Land Purchase Loans

Secure your dream plot with our flexible land financing solutions

πŸ’° Interest Rate: From 9.0%
🏦 Loan Amount: Up to β‚Ή2 Crores

Land Loan Process Steps

1. Land Selection & Verification

Choose your plot and verify all legal documents including title deed, survey settlement, and land use permissions. Our experts assist in complete due diligence.

  • Site visit and inspection
  • Legal document verification
  • Survey settlement check
  • Land use permission validation

2. Loan Application Submission

Submit your loan application with required documents. Our team ensures complete documentation for faster processing.

  • Application form completion
  • Income and identity proofs
  • Property documents submission
  • Initial eligibility assessment

3. Technical & Legal Evaluation

Bank conducts technical valuation of the land and legal verification of all submitted documents for final approval.

  • Property valuation
  • Legal verification
  • Credit score assessment
  • Approval committee review

4. Loan Sanction & Disbursement

Upon approval, loan amount is sanctioned and disbursed either directly to seller or through escrow account.

  • Loan sanction letter
  • Registration completion
  • Fund disbursement
  • Post-disbursement formalities

Required Documents

πŸ“‹ Personal Documents

  • PAN Card & Aadhaar Card
  • Passport size photographs
  • Address proof (Utility bills/Passport)
  • Age proof (Birth certificate/10th certificate)
  • Signature verification

πŸ’Ό Income Documents

  • Salary slips (last 3 months)
  • Bank statements (last 6 months)
  • IT returns (last 2-3 years)
  • Form 16 or employment certificate
  • Bonus/incentive certificates

πŸ—ΊοΈ Land Documents

  • Title deed/Sale deed
  • Survey settlement records
  • Revenue records (7/12 extract)
  • Property card
  • Land use permission/Development plan
  • Non-agricultural (NA) permission
  • Boundary demarcation certificate
  • No-objection certificates

βš–οΈ Legal Documents

  • Agreement to sell
  • Power of attorney (if applicable)
  • Encumbrance certificate
  • Property tax receipts

Land Loan Features

Feature Details
Interest Rate 9.0% - 12.0% per annum
Loan Amount β‚Ή5 lakhs to β‚Ή2 crores
Loan-to-Value Up to 80% of land value
Repayment Tenure 5 to 15 years
Processing Fee 0.5% - 1.5% of loan amount
Land Type Residential/Commercial/Industrial
Age Limit 21 to 65 years
Down Payment Minimum 20% of land value

Types of Land We Finance

🏘️

Residential Land

Plots for residential construction including individual houses, villas, and apartment complexes in approved layouts.

  • β€’ Approved residential layouts
  • β€’ DTCP/BDA approved sites
  • β€’ Gated community plots
🏒

Commercial Land

Land for commercial development including office buildings, retail spaces, and mixed-use developments.

  • β€’ Commercial zone plots
  • β€’ Highway frontage land
  • β€’ Mixed-use development sites
🏭

Industrial Land

Land for industrial purposes including manufacturing units, warehouses, and industrial parks.

  • β€’ Industrial area plots
  • β€’ SEZ/IT park locations
  • β€’ Warehouse development sites

Eligibility Criteria

πŸ‘¨β€πŸ’Ό For Salaried Individuals

  • Minimum age: 21 years
  • Maximum age at maturity: 65 years
  • Minimum monthly income: β‚Ή30,000
  • Work experience: 2+ years
  • Current job stability: 1+ year
  • CIBIL score: 650 and above

πŸ‘¨β€πŸ’Ό For Self-Employed

  • Minimum age: 21 years
  • Maximum age at maturity: 65 years
  • Minimum annual income: β‚Ή4,00,000
  • Business vintage: 3+ years
  • ITR filing: Last 2-3 years
  • CIBIL score: 700 and above

Ready to Purchase Your Dream Land?

Get expert guidance and competitive rates for your land purchase financing needs.

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