SBI Plot Loan in Hindi SBI Plot Loan: If you are thinking of buying your plot somewhere and you do not have money, then in this situation you can join with SBI Plot Loan. In this article, we will provide you information about SBI Bank’s Land Loan.
in present time SBI Plot Loan Interest Rate 8.85% p.a. starts from Under this loan you 15 crores Can get loan up to Rs. You can get this plot loan for a long period of 10 years.
SBI Bank Plot Loan Name SBI Realty Home Loan That’s why if we take the name of SBI Realty Home Loan in this article, then you do not have to be confused by it.
In this article, we will know in detail what is SBI Plot Loan i.e. SBI Realty Home Loan, what is the interest rate of this loan, Eligibility, Documents and how can we apply for this loan, etc., so you can read this article Read till the end.
SBI Plot Loan in Hindi
When you take a loan to buy a plot, it is a plot loan. If your credit history is very good and you fulfill all the conditions of SBI Realty Home Loan, then you can take advantage of the bank’s attractive Plot Loan interest rate. You can apply for SBI plot loan both online and offline.
Concession in interest rate is given to women customers. SBI Bank provides loan for purchase of plot for residential construction. You have to build a house on that land within 5 years of taking the loan. The customer can also take SBI Home loan to construct a house on a plot under SBI Realty Home Loan.
Friends, many people think that home loan and plot loan are same but it is not so. Home loan and plot loan both are different loans. Under plot loan we take loan only to buy a piece of land whereas under home loan we will build our house later on that land. Both the loans work differently.
You can calculate your loan EMI with the help of online SBI Plot loan calculator by visiting the official website of SBI Bank.
HIGHLIGHTS:
| loan name | SBI Plot Loan 2022 |
| Bank | SBI Bank |
| processing fee | 0.35% of the loan amount + GST, Minimum Rs.2,000 + GST and Maximum Rs.10,000 + GST. |
| Rate of interest | Starting at 8.85% p.a. |
| loan tenure | up to 10 years |
| loan amount | up to Rs 15 crore |
| application mode | online / offline |
| official website | homeloans.sbi |
SBI Plot Loan Interest Rate 2022
in present time SBI Realty loan interest rate 8.85% p.a. starts from. The interest rate of this loan depends a lot on your Credit Score. The better your CIBIL score, the lower the interest rate you can get a loan from. Women are given interest rate concession on taking SBI plot loan.
Benefits and Features of SBI Plot Loan
- Any person can take advantage of this loan to buy land (Plot Purchase loan).
- low interest rates.
- Low processing fee.
- no hidden charges.
- No prepayment penalty.
- Interest charge on daily reducing balance.
- Women are given concession in interest rate.
- You can apply for this loan offline by visiting the official website of the bank or by visiting your nearest bank branch.
SBI Plot Loan Eligibility
- The applicant must be a permanent resident of India.
- The minimum age of the applicant should be 18 years.
- Maximum age should be 65 years.
- It will be mandatory for you to construct a house within 5 years on the plot you are buying.
SBI Plot Loan Documents required
You must have the following documents to apply;
Documents applicable for all applicants:
- employer identification card
- Complete Loan Application
- 3 passport size photos
- Proof of Identity: Voter ID Card / Passport / Driving License / IT PAN Card.
- Proof of Residence : Recent Telephone Bill / Electricity Bill / Property Tax Receipt / Passport / Voter ID Card.
- Proof of Business Address for Non-Salaried Individuals
- Statement of Bank Account/Passbook for the last six months
- Signature identification from existing bankers
- personal asset and liability statement
For Guarantor (where applicable):
- Statement of personal assets and liabilities
- 2 passport size photographs
- Proof of Identity as above
- proof of residence as above
- Proof of business address as above
- signature identification from his present bankers
Documents required for salaried individuals:
- Original salary certificate from the employer
- TDS certificate on Form 16 or copy of IT returns for the last two financial years, duly accepted by the IT department.
Documents Required for Professionals/Self Employed/Other IT Appraisers:
- Acknowledgment copies of IT returns / assessment orders for the last three years.
- Photocopy of the challan evidencing payment of advance income tax.
How to apply for SBI Plot Loan?
To take plot loan from SBI Bank, you have to apply, whose complete details are given below:
SBI Plot Loan Apply Online 2022
- After visiting the website, you will be on the home page of the site. Realty Home Loan An option will appear, click on it.
- After clicking, on the next page all the information related to SBI plot loan will appear in front of you.
- You have to read this information correctly.
- to apply Apply Now Click on the option.
- The loan application form will open in front of you.
- In this form you have to enter the requested information and click on submit.
- After you submit the form, the bank officials will contact you and the loan process will be continued further.
How to apply offline for SBI Plot Loan?
- To apply offline, you must first go to your nearest SBI Bank branch.
- Visit the bank branch and contact the bank official who will provide you complete information about the plot loan.
- Then your documents will be verified and you will have to fill a form.
- You will have to submit your necessary documents to the bank.
- If your loan is approved, the loan amount will be transferred to your bank account.
SBI Plot Loan Customer Care Number
conclusion
In this article we have given you SBI Plot Loan in Hindi Complete information about has been provided. Any person who wants to take a loan to buy land can take advantage of this loan.
If you are facing any problem in taking loan or you want to get any other information about Land Loan, then you can get information by calling the loan customer care number of the bank.
FAQ:
Yes, SBI Bank is providing loan to the customers at a low rate of interest.
You can get a maximum loan of Rs 15 crore from the bank.
At present, this interest rate starts from 8.85% per annum.