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Purpose / ObjectiveShort term production needs / working capital needs for agriculture, allied activities and consumption needs of farmers.
EligibilityFarmers who need loan of Rs.25000/- and above against the pledge of gold ornament alone are entitled for SOD.
Amount of LoanPresently Rs.750 per gram (or) 70% of the market value of the jewels to be pledged whichever is lesser.
Interest Rates
Amount Slab(Rs. in Lakhs) Interest Rate
Upto 3.00 7%
>3.00 to 5.00 BPLR + 0.50%
>5.00 BPLR + 1.00%

Repayment* Interest should be charged and paid every half year.
* Account to be reviewed once in 6 months and renewed once in a year.
SecurityPledging of jewels.
* BPLR and BASE RATE - Available in Home Page 



 
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