{"id":715,"date":"2022-12-25T08:04:55","date_gmt":"2022-12-25T08:04:55","guid":{"rendered":"https:\/\/sahibandhu.com\/?p=715"},"modified":"2022-12-25T08:04:55","modified_gmt":"2022-12-25T08:04:55","slug":"how-can-sahibandhu-help-farmers-in-the-rabi-season","status":"publish","type":"post","link":"https:\/\/manipalfintech.com\/blog\/2022\/12\/25\/how-can-sahibandhu-help-farmers-in-the-rabi-season\/","title":{"rendered":"How Can SahiBandhu Gold Loan Help Farmers In The Rabi Season?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">A successful crop and a good harvest is every farmer\u2019s need and dream. Thus, the Rabi season is a crucial time as it is during this time that the farmers purchase seeds and other items before the actual planting begins which results in a lot of expenses that they might not be able to afford. This is where <\/span><a href=\"https:\/\/manipalfintech.com\/\"><span style=\"font-weight: 400;\">SahiBandhu Gold Loans<\/span><\/a><span style=\"font-weight: 400;\"> come to the rescue! Since a gold loan is secured, its interest rate is often lower than that of many other loans. SahiBandhu gold loans give farmers easy access to financing so they may pay for expenditures like purchasing land, equipment, seeds, and livestock farming.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What are the eligibility criteria to avail SahiBandhu Gold Loan?<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Anyone who is an Indian citizen or resident.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Anyone between 18 and 70 can pledge as collateral.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Anyone who owns even a single piece of jewelry with a minimum of 15 grams can get a gold loan.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Anyone who possesses even a single piece of jewelry weighing at least 15 grams is eligible to apply for a gold loan.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Any individual who owns gold jewelry with a purity of a minimum of 18 carats or more.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">What is the documentation required to avail a gold loan for agriculture?<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Passport size photograph<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">KYC Documents of the applicant: Passport, Voter\u2019s ID card, PAN card, Aadhaar card, Driving License, Utility Bills (Water and Electricity).<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">Why SahiBandhu?<\/span><\/h2>\n<p><b>Provide doorstep gold loan service:<\/b><span style=\"font-weight: 400;\"> It is possible to have a one-of-a-kind, flawless <\/span><span style=\"font-weight: 400;\">gold loan at your doorstep<\/span><span style=\"font-weight: 400;\">, saving you time and from having to move around with your gold jewelry. The authorized representative you choose will process the loan in the comfort of your home.<\/span><\/p>\n<p><b>Instant Loans:<\/b><span style=\"font-weight: 400;\"> The procedures involved in taking a Gold Loan are relatively faster and easier quickly when compared to other loans. When you fill out the information on the SahiBandhu website, an officer will visit your home. Upon completion of the documentation, he will appraise the gold. After the documents have been checked, the gold will be sealed in a tamper-proof bag, and the loan amount will be disbursed. Afterwards, the gold will be deposited safely in a nearby bank.<\/span><\/p>\n<p><b>Less Documentation:<\/b><span style=\"font-weight: 400;\"> Processing gold loans is easy when compared to other loans. It doesn\u2019t require tons of documentation.<\/span><\/p>\n<p><b>Affordability: <\/b><span style=\"font-weight: 400;\">With gold loans, you can borrow for up to 12 months at an affordable interest rate (starting at 8.5%).<\/span><\/p>\n<p><b>Flexible Repayment Options: <\/b><span style=\"font-weight: 400;\">You will get <\/span><a href=\"https:\/\/manipalfintech.com\/blog\/different-method-of-repaying-your-gold-loan\/\"><span style=\"font-weight: 400;\">flexible repayment options<\/span><\/a><span style=\"font-weight: 400;\"> that help you repay the loan more easily. The three modes are:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>SahiMax:<\/b><span style=\"font-weight: 400;\"> In this mode of repayment, you only must repay the monthly interest and the principal amount at the time of the loan closure.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>SahiDelight: <\/b><span style=\"font-weight: 400;\">It is a single repayment which means you must pay interest and principal amount at loan closure. This is a single repayment mode, that is, you must pay the interest and the principal amount at the time of the loan closure.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>SahiFlexi:<\/b><span style=\"font-weight: 400;\"> It is an overdraft of gold which means you must pay monthly interest as per usage. With this kind of repayment, which is like a gold overdraft, you are required to pay usage-based monthly interest.<\/span><\/li>\n<\/ul>\n<div class=\"blog-apply-now\">\n<h6>Apply now to get an instant doorstep gold loan<\/h6>\n<p><a id=\"applyNewloan\" class=\"apply-button\" href=\"https:\/\/manipalfintech.com\/\">Apply Now<\/a><\/p>\n<\/div>\n<h2><span style=\"font-weight: 400;\">Why Should You Choose SahiBandhu Gold Loan Over Any Other Loan?<\/span><\/h2>\n<table class=\"tbl-for-blog\">\n<tbody>\n<tr>\n<th><strong>Basis<\/strong><\/th>\n<th><strong>SahiBandhu Gold Loan<\/strong><\/th>\n<th><strong>Other Loans<\/strong><\/th>\n<\/tr>\n<tr>\n<td>Collateral<\/td>\n<td>Secured with Collateral<\/td>\n<td>Unsecured<\/td>\n<\/tr>\n<tr>\n<td>Interest Rate<\/td>\n<td>Low-Interest Rate<\/td>\n<td>Generally High-Interest Rate<\/td>\n<\/tr>\n<tr>\n<td>Documentation<\/td>\n<td><span style=\"font-weight: 400;\">Required only KYC documents like address proof, ID proof &amp; PAN Card.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">PAN Card, Identity proof, Address proof, income proof, bank statement, and employment details are required<\/span><\/td>\n<\/tr>\n<tr>\n<td>Processing Speed<\/td>\n<td><span style=\"font-weight: 400;\">Takes only a few minutes to complete the<\/span><\/td>\n<td>Takes longer to process sometimes weeks as there are so many documents involved.<\/td>\n<\/tr>\n<tr>\n<td>Services<\/td>\n<td>Provides doorstep service so you won\u2019t have to leave the comfort of your home.<\/td>\n<td>Provides an online service where you can upload all the documents only.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Farmers should consider gold loans as their best option as these loans have <a href=\"https:\/\/manipalfintech.com\/blog\/manipal-fintech-gold-loan-interest-rates-comprehensive-guide\/\" target=\"_blank\" rel=\"noopener\">low-interest rates<\/a>, easy processing, and minimal documentation. Since the loan is secured by gold, you don\u2019t need to worry about your credit score. Additionally, it allows you to use the unutilized gold stored in your house when you need funds. A gold loan offers several advantages over personal loans or credit card debts. Not only is it more sensible, but it is also cost-effective and readily available.<\/p>\n<div class=\"blog-apply-now\">\n<p style=\"text-align: center; color: white;\">If you own gold assets and are considering a loan, choosing doorstep services can provide you with a seamless and efficient borrowing experience.<\/p>\n<p style=\"text-align: center; color: white;\">Apply for a gold loan 24\/7 on <u><a style=\"color: gold;\" href=\"https:\/\/manipalfintech.com\/\">www.sahibandhu.com<\/a><\/u>, or call at\u00a0<u><a style=\"color: gold;\" href=\"tel: 18003098440\">18003098440<\/a><\/u><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A successful crop and a good harvest is every farmer\u2019s need and dream. Thus, the Rabi season is a crucial time as it is during this time that&hellip;<\/p>\n","protected":false},"author":1,"featured_media":721,"comment_status":"open","ping_status":"open","sticky":false,"template":"sahibandu-single-post.php","format":"standard","meta":{"footnotes":""},"categories":[43,2,4],"tags":[42,44,45,46,47],"class_list":["post-715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agri-gold-loan","category-blog","category-gold-loan","tag-agri-gold-loan","tag-agriculture-gold-loan","tag-gold-loan-for-farmers","tag-jewel-loan-for-agriculture","tag-loans-for-farmers"],"_links":{"self":[{"href":"https:\/\/manipalfintech.com\/blog\/wp-json\/wp\/v2\/posts\/715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/manipalfintech.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/manipalfintech.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/manipalfintech.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/manipalfintech.com\/blog\/wp-json\/wp\/v2\/comments?post=715"}],"version-history":[{"count":0,"href":"https:\/\/manipalfintech.com\/blog\/wp-json\/wp\/v2\/posts\/715\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/manipalfintech.com\/blog\/wp-json\/wp\/v2\/media\/721"}],"wp:attachment":[{"href":"https:\/\/manipalfintech.com\/blog\/wp-json\/wp\/v2\/media?parent=715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/manipalfintech.com\/blog\/wp-json\/wp\/v2\/categories?post=715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/manipalfintech.com\/blog\/wp-json\/wp\/v2\/tags?post=715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}