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Need Plot Loan / Land Loan for Purchase of Plot

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If you have a plot of land in mind or your want to purchase a land on which you wish to build your dream home, Major banks can help you do just that, with a Plot Loan at lowest interest rates & low EMI options. Plot Loan / Land Loan are available for purchase a plot of Non Agricultural land situated within Municipal / Local Development Authority limits.

Interest Rate: On your Plot Loan / Land Loan
Get Best Interest Rate offers one of the most competitive in the market. The Interest rate applicable is based on the bank to bank which fluctuates from time to time based on the money market conditions.To know more about Interest rates, please fill in Below form and our team will get in touch with you soon.

Home Loan applications received for rupees ₹ 419,027 crores till 19 April 2024

Compare & Get Instant Home Loan Quotes Online & Check your CIBIL score absolutely FREE.

Loan Amount
Occupation
Annual Income
City
120,17,256 loan quotes taken till now.
Home loan Interest rates starts from 6.90% for women, 6.95% for Others.

Maximum Tenure of Plot Loan / Land Loan:
You can avail Plot Loan / Land Loan with tenure up to 20 years. The term however does not extend beyond the retirement age or 60 years whichever is earlier (65 years for self employed individuals).

Plot Loan Eligibility Amount (Includes Stamp duty and Registration fees)
You can get a Plot loan of up to 75% of the Direct Allotment Letter / Registered sale deed value + stamp duty + Registration Fee or 75% of market value, whichever is lower.

You Can also get a higher Plot loan amount from all banks by including an earning co-applicant.
The actual Plot loan amount is determined taking into various account factors such as:

  • Repayment capacity
  • Age of the Plot Loan applicant
  • Educational qualifications
  • Stability and continuity of income
  • Number of dependents
  • Co-applicant’s income
  • Assets
  • Saving habits, and more

To calculate your eligibility – use our Home Loan Eligibility Calculator.

Easy Documentation, Hassle free Plot loan Process.

For processing your Plot loan / land Loan application, we’re required to adhere to certain documentation procedures. We require  the following documents

  • KYC (Know Your Customer) documents
  • Proof of Income documents and bank statements as per log-in checklist
  • Plot / Land related documents

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