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RESIDENTIAL PLOT LOAN
Nothing is more satisfying than building your dream home like the way you had always wanted. Loan for purchase of residential plot and construction of residential premise in an urban area.
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Found the plot of land where you want to construct your home, or you simply want to own a plot? You can purchase non-agricultural land situated within Municipal / Local Development Authority limits, whether you are salaried or self-employed through Lekha Mudra. If you want to build your dream home on the purchased plot,
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ELIGIBILITY CRITERIA
Your age should not be more than 70 years at the time of loan maturity.
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LOAN AMOUNT
Loan Amount Maximum Funding*
Upto Rs 20 lacs - 90% of market value
20 lacs to 75 lacs - 80% of market value
Above 75 lacs - 75% of market value
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OWN CONTRIBUTION
Minimum contribution required from a customer will be 10%* of the total cost of the property (inclusive of stamp duty and registration charges in case of purchase of property).
*Terms and Conditions apply