Financing Purchase of House Plots
Are you having a residential plot of land in mind to buy? Realise your wishlist with our loan for purchasing house plots.
- Features & Benefits
- How to apply ?
- Indicative List of Documents Required for Loan processing
- Repayment options
- Interest Rates & Charges
- Speedy loan approval
- Get loan up to 60% of land
- Minimal documentation
- Loan amount up to Rs.25 Lakhs
- Loan is provided for purchasing house plots for subsequent construction of house.
- Loan amount up to Rs. 25 Lakhs with a margin of 40%(of cost of land as shown in sale deed + Stamp duty + Registration charges)
- Repayment period of the loan is 60 Months
- Repayment can be done as easy EMIs.
- Security for the loan will be House plot to be purchased and Interim Security for 100% of the loan amount.
Who can apply?
NRI's including salaried people, self-employed and business persons.
- Proof of Identity – Copy of Passport
- Address Proof
- Bank Statement (latest 6 months bank)
- Land Tax Receipt
- Title deed
- Any other documents as required by the bank
Repayment of the loan is made as Equated Monthly Installments (EMI). You can use any one of the ways to repay the loan:
Please visit the Interest Rates page for details