loan for property or plot purchase


Plot / Site Purchase

Purpose: Loan for purchase of residential plot from statutory authorities like BMRDA/BDA/BIAPPA Etc..

Loan to Property cost: 75% of the property value

Loan Term: Maximum term - 10 Years

Repayment Mode: Equated Monthly Installments (EMI) - Monthly Rest Basis

Rate of Interest: 8.10% onwards ( within 2 years construction should start )

Upfront fees: As applicable from time to time

GST, as notified by the Government of India, is applicable on all fees, interest and other charges and is subject to change as per relevant regulations of the Government of India.

Terms and conditions apply / Disclaimer.

All loans are disbursed at the sole discretion of Banks. All information herein is subject to change without notice. Under no circumstances cash, bearer or blank cheque of kind should be given to any executive in connection with the loan application. Kindly note that all post dated cheques and transaction charge cheques should be crossed and issued in favour of respective banks shortlisted.

No commitments verbally or written will be given on behalf of the banks - all loans sanction / Disbursement is at the SOLE Discretion of the Bank.

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