Indian Bank offers agricultural jewel loans which can be utilised by the borrowers for their short-term credit requirements. The credit can be used for multiple agricultural requirements such as purchase of pesticides, fertilisers, seeds, and so on.
Similar to gold loan we can opt personal loan
|Name of Scheme||Indian Bank Agricultural Jewel Loan Scheme|
|Rate of Interest||7% Onwards (Based on the loan amount)|
|Minimum Loan Amount||Based on the valuation of the Jewel which is being pledged|
|Loan Tenure||Adjustment of loan amount within 2 months from the date of harvest of crops|
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The list of documents that must be submitted to avail the loan is mentioned below:
All individual farmers are eligible to apply for the loan.
The main features of the Agricultural Jewel Loan Scheme are mentioned below:
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