Corporate Site |
Hindi Marathi
[+] [-] | Skip to navigation | Skip to main content | screenreader Contrast Scheme : contrast
              1800 220 229 ,1800 103 1906,
              022 40919191
rect rect
yo You are here path  Rural path Facilities & Services path Land Development  
banner
 
Land Development
 
Purpose

Land leveling, reclamation of soil, bunding and any other soil conservation measures

Eligibility
  1. Farmers owning land
  2. Farmers cultivating registered leased land
Quantum of finance Quantum of loan will depend on the estimated cost of the project. The nature of treatment and material required per unit of land.
Security Principal/Collateral:
a) Loan limit upto Rs.1.00 lakh–

1) Term Loan Agreement

b) Loan limit above Rs.1.00 lakh -

1) Term Loan Agreement

2) Mortgage of land or declaration as per Agril. Credit Act or Collateral Security of adequate worth.

3) Third Party Guarantee.


Margin • Loan upto Rs.1.00 lakh - Nil
• Loan over Rs.1.00 lakh – 15% to 25%
Rate of interest Interest Rates as decided by the Bank from time to time.
Repayment The loan is to be repaid within 9 – 15 years in half yearly/ yearly installments depending upon the loan amount and income of the farmer from various sources with moratorium period upto 23 months.
 
 
May We Reach You ?
Track Status
Announcement        Start | Stop

We request our esteemed customers to urgently have their KYC details updated / corrected to avoid freezing of accounts new


Notice of EGM - Corrigendum


Notice of the EGM


Notice for Book Closure


MCLR w.e.f. 07.03.2017


Empanelment Of Sarfaesi Valuers


Details of unpaid / unclaimed Dividend


As part of FATCA/CRS requirements, all customers are requested to submit Declaration Form (For Individuals) / Declaration Form (For Entities) click to download with supporting documents to their Parent Branch immediately. Non-Compliance with this requirement may lead to freezing or closure of account as per guidelines.


Base Rate revised to 9.65% w.e.f 30.09.2016


List of Recovery Agents/ Enforcement Agents/Detective Agency of Lucknow Zone


List of Wilful Defaulters


Change of Registrar and Share Transfer Agent


Notice to CD Customers


Notice to Customers


Notice to SB Customers


ATM transactions for savings Bank A/c Customers


Notice for our DEMAT Account Holders


Top
arrow
images © 2012 Bank of India. All rights reserved Site best viewed in resolution of 1024x768 ipv6 ready images
rect Ac Checker
Land Development