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.Home >> Loan >> Other Loan Schemes  >> >> Agriculture Loan Scheme  >> >> Purchase of Land for Agriculture Purposes

 

Purchase of Land for Agriculture Purposes
 
Purpose:
To finance purchase of land for Agriculture Purposes.
 
Eligibility:
Small & Marginal Farmers, Tenants and Share Cropper owing land upto 5 acres, including the one proposed to be purchased.
 
Amount of Loan:
Maximum Rs.10 lacs.
 
Security:
Mortgage of land purchased out of Bank Finance
 
Margin:
Upto Rs. 50,000 - NIL
Above Rs. 50,000 - 10%
 
Click Here for Rate of Interest
 
Repayment:
Within 12 years including Moratorium of Max. 24 months
 
Click here to view PLR Rates