Hi Enfield,
is educational loan against agricultural land sure?
Maximum loan 2 lakh per acre( one killa in punjab ) or total.
for 11 lakh loan, how many acre need to show, and how much valuation is considered by bank for one acre?
I think one acre is considered of value 1 to 2 lakh in valuation.
so, for 11 lakh loan, minimum 6 acre must be as collateral.
Is it good to apply online for education loan or not?