Last Updated on 16/07/2021
Agricultural Jewel Loans


This is a package designed for farmers to avail loan for Agricultural purpose against security of their gold Jewellery.


Individual farmers who own jewels and are engaged in Agricultural activities are eligible.


To meet the short term credit requirements for cultivation of crops.

Quantum of Loan:

You can contact our nearest branches for per gram rate of advance against gold ornaments.


Pledge of gold Jewellery


Within one year

Holiday Period


Rate of Interest

For loans below Rs. 3 Lakhs:

The interest rate for short term production credit component upto Rs. 3.00 lakhs for One year form date of sanction/ renewal of the limit is 7% p.a. subject to availability of interest subvention from GOI.

Incentive subvention of 3% is also available for the short term production credit upto Rs. 3.00 lakhs, subject to prompt payment within the period of One year form date of Sanction/renewal.

For loans above Rs. 3 Lakhs - Varies from Time to time. Presently one year MCLR+2.50%.

For other details, please contact your nearest IOB branch.