Public Sector BankRBI Priority Sector Lending
Canara Bank Swarna Agricultural Gold Loan
केनरा बैंक स्वर्ण कृषि गोल्ड लोन — Agricultural Gold Loan Dossier
Canara Bank Swarna Scheme is a favorite among southern and western farmers, offering instant liquidity to purchase seeds and inputs ahead of the monsoon.
Concessional Rate7% p.a.PSL Subsidized
Maximum LTV75%Of market gold value
Max LimitUp to ₹25,00,000Per farmer borrower
DisbursementSame-day counter disbursement (15 to 30 mins)Rapid counter release
Official Canara Swarna Agri Customer Care:Toll-Free Helpline: 1800-425-0018
Key Agricultural Lending Advantages
One of the most competitive base lending rates (7.00% p.a.) in rural India.
In-branch gold appraiser available during all regular banking hours.
Minimal paperwork for existing KCC and crop loan account holders.
Harvest-Aligned Repayment Modes
Option 1
Bullet Repayment (12 Months)
Option 2
Quarterly Interest Servicing
Mandatory Agricultural Documentation
Carry these simple documents to your nearest branch to secure the 7% concessional Priority Sector Lending rate:
1Proof of identity (Aadhaar / Voter ID)
2Proof of agricultural operation (Khasra, 7/12, or tenant farmer certificate)
3Gold ornaments for in-person purity appraisal
Scheme Specifications
Interest Rate:7.00% to 7.45% p.a.
Max Loan Amount:Up to ₹25,00,000
Max LTV:75%
Processing Fee:Waived for small & marginal farmers
Tenure:12 Months
Compare Other Agri Gold Lenders
FAQ
Frequently Asked Questions on Canara Swarna Agri
Canara Bank Swarna Agricultural Gold Loan offers a concessional interest rate of 7.00% to 7.45% p.a. for agricultural borrowers, provided basic agricultural land documents (7/12 extract, Khasra, or crop sowing certificate) are furnished.
Loans are typically sanctioned for a tenure of 12 months with flexible Bullet Repayment options, allowing the farmer to repay both the principal and accrued interest at one go after the harvest crop auction.
In accordance with RBI directions, Canara Swarna Agri sanctions up to 75% of the net market value of hallmarked 22K/24K gold jewelry, appraised electronically in the branch.
Tenant farmers, sharecroppers, and oral lessees can still qualify by submitting a self-undertaking of cultivation countersigned by the local Village Panchayat Sarpanch or Agriculture Assistant, or by enrolling under the bank's allied agri-credit category.