Legal Question in Real Estate Law in India

I am seeking education loan for studies in abroad. But SBI is not ready to take agricultural land as collateral security ? Can anyone explain why agricultural land can not be taken as collateral security ?


Asked on 3/07/11, 9:26 pm

1 Answer from Attorneys

Shrichand Nahar S.V.Nahar, Advocate

Every bank has its own rules and regulations. Since SBI is a Govt of India undertaking, you can seek clarification from SBI by invoking RTI.

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Answered on 5/17/11, 2:18 am


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