Get Loan Against Vacant Agriculture Land from Genuine lenders and Finance Companies, don’t approach any unwanted Financial Institutions that advertise in Click India and Quikr. They actually say they offer you loan from the mount of 5 lakhs to 5 Crore for very low interest rate and they will also say that your agricultural land will be accepted as mortgage. If you approach different Banks like SBI, KVB, Indian Bank and IOB, they will take the process and say it will take some more to get processed but in the mean time there are so many lenders like Reliance, G Money etc. who will give you soon but the interest rate is very high. If you want the list of providers who are ready to finance for your land document or House, then Just Dial is the best and top option as it has more contacts with local phone numbers and their email ids.
But why even bank is not ready to accept agri land as a security, it is mainly because it wont be that much worth like other flat or apartments. Instead of wasting time and struggling with the Bank officers, it is better to approach any of the financial providers and get your loan processed quickly and start your own business, it is known as loan against mortgage. If you have account already in the specific bank then it is very easy to obtain the money.