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Whether Bank is giving collateral free loans to farmers, if so to what extent?

April 26, 2017Bank collateral extent farmers Free giving Loans

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Whether Bank is giving collateral free loans to farmers, if so to what extent?

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Upto Rs.25,000/- No Collateral security is asked, above Rs.25,000 equitable mortgage of farm land or other liquid securities wherever mortgage is not possible. For Sugarcane growers with tie up arrangement with sugar factories upto Rs.1.00 lac no collateral security is asked.