CMA. KIRAN VALI 09 May 2020
SHIRISH PAWAR, 7738990900 (Advocate) 09 May 2020
P. Venu (Advocate) 10 May 2020
What are the terms of the approval, esp. as to lock-in transfer?
G.L.N. Prasad (Retired employee.) 10 May 2020
Please believe me and always take such loans on vehicles from Public Sector Banks alone. Though you are not eligible for such tractor loan depending on land holdings, you can state that the tractor earns income through servicing others' lands also and also for transportation. (For agricultural alone operations the interest is most reasonable, and for transport, the rate of interest is very much less than 12%)
Dr J C Vashista (Advocate) 10 May 2020
There are various schemes for financing the agriculturist for the purchase of tractor for your self-use, which government is also educating/ advertising.
Contant nearest nationalised bank and your DC..