SBI Online: India's largest state lender State Bank of India (SBI) is offering Krishi Gold Loans. All you have to do is apply for it on its YONO App. All you have to do is to download YONO App on your mobile phone to take advantage of this simple and quick way to get this loan. You can apply for this loan sitting in your home at any time of the day.

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The Krishi Gold loan facility is being extended by the SBI to all those who are involved in agricultural activities. It has been designed for people to meet all their financial needs with regards to agriculture sector.  

The bank says that you will be required to visit the home SBI branch only once to get the loan.

You can also walk-in to the nearest SBI branch with Gold and KYC (Know Your Customer) documents to avail the loan.

Features of Gold Loan:
-- The bank says that there are no hidden charges
-- The loan availment process is easy and hassle-free
-- Low interest rates as per the claims made by the bank
-- Convenient repayment schedules
-- The loan facility is available at all the rural and semi urban branches across the country
-- The bank takes gold ornaments as a collateral security to give Krishi Gold loan
-- Margin As per the Loan To Value (LTV) fixed by bank from time to time

-- Rate of Interest is 9.95 per annum

Any person who is engaged in agriculture activities.

Repayment period
-- Demand Loan : 12 months from the date of disbursement of the loan
-- Cash credit/Over draft : Limit reviewed at annual interval and valid for 3 years

Documents Required:
-- Duly filled in application form
-- 2 latest passport size photographs
-- Identity proof- Voter ID card / PAN card / Passport / Aadhaar card,/Driving License etc

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-- Address proof: Voter ID card / Passport / Aadhaar card / Driving license etc
-- Proof of agricultural land / cultivation