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Indian Bank provides agriculture jewel loans for farming needs such as the purchase of fertilizers, seeds, pesticides, and equipment required. Only farmers are eligible to get this loan by pledging their jewels. Also, they must show proof of agricultural property. For loan amount up to Rs. 3 lakhs, the borrower can get 7% interest rate as per the guidelines of the Government of India. For loan amount above Rs. 3 Lakhs, the normal gold loan interest rate will be applicable. The base rate fixed by Indian Bank is 9.45%. The interest rates may vary from time to time as per the lender’s policies and rate revisions.