Karnataka Gramin Bank

Agriculture Gold Loan

  • Quantum of Loan
  • In case of Crop Loan
  • Obtention of Land/s record in case of Crop Production
  • Int. Subvention
  • Repayment

Quantum of Loan

Quantum of Loan

Average Price per Gram (APG) of 22 carat Gold during preceding month as quoted by M/s India Bullion & Jewelry Association Ltd., to be considered for finance as follows – HO will communicate on 1st of every month, the quantum of loan per gram. However, the loan limit should not exceed 75% of the value of gold ornaments.

In case of Crop Loan

In case of Crop Loan

Scale of Finance, Rate per gram communicated by HO or 75% of the gold value whichever is less.

Obtention of Land/s record in case of Crop Production

Obtention of Land/s record in case of Crop Production

  • Up to Rs.100000/- only Declaration
  • Above Rs.100000/- : All land records RTC / Khata Extract

Int. Subvention

Int. Subvention

  • Up to Rs.3.00 lakhs (Aggregate limit of AGL +PKCC)

Repayment

Repayment

  • 12 Months.