Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Farmers Can Now Use Class 2 Land as Collateral for Loans; Circular Reinforces 1990 Policy for Better Credit Access.</h1> The Maharashtra revenue department has re-issued a circular allowing farmers with Class 2 land to use it as collateral for bank loans. This move addresses previous difficulties farmers faced due to restrictions on mortgaging such land. The decision follows concerns raised by the Satara District Central Co-operative Bank and aims to enable banks to accept Class 2 land as collateral. This policy, originally issued in 1990, is being reinforced to ensure consistent implementation across the state, allowing farmers broader access to credit. The circular has been distributed to all divisional commissioners and district collectors.