Gold Loan
- Quantum of Loan
- In case of Crop Loan (AG301)
- Re-appraisal
- Obtention of Land/s record in case of Crop loan
- 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 every 10th of the succeeding 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 (AG301)
In case of Crop Loan (AG301)
- Scale of Finance, Rate per gram communicated by HO or 75% of the gold value whichever is less.
Re-appraisal
Re-appraisal
- Wherever exposure exceeds Rs.2.00 lakhs
- All overdue Gold Loans, accounts exceeding limit of above Rs.1.00 lakh are to be re-appraised invariably at the time of regular inspection in the presence of Inspecting Officer
Obtention of Land/s record in case of Crop loan
Obtention of Land/s record in case of Crop loan
- Up to Rs.50000/- only Declaration
- Above Rs.50000/- : All land records RTC / Khata Extract
Int. Subvention
Int. Subvention
- Up to Rs.3.00 lakhs (Aggregate limit of AGL +PKCC)
Repayment