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Old June 22nd, 2016, 03:23 PM
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Join Date: May 2013
Default Agriculture Loan Against Gold Corporation Bank

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  #2  
Old February 19th, 2018, 10:22 AM
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Default Re: agriculture loan against gold corporation bank

Hello sir, I’m looking for Agriculture Loan from Corporation Bank. Is there any one can provide me here interest rates on Agriculture Loan against Gold in Corporation Bank?
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  #3  
Old February 19th, 2018, 10:23 AM
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Join Date: Aug 2012
Default Re: agriculture loan against gold corporation bank

The Corporation Bank is provides agricultural gold loan against gold loan. The Corporation Bank Corp Gold Loan Scheme will enable you to get a loan against your gold jewellery.

Gold loans are not only cheaper than the conventional personal loans but are also easy to get.

Agriculture Jewel Loan is provided by Corporation bank. Under this type, borrowers can pledge their gold jewellery to get a suitable loan amount which they can use towards agricultural purposes.

This loan amount can be used as short term crop loan and can be used to purchase any farm asset.

Agriculture Jewel Loan will be sanctioned to meet the financial requirements of short term crop production after the borrower places suitable gold jewellery as security.

A loan amount not exceeding Rs. 3 lakhs will be offered and the amount has to be repaid within a period of 12 months.

Corporation Bank Corp Gold Loan Scheme Interest Rates:

Rate of Interest
For Agriculture Jewel Loan
Tenure up to 12 months - 10. 60 per cent per annum

For tenure above 12 months and up to 24 months - 11. 10 per cent per annum

Jewel Loan towards short term crop production - 7 per cent per annum

Documentation Required for Corporation Bank Corp Gold Loan Scheme:

Completely filled application form
Recent passport size photographs
Address Proof documents (any one of the following)
Passport
Driving License
Aadhaar Card
Voter ID Card
Ration Card
Identity Proof documents (any one of the following)
PAN Card
Passport
Aadhar Card
Voter ID
Driving License
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