Agriculture Loan

Hi,

Please let me Know whether Loan is available for purchase of Agricultutre Land

 

Thanks

Replies (1)

No loan can be allowed for purchase of land by a person other than a farmer. That too in case of a farmer who alreay owns a piece of land, loan can be allowed by banks for purchase of land maximum up to 2 Ha, if the proposed land is adjoining to his existing one.

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