Compare Agriculture Gold Loan from Leading Banks – 2021
| Agriculture Gold Loans | Interest Rate* | Processing Fee |
|---|---|---|
| Indian Bank | 7.00% | Nil |
| Union Bank Gold Loan | 7.20% | Nil |
| Bank of Baroda Agriculture Gold Loan | 7.70% | Up to Rs.3 lakh- Nil Above Rs.3 lakh- 0.25% + GST |
| SBI Multi Purpose Gold Loan | 8.25% | Nil |
Hereof, how can I get farmer card in Karnataka?
Following are the documents required for agricultural family member certificate in Karnataka.
- Prescribed application form of Agriculture Family Member Certificate.
- A copy of proof of agriculture land.
- Address Proof (ration card / passport / driving license / telephone bill / water bill / electricity bill / bank passbook)
- Visit the preferred bank’s website and visit their Kisan Credit Card Section.
- Download & print the Application form.
- Duly fill out the Application form.
- Submit the application and necessary documents at the nearest bank’s branch.
- The loan officer will share the necessary information with the applicant.
Regarding this, how much is a crop loan per acre?
DBT will be given at the rate of Rs 4,000 per acre per season for cropping while zero interest loan will be at the rate of Rs 50,000 per hectare to be capped at Rs 1 lakh per farmer, sources told BusinessToday.In. The crop loan is already offered to farmers at a subsidised rate of 4 per cent only.
Is gold loan available in Karnataka Bank?
You can avail a gold loan from Karnataka Bank to meet your immediate financial requirements. The repayment tenure offered ranges between 6 months and 1 year. Mode of repayment available are term repayment, bullet repayment, and overdraft.
What are the loans available for farmers in Karnataka?
Agriculture Loan Schemes
- KCC- Kisan Credit Card Scheme.
- Agriculture Gold Loan.
- Agriculture Special Gold Loan.
- Agriculture Marketing Infrastructure (AMI/Godown)
- DEDs- Dairy Entrepreneurship Development Scheme.
- NLM- National Livestock Mission-EDEG Component Scheme.
What is gold rate in Karnataka Bank?
| Updated – Gold Loan Per Gram Rate w.e.f Dec 03 2021 | ||
|---|---|---|
| Gold Weight | Gold Purity 24 Carat | Gold Purity 22 Carat |
| 200 gram | 936000 | 858000 |
| 300 gram | 1404000 | 1287000 |
| 400 gram | 1872000 | 1716000 |
What is Kisan Gold scheme?
Kisan Gold Card is finance to farmers for specified sum of money, towards his farm requirements like production of crop, post-harvest, repair & maintenance and consumption need of the farmer.
What is SBI Agri Gold loan?
Agri Gold Loan for Crop Production
These loans can be availed by pledging gold ornaments. The entire loan process is easy and convenient. The loan is provided at 10,000 SBI bank branches.
What is the gold loan interest rate in SBI?
What is the gold loan rate in SBI?
SBI Gold Loan is offered with loan amount up to Rs. 50 lakh and interest rate going up to 7.30% p.a. The repayment tenure is up to 3 years with processing fee charged at 0.50% of the loan amount.
What is the interest rate of gold loan in Karnataka Bank?
| Karnataka Bank Gold Loan | Details |
|---|---|
| Loan Amount | Up to Rs. 25 lakhs |
| Tenure | Up to 1 year |
| Interest Rate | 7% to 8.12% onward |
What is the minimum amount of loan for agri gold loan?
The loan against gold for farmers is available starting from Rs. 25,001 to Rs. 25,00,000. The loan against gold offers farmers easy access to money, allowing them to withdraw as per their requirement and pay interest on only the used amount.
Which is best bank for gold loan in Karnataka?
List of Top 10 Banks / NBFCs offering Gold Loan in India – 2021
| Gold Loan Providers | Interest Rate | Tenure |
|---|---|---|
| HDFC Bank | 9.90% onwards | 3 months to 24 months |
| ICICI Bank | 11% p.a. onwards | 3 months to 12 months |
| Canara Bank | 7.65% p.a. onwards | 6 months to 2 years |
| Axis Bank | 12.50% p.a. onwards | From 3 months to up to 3 years |