answersLogoWhite

0


Best Answer

i am not sure about it but today i went to the bank for the same as i also needs loan against my agriculture land. The person there said yes to me that SBI bank gives loan against agriculture land. So i hope so that this bank gives loam against agriculture land.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Whether banks can give loan on agricultural land in India?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Movies & Television

What is the significance of India's location?

give the latitude and longitude extent of India


How India give thanks?

India is a county, an inanimate object. Inanimate objects can not give thanks.


List of chairman of all national banks and other banks in India?

hi, as i recently give my bank exam and find questions from this topic in the paper but i was unable to give the answer from this topic because most site do not update there list since year and answer the question wrong later i search the google and fine the update page of this answer so see the link and get prepare for next exam good luck http://gkawaaz.blogspot.in/2013/09/nationalised-banks-head-offices-and.html


How many nationalized banks are there in India?

please mention the various nationalized banks By the 1960s, the Indian banking industry has become an important tool to facilitate the development of the Indian economy. At the same time, it has emerged as a large employer, and a debate has ensued about the possibility to nationalise the banking industry. Indira Gandhi, the-then Prime Minister of India expressed the intention of the GOI in the annual conference of the All India Congress Meeting in a paper entitled "Stray thoughts on Bank Nationalisation." The paper was received with positive enthusiasm. Thereafter, her move was swift and sudden, and the GOI issued an ordinance and nationalised the 14 largest commercial banks with effect from the midnight of July 19, 1969. Jayaprakash Narayan, a national leader of India, described the step as a "masterstroke of political sagacity." Within two weeks of the issue of the ordinance, the Parliament passed the Banking Companies (Acquisition and Transfer of Undertaking) Bill, and it received the presidential approval on 9 August, 1969. A second dose of nationalization of 6 more commercial banks followed in 1980. The stated reason for the nationalization was to give the government more control of credit delivery. With the second dose of nationalization, the GOI controlled around 91% of the banking business of India. Later on, in the year 1993, the government merged New Bank of India with Punjab National Bank. It was the only merger between nationalized banks and resulted in the reduction of the number of nationalised banks from 20 to 19. After this, until the 1990s, the nationalised banks grew at a pace of around 4%, closer to the average growth rate of the Indian economy.


Which foreign bank has highest branches in India?

This is something that cannot be exactly calculated because almost all banks keep opening newer branches in major cities. If you take the four major cities of India (The Metro Cities) - Delhi, Bombay, Calcutta and Madras, they have numerous branches of all possible banks that are operational in India. These 4 cities individually probably have more branches than the rest of their states.

Related questions

Do indian banks send MT799...if not why...is there are any RBI restrictions against sending MT799...can you please give me the link to the restriction if possible?

India banks do send MT799. There are more than 200 branches of banks out of India.


How much foreign bank in India and give the name?

Foreign banks operate in India, just the way the local banks do. They are bound by all the rules and regulations that are applicable to banks based out of India and they are governed by the Reserve Bank of India that controls/governs all banks operating in India. Some of the foreign banks that operate in India are: 1. Citibank 2. HSBC 3. Standard Chartered 4. Barclays 5. Bank of America 6. Credit Suisse 7. Etc.


Is any banks give education loan to bsc course?

Yes, BSc is one of the courses for which banks offer education loans. you can check with State bank of India.


Can anybody open a saving account in RBI?

RBI does not give savings accounts. It is the banker of banks or the central bank of india. Regular banks in india will offer you savings accounts and the interest rate offered currently is 4% per annum.


What is the present interest rate on saving bank account by rbi?

RBI does not give savings accounts. It is the banker of banks or the central bank of india. Regular banks in india will offer you savings accounts and the interest rate offered currently is 4% per annum.


What is agriculture credit?

Commercial banks are the largest source of agricultural credit. agricultural credit means all loans,short term,medium term and long term loans which give just farmers........ these loans gives commercial banks and any other financial institutions as just like ZTBP,PRSP,IDBP,etc..... Asif Majeed and Waqas Akram...


Can you give a sentence for agricultural?

The agricultural revolution brought about better farming methods.This is agricultural land.


What does US export to India?

textiles and ready-made garments, Internet-enabled services, agricultural and related products, gems and jewelry, leather products, and chemicals.


Can you get the loan from RBI?

No. RBI is not a regular commercial bank that provides banking services to normal people. You can get loans only from regular commercial banks like SBI or ICICI. RBI will give loans only to the regular commercial banks in India.


What is the definition for agricultural technology?

you are sopose to give me the answer


What king of banks are businesses interested in?

The kind of banks that businesses are interested in are the kind that give out large loans with low interest rates. They want banks to give them a lot of investing.


Which banks give out small business loans?

Many banks give out small business loans such as Bank of America, Chase, and Wachovia.