Purchase of Plot
A plot purchase loan is a type of financing provided by banks or financial institutions to help individuals buy land for residential use, typically within approved layouts or municipal limits. Compared to regular home loans, these loans usually have shorter repayment tenures of around 10–15 years and may carry slightly higher interest rates. Lenders often impose conditions such as starting construction within a certain period after purchase. Additionally, tax benefits on plot loans are limited and generally become applicable only once construction of a house begins on the land.
Overview
Invest in land strategically. Our Plot Purchase Loan helps you acquire residential plots in approved layouts, with up to 75% financing and easy conversion to a construction loan later.
Eligibility
Salaried & self-employed, aged 21–60 years
Key Features & Benefits
Finance up to 75% of value
Tenure up to 20 years
Approved layouts financed
Easy conversion to construction loan
Application process
1.Submit Enquiry
Fill the form on this page with your basic details.
2.Expert Callback
Our advisor contacts you within 30 minutes to understand your requirement.
3.Document Collection
We provide a custom document checklist and assist in gathering them.
4. Bank Submission
We submit your application to the most suitable lender on your behalf.
5. Approval & Disbursal
Receive your sanction letter and disbursement — seamlessly and on time.
