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Agricultural Gold Loan(AGL)

TitleNorms
PurposeAgricultural and allied purpose.
EligibilityA Class Membership
Limit of Loan

Rs.3,00,000

Security

Gold Ornaments

Repayment Period12 Months
Repayment ModeWithin 12 months
Rate of Interest

7 %

Penal Interest: 2% extra for default amount

Documents RequiredOriginal Tax Receipt.