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Do what you can, with what you have, whe

Residential Plot+ Construction

 Home Loan

New Home

Purchase Loan

Self-Construction

Home Loan

Loan For Home Extension

Residential plot+

Construction Loans

Loan For Home Improvement

NRI Home

Purchase Loans

Gram Panchayat

Home Loan

RESIDENTIAL PLOT LOAN

Nothing is more satisfying than building your dream home like the way you had always wanted. Loan for purchase of residential plot and construction of residential premise in an urban area.

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Found the plot of land where you want to construct your home, or you simply want to own a plot? You can purchase non-agricultural land situated within Municipal / Local Development Authority limits, whether you are salaried or self-employed through Lekha Mudra. If you want to build your dream home on the purchased plot,

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ELIGIBILITY CRITERIA

Your age should not be more than 70 years at the time of loan maturity.

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LOAN AMOUNT

Loan Amount Maximum Funding*

Upto Rs 20 lacs                                    -   90% of market value

20 lacs to 75 lacs                                  -   80% of market value

Above 75 lacs                                       -   75% of market value

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OWN CONTRIBUTION

Minimum contribution required from a customer will be 10%* of the total cost of the property (inclusive of stamp duty and registration charges in case of purchase of property).

*Terms and Conditions apply

 

Salaried Employees

PLOT+ LOAN

DOCUMENTS REQUIRED

Self Employed/Professionals

Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority)

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Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority)

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Education Qualifications – Latest Degree

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Latest Salary-slips for 3 months

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Form 16 for last 2 years

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Last 6 months Bank Statements(salary account)*

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Processing Fee Cheque in favors of ‘Housing Finance.’

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Photocopy of Title Documents of the Property, Approved Plan

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Age Proof (PAN Card, Passport, Any other Certificate from Statutory Authority)

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Residence Proof (Passport, Driving License, Telephone Bill, Ration Card, Election Card, Any other Certificate from Statutory Authority)

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Education Qualifications – Latest Degree ( For Professional)

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Certificate & Proof of business existence along with Business Profile

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Last 3 years Income Tax returns (self and business) with Profit & Loss Account & Balance Sheets duly certified/audited by a Chartered Accountant

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Last 12 months Bank Account Statements (self & business)

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Processing Fee Cheque in favour of  Housing Finance Ltd.’

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Photocopy of Title Documents of the Property, Approved Plan etc.

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