#1
August 23rd, 2016, 11:21 AM
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Oriental Bank Of Commerce Agriculture Loan
My self Atul want to know about Oriental Bank Of Commerce, Agriculture Loan scheme here can you please get details?
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#2
August 23rd, 2016, 12:21 PM
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Re: Oriental Bank Of Commerce Agriculture Loan
Hi Atul I will let you know about Oriental Bank Of Commerce, Agriculture Loan scheme so that you can have idea. Eligibility Small & Marginal Farmers, Tenants and Share Cropper owing 5 acres of non-irrigated land or 2.5 acres of irrigated land including the land to be purchased. Amount of Loan: Maximum Rs.10 lacs. Security: Mortgage of land purchased out of Bank Finance Margin: Upto Rs. 1.00 Lac - NIL Above Rs. 1.00 lac - 10% Rate of Interest Up to Rs. 5.0 lac BR+1.00% Above Rs. 5.0 lac BR+2.00% Repayment: Loan is repayable in 7 to 12 years in HY/Yearly installments including Moratorium of Max. 24 months. Address:- Oriental Bank Of Commerce Plot No. 5, Institutional Area , Sector - 32 Gurgaon – 122001 |
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