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August 9th, 2016, 11:04 AM
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Join Date: Mar 2012
Punjab National Bank Agriculture Gold Loan

Hii sir, I wants to get information about the Agriculture Gold Loan of the Punjab National bank ?

As you asking for the get information about the Agriculture Gold Loan of the Punjab National bank the Information is as follow

About the Agriculture Gold Loan

To enable farmers to quickly meet their short-term agricultural credit needs and
investment needs.

Eligibility of the Loan :

Any person engaged in agriculture or allied activities as well as persons engaged in activities

permitted by GOI / RBI to be classified under agriculture. Loan will be given based on declaration.

Additionally, proof,of pursuing the activity to be given for loans above Rs. 1 lakh.

b. Term loan-Upto 36-60 months depending on the purpose.
Margin: CC/Short Term Loan - 5%, Term Loan - 20%

Repayment of Loan:
Cash Credit / Overdraft:An operative limit/ cash credit account for a period of 5 years (on the lines of revised KCC Scheme) subject to annual review.

Demand Loan -
Repayment should be fixed based on the income generation coinciding with
harvest and the marketing time, total period not exceeding 18 months.

Term Loan:
The repayment period of the loan should be fixed in line with the Term loan
purpose but not exceeding 5 years, coinciding with the harvesting and marketing season / generation of income from the activity.

For more details you may contact on the Helpline number of the Punjab National bank

Customer service: 1800 180 2222

Last edited by Neelurk; March 3rd, 2020 at 11:19 AM.
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