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  #2  
10th May 2016, 08:42 AM
Super Moderator
 
Join Date: Aug 2012
Re: SBBJ Gold Loan

Don’t worry buddy I will help you here to get the details about Agriculture Gold Loan of State Bank of Bikaner & Jaipur so that you can have idea.

Eligibility
Loans upto `.1.00 lac to small & marginal farmers, landless labourers, oral lessees & share croppers on declaration basis, provided the sanctioning authority is satisfied that the funds are for raising crops. For loans above `.1.00 lac proof of farming activity required.

Loan Purpose
For purchase of inputs, to meet expenditures incurred for raising crops or for creation of assets to be used in farming operation or for allied activities like Dairy, Poultry, Fisheries etc.

Type of loan
DL / OD / CC / TL against pledge of gold ornaments/coins to enable the farmers in meeting their short term & medium term agri related credit needs.

Margin
25% of market value. Margin should be regularly maintained & service of interest & installments should not be missed.

Processing charge
@0.10% of loan amount. Min. `.250/- & Max. `.2500/-
Upfront fee one time & no pre-closure charges.
Penal interest on whole o/s @2% p.a. & should specifically be advised to
the borrower.

Agriculture Gold Loan of State Bank of Bikaner & Jaipur



Address:-
State Bank of Bikaner & Jaipur
Tilak Marg,
Jaipur - 302005.

Phone:-
0141- 5101570


Tags
short term

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