Agri Gold Loan is extended to individuals against security of gold ornaments owned by them for the purpose of agricultural activities. It is ideal for farmers seeking financial assistance to meet agricultural and developmental expenses.
Features
- Eligible loan amount may be assessed based on area under cultivation, crops raised, scale of finance etc.
- Rate of advance is being fixed on daily basis based on RBI Guidelines.
- Instant Disbursement
Eligibility
- The borrower should be an agriculturist (This may be evidenced by land tax receipt). The amount of loan is fixed according to the scale of finance prescribed for agricultural loans.
- Loans are granted as per the rate per gram fixed by CO on daily basis as per RBI Guideline.
Documents Required
- Gold loan pledge form with DPN
- DPN Delivery letter
- Declaration for Agricultural Gold Loan
