Objective: The main purpose of the Kisan Gold Card is to invest in the improvement of agriculture land, water resources, Agriculture Machinery and tools, stock and sheds etc.

Eligibility: All the Farmers (Kisans) with good Track Record with Bank

Loan Limit:

1.loan amount is 5 times of the annual agriculture income.

2.50% of the mortgaged land’s value.

besides the above said facts the loan amount must not exceed 10 lacs.

Margin: 10 % of the Project Cost

Security

  1. Charge on the goods financed by the Bank
  2. Mortagage of the land valuing 200% of the loan amount

Interest

  • Up to 2 Lac’s – 11.75%
  • From 2 Lac’s to 5 Lac’s – 12.75 %
  • More than 5 Lac’s – 13.75 %

Repayment: 6-7 years in equal half yearly installments