The loan is given for the purchase of a plot of land.
Minimum age 18 years Maximum age 60 years
Loan Tenure As per Bank Policy
Interest rate loan starts from 8.50%
DOCUMENTS
driving license,
utility bill electricity,
ration card,
Bank statement
Land loan approval will take at least 1 week.
Loan amount starts from 75% of the property value.
The construction of the house has to be started within 2 years after the land loan disbursement.
Land Plot Loans extendable up to 15 years