3. Kisan Gold Card Scheme

Loan Amount : Maximum loan amount will be Rs. 20.00 lac.

Loan Term : Maximum 9 year in 18 half yearly installments.

Interest Type : Floating

a) Interest Chargeable (in case of Floating Rate Loans) - Ranging from 1.85% to 3.95% + BR i.e. 11.50 to 13.60 % p.a.
b) Interest Chargeable(in case of Fixed Rate Loans) - Not Applicable

Fee Payable during the term of the loan

Upfront Fee

i)Up to Rs. 2.00 lac    -  Nil
ii) Above Rs. 2.00 lac   -1.15% of the loan amount.

Inspection Charges

i) Upto Rs.25000/-  Nil
ii) > Rs. 25,000/- & upto Rs. 2 lacs: Rs.500/- p.a
iii) > Rs. 2 lacs but upto 20 lacs -Rs. 500/- per lac p.a. 

Penalty for delayed payments: @ 2% on the entire outstanding for the period of default.

EMI payable: Maximum 9 year in 18 half yearly installments.

Details of Security/ Collateral Obtained

a)  Upto Rs.l lakh-Hypothecation of Assets created out of the loans.
b) Above Rs.l Lakh (aggregate loan)-Mortgage / charge on Land (The value of land mortgage should be at least 200% of the limit sanctioned).
c) The valuation of land will be made on the basis of current sale price (cost price) ie. Minimum price fixed at which sale deeds are executed.

For further details click here

Source: https://www.sbp.co.in