Gold Jewellery Overdraft for Crop Cultivation

  • 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.
Nature of Facility Overdraft
Loan Quantum
  • Up to 80% of the Appraised Value of Gold. (Quantum shall be restricted to amount arrived based on Lending Rate per gram or Scale of Finance, whichever is lower.)
  • Minimum Amount – Rs. 100/-
  • Maximum amount - Rs. 10 Lakh.
    Subject to a ceiling of Rs. 10 Lakh per Borrower for Crop Cultivation under Agricultural Gold Loan schemes.
Security

Pledge of

  • Gold Jewellery.
  • Gold coins up to 50 grams per customer.
Repayment
  • Revolving Facility tenable up to 12 Months. Monthly interest to be serviced

Nomination Facility is available

  • Resident Individuals.
  • To meet the expenses of crop cultivation.
  • 1 Year MCLR + 0.10% w.e.f.,14.10.2025

Loan Quantum

Consolidated Processing Charges (Excluding GST)

Up to Rs.0.50 Lakh

NIL

Above Rs 0.50 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