Is it acceptable to take a loan for a temple from an individual or opt for bank loan?
Constructing a temple in your village and someone has offered a loan? Check with experts here whether it is acceptable to take a loan for a temple from an individual or the better option would be to avail of a bank loan.
My queries are-
1. Can a temple accept funds as a loan from an individual?
2. Is it a better option to avail of the loan from a local Co-op Bank?
Kindly share your expert opinion.