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Agriculture Loan Against Gold Corporation Bank |
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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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