Indian Bank has slashed its interest rate on gold loans offered to farmers to 7 percent from 7.5 percent earlier. The bank has reduced interest rates on its short-term gold loan scheme — Bumper Agri Jewel.
The reduction has been done considering the present pandemic situation and also to provide easy credit to the needy farmers at a cheaper cost, a release said.
With effect from July 22, 2020, Agricultural Jewel Loans are sanctioned at 7 percent fixed which means it is only Rs 583 per lakh per month, the bank said. About Channel :- HyBiz Tv is India’s most watched Digital Business Channel with over One Million regular viewers. In the 10 years of its existence, HyBiz Tv has provided a platform for business houses to promote, project and propagate their products and services. Corporate videos, promotional videos, interviews, ad- films, events coverage, current relevant news, meaningful discussions on contemporary subjects have given the audience relevant content which has helped in the rapid growth of the viewership. Clients from both the Telugu states and across the country have reaped rich dividends by engaging HyBiz Tv and now this has spread all over the country..