abhishreshthaa
Abhijeet S
Land Purchase Scheme:
Eligibility-
Small/marginal farmers, tenants, share-croppers owning less than 5 acres of unirrigated / 2.5 acres irrigated land in their own name and landless agricultural labourers are eligible to avail loan under the scheme, provided they are our existing borrowers with record of prompt repayment of loans.
Own land before and after purchase should not exceed 5 acres irrigated / 2.5 acres irrigated.
Security-Land to be purchased with Bank finance will be mortgaged as security.
No other security will be insisted upon.
Repayment-Entire loan will be repayable in 10 years in half-yearly instalments.
Adequate gestation period will be allowed for development of land for cultivation.
Eligibility-
Small/marginal farmers, tenants, share-croppers owning less than 5 acres of unirrigated / 2.5 acres irrigated land in their own name and landless agricultural labourers are eligible to avail loan under the scheme, provided they are our existing borrowers with record of prompt repayment of loans.
Own land before and after purchase should not exceed 5 acres irrigated / 2.5 acres irrigated.
Security-Land to be purchased with Bank finance will be mortgaged as security.
No other security will be insisted upon.
Repayment-Entire loan will be repayable in 10 years in half-yearly instalments.
Adequate gestation period will be allowed for development of land for cultivation.