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HDFC Bank launches farm loan product for armed forces
TIWN
TIWN
PHOTO : TIWN
Mumbai, Aug 14 (TIWN) HDFC Bank on Friday launched 'Shaurya KGC Card', for families of armed forces engaged in agricultural activities wherein the armed forces personnel will get finance for agricultural requirements like production of crop, post-harvest maintenance and consumption needs.
The landholding requirement to avail this loan has been reduced to two acres as compared to the normal requirement of five acres, the bank said. The rate of interest will be up to 7 percent.
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