CentralBank of India-Rural Agri Banking
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Cent Kisan Gold Card ( CKGC)

Purpose * To meet all term credit requirements like Farm Mechanization, Land Development, Minor Irrigation, Water Conservation, Horticulture, Allied Activities and other related activities etc .
Eligibility * Individuals / Joint / Group of Farmers-owner cultivators and Self Help Groups, Joint Liability Groups etc., engaged in agriculture and related activities .
Nature of facility * Term Loan repayable within 9 years .
Quantum of Loan * As per plan for investments to be undertaken in the next 2-3 years subject to 5 times of annual income or 50% of value of land to be mortgaged as security with a maximum loan of Rs.20 lac.
Margin * Upto Rs 1.60 Lakh
For loans above Rs 1.60 Lakh-
* Small and Marginal Farmers
* Other Farmers
Nil

5%
15%
Security * Upto Rs 1.60 lac*
* Above Rs 1.60 lac*
* (total amount of loans availed by the borrower)
- Hypothecation of assets created out of bank's finance.
- Hypothecation of assets created out of bank's finance and creation of Charge / Mortgage on land valued at least 200% of the loan amount.
Insurance * Assets created out of loan have to be insured for full value.
Interest Rate Upto Rs 3,00,000/-
Above Rs 3.00 lakh to Rs 10.00 lacs
Above Rs 10.00 lakhs upto Rs.20 lacs
MCLR + 1.35%
MCLR + 2.50%
MCLR + 3.00%
Processing Charges * Upto Rs 25,000/- : Nil .
* Above Rs 25,000/-: @ Rs 120/- per lac or part thereof
Documentation Charges Upto Rs 2.00Lakh- NIL
>Rs 2 Lakh to 25.00 Lakh- Rs 50/- per Lakh or part thereof Max Rs 1000/-
Repayment * In suitable instalments coinciding with overall income generation.

For further details, please contact our nearest branch.

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