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Quantum of Loan
Average Price per Gram (APG) of 22 carat Gold during preceding month as quoted by M/s India Bullion & Jewelry Association Ltd., to be considered for finance as follows – HO will communicate on 1st of every month, the quantum of loan per gram. However, the loan limit should not exceed 75% of the value of gold ornaments.
In case of Crop Loan
Scale of Finance, Rate per gram communicated by HO or 75% of the gold value whichever is less.
Obtention of Land/s record in case of Crop Production
- Up to Rs.100000/- only Declaration
- Above Rs.100000/- : All land records RTC / Khata Extract
- 12 Months.
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