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Bank of Maharashtra Agriculture Gold Loan

An agriculture term loan against pledged gold jewellery for crop, allied-activity and investment needs, up to ₹1 crore per borrower and repayable within 24 months.

Interest rate8.35% p.a. at the current one-month MCLR of 8.30% plus 0.05%.Maximum amount₹1 crore per borrower, subject to actual agriculture credit requirement and the pledged gold assessment.TenureWithin 24 months, depending on purpose.
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Quick eligibility check

Bank of Maharashtra Agriculture Gold Loan

0 of 8 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Does your annual income meet this requirement: No income floor?

Published source: Eligibility basis

2Do you meet this requirement: applicant must be engaged in agriculture or an allied activity and satisfy KYC?

Published source: Eligibility basis

3Do you meet this requirement: Only eligible gold jewellery/ornaments may be pledged?

4Do you meet this requirement: bullion and primary gold are excluded?

5Document checkDo you have this required document or proof: Loan application?

Published source: Eligibility basis

6Document checkDo you have this required document or proof: KYC documents?

Published source: Eligibility basis

7Document checkDo you have this required document or proof: 7/12 land extract?

Published source: Eligibility basis

8Document checkDo you have at least one of these required documents: Eligible gold jewellery or ornaments for pledge?

Published source: Eligibility basis
0 of 8 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byBank of Maharashtra

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeAgriculture term loan secured by pledge of eligible gold jewellery or ornaments.View source
The page classifies the facility and excludes bullion/primary gold.
Source
Agriculture Gold Loan
Page / section
Type of Loan; Security
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rate8.35% p.a. at the current one-month MCLR of 8.30% plus 0.05%.View source
The product publishes one-month +0.05%; the current notice publishes 8.30%.
Source
Agriculture Gold Loan and current notice
Page / section
Rate of Interest; page 1
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkOne-month MCLR 8.30% + 0.05%.View source
The current notice publishes one-month at 8.30%.
Source
with effect from 25.07.2026
Page / section
page 1
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNot published.View source
No fee-inclusive appears in the reviewed official sources.
Source
Agriculture Gold Loan
Page / section
Complete product table and linked current schedules
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Eligibility basisNo income floor; applicant must be engaged in agriculture or an allied activity and satisfy KYC.View source
The eligibility row states occupation and without an income threshold.
Source
Agriculture Gold Loan
Page / section
Eligibility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amount₹1 crore per borrower, subject to actual agriculture credit requirement and the pledged gold assessment.View source
The page states a ₹100 lakh maximum.
Source
Agriculture Gold Loan
Page / section
Amount
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureWithin 24 months, depending on purpose.View source
The term-loan repayment row states 24 months.
Source
Agriculture Gold Loan
Page / section
Repayment
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing feeNil up to ₹3 lakh; ₹500 above ₹3 lakh to ₹5 lakh; ₹1,000 above ₹5 lakh to ₹10 lakh; ₹1,500 above ₹10 lakh to ₹20 lakh; ₹2,000 above ₹20 lakh.View source
The page publishes all five processing-fee slabs.
Source
Agriculture Gold Loan
Page / section
Processing charges
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment charge2% of the prepaid amount when prepayment exceeds 25% of the sanctioned limit; nil when principal outstanding is below 25% of sanctioned limit; not applicable to Micro and Small Enterprises.View source
The all-credit term-loan rule applies to agriculture loans other than qualifying .
Source
Service Charges - All Credit
Page / section
Prepayment Charges - Term Loan
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Maximum ₹1 crore per borrower
  • Current formula of one-month plus 0.05%, currently 8.35% p.a.
  • Processing fee capped at ₹2,000
  • Repayment within 24 months
  • Credit for crop production, allied activities and agriculture investment

Eligibility

  • Applicant must be engaged in agriculture or an allied activity and satisfy . Only eligible gold jewellery/ornaments may be pledged; bullion and primary gold are excluded.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Loan application
  • documents
  • 7/12 land extract
  • Eligible gold jewellery or ornaments for pledge

Related official documents

Mahabank Gold Loan Scheme - Agricultureofficial-product-page · current · accessed 31 Aug 2026
↗
Bank of Maharashtra Service Charges - Commercial, MSME and Agriculture Creditofficial-pdf · current · accessed 31 Aug 2026
↗
Marginal Cost of Funds Based Lending Rates with effect from 25.07.2026official-pdf · current · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

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Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

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Purpose · Published detailCrop production, allied-activity cash credit and agriculture investment credit

This value is copied from Agriculture Gold Loan — complete published scheme table. Check the table notes before relying on it.

Source: Agriculture Gold Loan · Complete scheme table Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 10 rows · 2 columnsAgriculture Gold Loan — complete published scheme tableView tableHide table

Scroll sideways to view every column

Agriculture Gold Loan — complete published scheme table
ParticularPublished detail
PurposeCrop production, allied-activity cash credit and agriculture investment credit
TypeTerm loan
EligibilityPerson engaged in agriculture/allied activity satisfying
AmountActual credit need; maximum ₹1 crore per borrower
MarginMinimum 15%
RateOne-month +0.05%; current 8.35%
SecurityPledge of gold jewellery/ornaments; no bullion or primary gold
ProcessingNil to ₹3 lakh; ₹500 to ₹5 lakh; ₹1,000 to ₹10 lakh; ₹1,500 to ₹20 lakh; ₹2,000 above ₹20 lakh
RepaymentWithin 24 months depending on purpose
DocumentsLoan application, and 7/12 extract
Agriculture Gold Loan · Complete scheme table · accessed 31 Aug 2026Open official source ↗
Table 2 · 5 rows · 3 columnsBank of Maharashtra MCLR effective 25 July 2026View tableHide table

Scroll sideways to view every column

Bank of Maharashtra MCLR effective 25 July 2026
TenorResidual maturity p.a.
Overnight1 day7.30%
One monthMore than 1 day to 1 month8.30%
Three monthsMore than 1 month to 3 months8.55%
Six monthsMore than 3 months to 6 months8.90%
One yearMore than 6 months9.00%
with effect from 25.07.2026 · page 1 · accessed 31 Aug 2026Open official source ↗

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