Gold Loan for Agriculture

Agriculture forms the backbone of economy in India. Farmers and cultivators can meet their financial needs by using their gold jewellery to apply for agricultural gold loan. These loans allow them to access funds for various purposes related to agriculture, such as buying seeds and fertilizers, investing in equipment or dealing with unexpected costs. By using their gold holdings as a source of finance, they can enhance their economic situation in rural areas, support sustainable farming methods and boost agricultural development.

With a commitment to transparency and competitive interest rates, IIFL Finance stands out as a trusted partner for farmers seeking reliable financial solutions. The streamlined application process, coupled with a collateral-friendly approach, ensures quick access to funds, precisely when you need them for agricultural endeavours. Apply for Agriculture gold loan at IIFL Finance today!

Benefits of Agriculture Gold Loan

IIFL Finance's Agriculture Gold Loan for farmers offers a quick and hassle-free financial solution, leveraging the value of their gold assets. With competitive interest rates and flexible repayment options, it empowers agricultural communities to meet their farming needs promptly while retaining ownership of their cherished gold possessions.

Gold Pledged is
Secured and Insured
Loan Approval in
Few Minutes
Quick Loan
Meet your requirements with
Minimum documentation

Agriculture Gold Loan Interest Rate

When you are considering agriculture gold loan, the interest rate is crucial. IIFL Finance distinguishes itself with affordable and transparent gold loan interest rates. With clear communication on all rates and charges, you are free to make informed decisions, ensuring your capital needs are met without undue financial strain.

  • Interest Rate

    0.99% onward p.m.
    (11.88% - 27% p.a.)

    Rates vary according to the loan amount and repayment frequency

  • Processing Fee

    0 onwards

    Varies depending on scheme availed

  • MTM Charges


    Valuing an asset to reflect its current market rate

  • Auction Charges


    Overdue Notice Charges: 200

How to Apply for Agriculture Gold Loan

Find Your Nearest Branch - IIFL Finance

Walk into any IIFL Gold Loan branch with your gold.

Find Nearest Branch
Documents Required Icon - IIFL Finance

Provide your ID proof, address proof and gold to get an instant approval

Documents Required
Simple Process Calculator - IIFL Finance

Simple process and in-house gold valuation ensures that you get the loan amount in your account or in cash

Agriculture Gold Loan Calculator

Find out the amount you will receive against your gold jewellery
gms kg
Rate Calculated @ / Gm

*The market value of your gold is calculated by taking the 30-day average gold rate of 22-carat gold | The purity of the gold is assumed to be 22 carats.*

*You can avail a maximum loan of up to 75% of the market value of your gold, depending on the quality of the gold.*

0% Processing Fee

Apply Before May 1st 2019

Why Avail of Agriculture Gold Loan from IIFL Finance?

IIFL Finance, a leading financial service provider, offers tailored Agriculture Gold Loans with a wide presence across 2,600+ branches in India. If you are wondering how to avail agriculture gold loan for farmers, be rest assured. Our straightforward “Seedhi Baat” approach ensures transparency in gold loan interest rates, processing charges, and terms. With secure vaults and insurance for pledged gold, we prioritize safety. Whether applying online or visiting a nearby branch, our customer-centric digital channels make the agriculture gold loan procedure quick and hassle-free, making us your top choice for agricultural gold loans in India. Just ensure that you meet the agriculture gold loan eligibility criteria. 

IIFL Finance extends specialized features tailored for agriculture gold loans:
  • Quick disbursal ensures farmers receive quick financial aid against their gold jewellery without prolonged waiting periods.
  • Maximise loan amounts by securing the highest possible value for pledged gold jewellery and ornaments.
  • Secure storage and credible insurance ensures your valuable assets are fully safe in secured vaults and backed by insurance
  • Fee transparency involving zero hidden costs, as all fees are clearly communicated during the application process.

What is an Agriculture Gold Loan?

An Agricultural Gold Loan is a financial product specifically tailored for farmers, providing them with a reliable and swift source of funds by leveraging their gold assets. In this arrangement, farmers pledge their gold ornaments as collateral, unlocking the intrinsic value of their gold to meet various farming expenses. It could be either buying machinery or vehicles such as tractors or buying fertilizers, seeds or even a specific training to enhance their skills. An agriculture gold loan in India provides farmers with quick financial support, using their gold as collateral. Farmers can secure funds to sustain their agricultural activities by leveraging their gold without selling it.

An agriculture gold loan is typically offered at a low-interest rate, making it a cost-effective solution for farmers. This unique financial instrument not only supports agricultural activities such as equipment purchase and crop cultivation but also allows farmers to utilize their idle gold, ensuring a seamless blend of traditional wealth and modern financing in the dynamic agricultural landscape.

Customized gold loan schemes, designed to meet individual borrower needs and fulfill diverse capital requirements.

Gold loan

Eligibility Criteria For Agriculture Gold Loan

The eligibility conditions for an Agriculture gold loan from IIFL Finance include:

  1. An individual age must be a minimum of 18 years and maximum of 70 years

  2. An individual must be a salaried, businessman, trader, farmer or self-employed professional.

  3. The gold kept as security should have a purity of 18-22 Carat

  4. The loan-to-value, or LTV, ratio is capped at 75%, meaning a maximum of 75% of the value of the gold will be given as loan.

Documents Required for Agriculture Gold loan

A gold loan borrower must submit a few documents as part of the Reserve Bank of India’s Know Your Customer (KYC) norms. Here is the list of documents:

Accepted Identity Proof
  • Aadhaar Card
  • Valid Passport
  • PAN Card
  • Valid Driving Licence
  • Voter ID Card
Accepted Address Proof
  • Aadhaar Card
  • Valid Passport
  • Rent Agreement
  • Electricity Bill
  • Bank statement
  • Valid Driving Licence
  • Voter ID Card

Gold Loan for Agriculture FAQs

An agricultural gold loan is a financial arrangement where farmers leverage their gold assets as collateral to secure funds for agricultural needs without selling the gold. The purity of gold has to be within the range of 18-22 carats.

Was this helpful?

IIFL Finance offers gold loan schemes at affordable gold loan interest rate ranging from 11.88% to 27% p.a. But it may vary from case to case depending on the loan amount and the repayment frequency.

Was this helpful?

IIFL Finance's Agriculture Gold Loan provides farmers with

  • Quick and hassle-free financial solution for farmers.

  • Competitive and cost-effective interest rates 

  • Leverages the value of gold assets as collateral.

  • Empowers agricultural communities to meet farming needs promptly.

  • Flexible repayment options

  • Allows farmers to retain ownership of their cherished gold possessions.


Was this helpful?

The maximum tenure for agriculture gold loan is 24 months

Was this helpful?

Farmer pledges the gold jewellery by visiting to the nearest IIFL Finance branch, our IIFL representative team will check the eligibility, gold purity and interest rate calculation for the desired tenure. Once the loan application gets approved the gold loan amount immediately given to the farmers.

Was this helpful?

Yes it is absolutely safe as IIFL Finance keeps your prized possessions in safe vaults and is also insured.

Was this helpful?

Yes, agri gold loan can be closed anytime subject to clearance of all dues, including interest, principal and any other applicable charges. After the loan is closed the gold pledged is returned to the customer. IIFL Finance has zero foreclosure charges

Was this helpful?

It is extremely simple. All you have to do is provide the weight of the gold you need to pledge. It could be either in grams or kilograms. The gold loan calculator on the IIFL Finance website will calculate it within seconds and tell you the loan amount that you can avail of.

Was this helpful?

You can repay through
- Mobile apps
- Directly visiting the branch and paying by cash

Was this helpful?

You can go through our website for any queries related to interest rate and eligibility, alternatively you can get in touch with customer staff by calling on 7039-050-000 for any types of gold loan queries

Was this helpful?
Show More Show Less

Other Loans

Customer Support

We are devoted to solving your queries and concerns, quickly and to your satisfaction.

IIFL Insights

Does Keeping The Gold In Bank Lockers Is It Safe?
Gold Loan Does Keeping The Gold In Bank Lockers Is It Safe?

Most Indian households own or invest in gold. How…

How To Calculate The Gold Price For Jewellery?
Gold Loan How To Calculate The Gold Price For Jewellery?

In India, gold is considered beyond just a yellow…

How To Get The Highest Value For Your Gold Pledge
Gold Loan How To Get The Highest Value For Your Gold Pledge

In the world of finance, the allure of gold exten…

Income Tax on Gold - Digital, Physical & Paper Gold in India
Gold Loan Income Tax on Gold - Digital, Physical & Paper Gold in India

When it comes to gold, we already know how revere…

Gold Loan Popular Searches