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In fact most nationalised banks have facilities for farmers to make the most of low agriculture. Generally it ranges between 10 pa.
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Nationalised banks that provide agricultural loans include Punjab National Bank Union Bank of India UCO Bank Vijaya Bank United Bank of India Syndicate Bank Oriental Bank of Commerce Dena Bank Allahabad Bank Andhra Bank Bank of Baroda and Indian Bank only to name a few.
. The interest rate of commercial vehicle varies from bank to bank. After evaluating the documents and the profile of any individual borrower the banklending entity confirms the final rate of interest to be charged for that profile. The amount is fixed by the lenders on the basis of the customer and the segment of vehicle.
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