By availing SBI Agriculture Gold Loan farmers can get up to 20,000 to 50,00,000 from the State Bank of India by pledging gold ornaments.


State Bank of India is offering gold loans to farmers and entrepreneurs who are engaged in the cultivation of crops, dairy, poultry, fisheries, piggery, sheep, etc. on owned or leased land with a repayment period of 12 months from the date of disbursement of the loan. Loans will be provided to farmers and entrepreneurs to buy farm machinery, land development, irrigation setup, transportation of produce, etc.

It is a type of demand loan that will be provided based on the advance value of gold ornaments per gram of different levels of purity (24/22/20/18 carats).

Documents Required

To apply for SBI Agriculture Gold Loan, you must have these documents ready.

  1. Two copies of photograph of the applicant,
  2. KYC documents such as PAN card, voter ID, etc.
  3. Application form,
  4. Evidence of land holding or Allied activities,
  5. Any other document as per sanction.

Interest Rate & Processing Fees

Amount Of LoanProcessing Fee
Up to 50,000Nil
Above 50,000 to up to 2 Lakhs 500 + GST
Above 2 Lakhs0.30% of loan limit + GST
Interest RateOne Year MCLR rate + 1.25 %

How To Apply For SBI Agriculture Gold Loan?

  1. Visit the official SBI Agriculture Gold Loan online portal.
  1. Click on the Apply Now button and fill in the necessary information such as your mobile number, account number, purpose of loan, loan offer, etc.
  1. After filling in the required details click on continue and submit your application.

For more details you can visit your nearest SBI branch.

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