Scheme for Advance Against Gold Jewellery/Gold Ornaments

Crop production/ allied agriculture activities.

Acquiring farm machinery, irrigation equipment, taking up horticulture activity, transport vehicle for transporting of agri. produce etc.

Repayment of loans availed from non-institutional lenders.

All other agriculture activities which are permitted to be classified under agriculture as per RBI/GOI/NABARD guidelines.

All farmers; Individuals/ Agri. entrepreneurs including Tenant farmers, Oral lessees and Sharecroppers.

Any person engaged in any agriculture or allied activities as well as persons engaged in activities permitted by RBI to be classified under agriculture.

A person resident of India, being an individual in his capacity as individual or on behalf of minor child, or jointly with another individual.

Trust, HUF, Charitable Institutions and University

Min. Amount of Loan – Rs. 0.25 lakh

Max. Amount of Loan - Rs.25.00 lakh

Minimum – Rs. 50000/-

Maximum – Need based

Demand loan – Bullet Repayment - Maximum 12 months.

Term Loan - EMI Based- Maximum 36 months.

Overdraft Facility - Maximum 36 Months, subject to annual review

Demand Loan

Overdraft

Individuals – 25%

Other than individuals – 40%

Processing Fee/Upfront Fee- 0.30% of loan amount + GST or Rs. 500 + GST, whichever is higher.

Documentation Charges- NIL

Upfront Fee

Upto Rs.50000 - NIL

Above Rs. 50000 upto Rs. 2.00 lakh- Rs. 500 +GST

Above Rs. 2.00 lakh- 0.30% of the loan amount +GST

Documentation Charges- NIL

NIL

VALUATION CHARGES – Rs 3.00 per thousand + GST, maximum Rs. 500.00 + GST Upto 5 Lakh.

Rs. 1000.00 + GST Above 5 Lakh.

NIL