its an irrigated agriculture land of 8 acres at bijapur,north kanataka!!!
2006-09-28 18:55:41 · 4 answers · asked by nav 1 in Business & Finance ➔ Credit
Go to your nearest bank and check it with Bank Manager for formalities.
SBI providing all types of loans. Get in touch with the bank or any financial company.
2006-09-28 19:03:25 · answer #1 · answered by Anonymous · 0⤊ 0⤋
As it is an agricultural land, only way of raising finance is to put up an agricultural project. Normally this will not be taken as collateral for any other loan also. Do you have any other income to support your requirement of Rs. 10 lacs. If Yes, you can think of personal loans.
2006-09-29 19:18:02 · answer #2 · answered by cvrk3 4 · 0⤊ 0⤋
Land as it is , especially ,agriculture land can not be mortgaged.
No financial institution ( banking or non banking ) will entertain your request.
One option you have is to start a business and approach a bank for funds .
When the ask for co lateral security offer your land.
It is a 50:50 chance .
Good luck there is nothing like trying
2006-09-28 19:19:17 · answer #3 · answered by bhimi6787 2 · 0⤊ 0⤋
You have my permission.
2006-09-29 17:51:57 · answer #4 · answered by Beejee 6 · 0⤊ 0⤋