10. Agricultural Jewel Loan
This is a package designed for farmers to avail loan for Agricultural purpose against security of their gold jewellery.
Eligibility: Individual farmers who own jewels and are engaged in Agricultural activities are eligible.
Quantum of Loan: You can contact our nearest branches for per gram rate of advance against gold ornaments.
Rate of Interest:
Interest will be,
a) For loans up to Rs. 3 lacs : Base Rate +0.75 (before interest subvention)
b) For loans above 3 lacs : Base Rate +3.
11. Agricultural Term Loans
Land Development
Financial assistance for Land reclamation, Soil conservation measures and on farm development works like Land leveling, terracing, contouring, bunding, fencing etc.
Minor Irrigation
Term Loans are extended for construction of wells, for deepening/renovating the existing wells and for boring in the existing dug wells to augment water supply.
Farm Mechanisation
Financing for purchase of machinery/implements like Tractors, Power Tillers, seed drill, seed-cum-fertilizer drill, planters, power sprayers, seed cleaners, weed removers, power threshers, chaff cutters, cane crushers, harvester combines etc.
Plantation / Horticulture Crops
Term loans for cultivation of Coconut, Coffee, Tea and Rubber plantations, Floriculture, Vegetable and Fruit cultivation etc.
Loan for Allied Activities
Credit facilities extended for activities related to dairy, poultry, duckery, rearing of goat and sheep, Fisheries etc.
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