Land Purchase Scheme: If you want to buy a farm, take a loan from the bank, get to fill so much time

Purpose of Land Purchase Scheme‍Y:

Assisting small and marginal farmers and landless agricultural workers to purchase lands that are currently our borrowers to connect the holding sector and develop waste and humor land.

Eligibility for this?

• Small and marginal farmers in their name are less than 5 acres.
• Last two years repayment record of the borrower‍is the best.
• Others‍Excise Banks‍Borrowers of the minimum category are also eligible for the scheme provided they‍He has done his wallets in time.

Loan amount

Loans can be provided for any of these:

• Land Price‍More
• Irrigation Facilities & Land Development‍Designation‍(which should not exceed 50% of the cost of land)
• Purchase of Farming Equipment
• Registration & Registration‍Tamp Duty.

The amount of loan should not exceed 85% of the cost of land As the bank has come to mind that Maximum will not exceed Rs 5 lakh.

Security

Mortgage of land purchased

How to make a loan repayment

Featured‍Pastor Pre-Term Capture‍Half-yearly installment in maximum 9-10 years after Ti‍by t. Evolution for the land developed in this scheme‍The pre-season period is a maximum of 2 years in terms of maximum 1 year and the land developed.

How to Apply for this Loan

Contact the nearest branch of the applicant’s accommodation or then talk to the marketing officer visiting the goose.