various banks, interest rates, procedure of repayment, mortgage, documents required, default
2006-11-21 13:26:02 · 2 answers · asked by alok p 1 in Business & Finance ➔ Credit
Beyond Rs.2 lacs, interest rate is left to the banks. Normally the land is mortgaged to the bank for hight value loans. Repayment will coincide with the harvesting pattern of crops. Cooperative banks and the nationalised banks provide such loans. It is preferble to obtain loan from cooperaive banks, however they may not be as fast as nationalised bank.
2006-11-21 14:02:48 · answer #1 · answered by cvrk3 4 · 0⤊ 0⤋
Crop loan interest waived for farmers- The Times of India
Searchin Times of India Indiatimes WebAdvanced Search ... Crop loan interest waived for farmers [ 15 Sep, 2002 2319hrs ISTTIMES NEWS NETWORK ] ...
http://timesofindia.indiatimes.com/articleshow.asp?art_id=22296835 -
Agriculture Insurance Company Of India Ltd. :: Crop Insurance Schemes
... be at least equal to the amount of crop loan advanced. ... In matters of Crop Loan disbursement procedures, guidelines of RBI / NABARD shall be binding. ...
http://aicofindia.nic.in/crop_sch_features2.html
2006-11-23 11:57:50 · answer #2 · answered by Krishna 6 · 0⤊ 0⤋