Hi,
Please let me Know whether Loan is available for purchase of Agricultutre Land
Thanks
1 Replies
DIVAKAR PATIL
(Service)
(35 Points)
Replied 24 May 2010
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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