The main
purpose of the Kisan Gold Card is to invest in improvement
of agriculture land, water resources , Agriculture Machinery and tools,
stock and sheds etc.
Eligibility
All the
Farmers (Kisans) with good Track Record with Bank
Loan Limit
1.loan amount
is 5 times of the annual agriculture income.
2.50% of the mortgaged land's
value.
besides the above said facts
the loan amount must not exceed 10 lacs.
Margin
10 % of the
Project Cost
Security
1.Charge on
the goods financed by the Bank
2.Mortagage of the land valuing
200% of the loan amount
