Features & Benefits

• Easy and hassle-free loan process.
• Gold loans will be granted only to individuals.
• Loan will be granted after getting the jewels duly appraised by the jewel appraiser engaged by the Bank.
• 22 carat Gold’s are accepted as security.
• Available across all MGB branches
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Quantam of Loan

• Maximum loan amount that can be availed is Rs.3 lakhs
• Maximum loan amount upto 75% of appraised value of gold can be availed
• The loan amount will be grated after assessing the crop cultivated, extant of land and scale of finance
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Security

• Pledge of Gold ornaments
• Only 22 carat Gold will be accepted as security.
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Repayment

• Agriculture Gold loans are repayable in 12 months from the date of sanction along with accrued interest.
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Interest Rates & Charges

• Please visit Loan Interest Rates page for details
• For Loan interest rates click here
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