|
| |
In order to procure land in India, of all the formalities that you ought to go through, one of them is applying for a loan. Get all the details pertaining to Land Loans from Indiahousing. As it appears, a host of companies have come to rule the market, with the government liberalizing its policies, as well as taking the initiative to grant advances.The State Bank of India grants loans to small and marginal farmers / landless laborers for purchase of agricultural land. Landless agricultural laborers, with record of prompt repayment of loans, are eligible to avail this loan, amounting to almost Rs.5 lac. The credit facilities for maturity of land, irrigation facilities and for cultivation of crops will also be available. A farmer will be required to contribute minimum 15% of total cost as margin from his own resources. | |
Land Loans
