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Canara Bank has announced gold loan scheme. Scheme is meant for agriculture, agri-allied sectors, medical and personal emergencies. Gold loan is available on gold jewelry and coins. The scheme has lower interest of 7.85% per year. Loan term for the scheme is 3 years. Last date of application of the scheme is June 30, 2020.
| Scheme: | Gold loan scheme |
| Benefits: | Get gold loan |
| Beneficiaries: | Agriculture, agri-allied sectors, medical and personal emergencies and overdraft facilities |
| Launched By: | Canara Bank |
| Loan limit: | Rs. 10 lakh to Rs.20 lakh |
| Launch Date: | May 2020 |
Eligibility Criteria:
- Scheme is applicable for Across the India
- Scheme is applicable for agriculture, agri-allied sectors, medical and personal emergencies and overdraft facilities
