Public bank
Agricultural gold loan (public banks)
PNB, Canara Bank, Indian Bank and othersAll India
Quick cash against gold for farm needs, repaid in one payment within 12 months.
What it is
Public banks lend against gold for farm purposes at about 8.6% to 8.9%. PNB Swarnim: 8.60% up to ₹2.5 lakh and 8.85% above. Canara: about 8.85%.
RBI caps the loan at 85% of the gold's value up to ₹2.5 lakh, 80% from ₹2.5 to 5 lakh and 75% above.
All IndiaCoverageAny public bank branchApply at8.6%–8.9%Rate
Eligibility at a glance
Farmers with gold jewellery
Some banks ask for land proof to class it as a farm loan
Apply at: Any public bank branch
Key facts
- Amount: 85% of gold value up to ₹2.5 lakh; 80% up to ₹5 lakh; 75% above
- Repayment: One payment within 12 months, or EMI
- Security: Your gold
!Information only, not financial or legal advice. Final terms are set by the lender. AgriFolk does not collect any fee.