Kisan Gold Card Scheme Eligibility Farmers with excellent repayment record for at least past 5 years. New farmers are not eligible for the product. Purpose Investment credit for which term loans are ordinarily sanctioned. The scheme also includes major family expenditures like marriages and education of children. Amount of Loan Loan amount will be fixed on the basis of 5 times annual farm income or 50% of the value of the land mortgaged as collateral security whichever is less subject to a maximum of Rs.5 lacs. Repayment Repayment will be fixed extending over 6 to 7 years depending on the convenience of the farmers. Operational Procedure Separate accounts are opened for each purpose subject to a maximum of 5 accounts outstanding at any point of time. Rate of Interest Rate of interest on Kisan Gold Card Scheme will be as per Agricultural Term Loans.