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Power Gold

Loans against the security of gold ornaments are extended to farmers at attractive interest rate, minimum documentation, quick disbursals, less margin money and convenient repayment schedule.

This scheme is operational in select branches in South India.

Eligibility

Individuals engaged in agriculture or allied agricultural activities.

Purpose

To support agriculture and allied agricultural activities.

Loan amount

Minimum : Rs 10,000
Maximum : Rs 5,00,000

Disbursement

  • For Loans up to Rs 50,000:
    By Cash/ Crossed pay order/ Remittance into Borrower's savings account
  • For Loans exceeding Rs 50,000:
    By Crossed pay order/ Remittance into Borrower's savings account

For further information, please contact the nearest branch.