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KBL Agri Gold Scheme

Agri Gold

Purpose:

  • To meet short term agricultural operation expenses.

Eligibility*:

  • Individuals, HUF and Corporate engaged in Agriculture or Allied activities.
    Name of the Product
    Period
    Maximum Loan Amount
    Agri Production 12 Months Maximum of ₹25 lakhs per borrower.
    Agri Subvention*
    *Only in Rural and Semi urban branches, as per the Government of India instruction.
    12 Months ₹3 lakh

Security:

  • Primary Security : Hypothecation of Crops/Assets.
  • Collateral Security : Pledge of Gold ornaments/specially minted gold coins (not exceeding 50 gram / borrower) sold by Banks.

Repayment:

  • On or before due date. Interest to be serviced yearly/ on due date.

The above information is subject to terms and conditions.For more details, please contact the nearest Branch.

*Conditions Apply Download Brochure