Legal Question in Banking Law in India
Dear Sir,
Agricultural Land ( Rubber Plantations ) not accepted by banks in kerala for collatteral . Can u give the right answer.
Pls sir.
Asked on 4/14/15, 6:45 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
15.04.2015
Dear Sir / Madam,
'Whenever you need financing "No" is not the right answer ... it's your cue to look for it elsewhere'. You ought to try all co-operative banks, nationalized and scheduled banks,private banks and even foreign banks including agricultural co-operative credit societies ... you will find a lender who accepts agricultural land (rubber plantation) as collateral. You may engage the services of a local Chartered Accountant in Kerala to assist you.
Regards,
Answered on 4/14/15, 6:02 pm
Related Questions & Answers
-
N 1998 One of My friend Has taken Loan From District Co-operative central bank... Asked 4/11/15, 9:37 am in India Banking Law
-
Punishment for illegally selling vehicle with outstanding finance Asked 4/11/15, 9:04 am in India Banking Law
-
Sir i took a CASH CREDIT loan from a state cooperative bank in 1997 by creating a... Asked 4/09/15, 10:32 pm in India Banking Law
-
Hello sir, wish loan not comes under Surface Act 1.New house purchase 2.construction... Asked 4/09/15, 11:41 am in India Banking Law
-
We have material for Rs 1600000.00 to X company, Now they want a bank guarantee for... Asked 4/08/15, 11:07 pm in India Banking Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
