SBI Plot Loan for Land Purchase - Rates, Eligibility, DocumentsSBI Agriculture Loan - | Finance, banking products, loan tips SBI Agriculture Loan - | Finance, banking products, loan tips SBI Plot Loan for Land Purchase - Rates, Eligibility, Documents12/03/2019 · Loan amount will be 85 % of the cost of the land, as assessed by the bank, subject to the maximum of Rs 5 lakhs Security. Mortgage of land to be purchased. Max. 9-10 years beginning after the expiry of gestation period, with half-yearly ;· Low Interest Rate: The agricultural loans from SBI are offered at an interest rate starting from as low as 7% per annum. He low cost minimizes the cost of borrowing for farmers and agriculturists. He low cost minimizes the cost of borrowing for farmers and (simple interest) Loan Amount. For 1st year – Based on cultivation cost, farm maintenance expenses, and post-harvest expenses After that, 5-year loan is sanctioned based on the scale of finance. Repayment. Fixed, based on the harvesting and marketing period of of Farmer's Land Purchase Scheme of SBI is to assist Small & Marginal farmers, Tenants Cultivators, Share Croppers and landless agricultural laborers for purchase of land. 1. SBI Agriculture Loan - Farmer's Land Purchase Scheme Eligibility The borrowers should have a record of prompt repayment of the loan for at least two ;· The State Bank of India (SBI) offers Realty Home Loan at low-interest rates ranging from to SBI Realty Home Loan is an ideal home financing solution for anyone who needs funds for purchasing a land (plot) and then constructing a dwelling unit on it within five years from the date of loan sanctioning.

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