Agri Jewel Loan

Target Group
  • Farmers/Agriculture labourers
  • Tenant Farmers
  • Share croppers
  • Oral lessee etc.,

To meet the Agricultural working capital requirement for

  • Crop Cultivation
  • Repairs to Farm Assets
  • Allied activities like Dairy, Fisheries, and Poultries etc
  • Agro Processing
  • Repayment of debt taken from Non Institutional Lenders
Quantum of Loan
  • 80% of Market value of Gold Ornamentals pledged (or) Scale of finance/Unit cost for the proposed activity whichever is lower
Rate of Interest
  • Pledge of gold ornaments
Repayment Period
  • 12 months - Bullet repayment (principal with interest)
Processing Charges
  • Upto ₹25,000/- - NIL
  • Above ₹25,000/- - ₹200/- per lakh or part there of
How to apply
  • Please contact nearest Tamil Nadu Grama Bank’s Branch for more details