Features

• Easy and hassle-free loan process.
• Convenient repayment schedules.
• Low interest rates
• Processing charges and Jewel appraiser charges apply.
• No hidden charges.

Purpose / Objective

• To meet the short term credit requirements for Crop cultivation, repairs of  farm assets, allied activities like Dairy, Fisheries, and Poultries, purchase of inputs like fertilizers, pesticides, seeds , repayment of debt taken from non-financial institutional lenders etc.

Eligibility

• All individual farmers

Quantum of Loan

• Bumper Agri Jewel Loan – 85 % of Market value of Gold Jewels pledged (or) Scale of finance / unit cost for approved by DLTC / NABARD whichever is lower.
• Other Agri Jewel loan Products – 80% of Market value of Gold Jewels pledged (or) Scale of finance / unit cost for approved by DLTC / NABARD whichever is less

Repayment Period

• Bumper Agri Jewel Loan : 6 Months
• Other Agri Jewel loan Products: 12 Months

Rate of Interest

   Documents Required

• Duly filled in application form.
• Proof of agriculture land in the name of the applicant and proof for cultivating the crop.
• Identity proof- Voter ID card / PAN card / Passport / Aadhaar card,/Driving License etc
• Address proof: Voter ID card / Passport / Aadhaar card / Driving license etc

*MCLR rate available in Home page