SBI offers you the best plot loan alternatives with low SBI plot loan rate of interest. This is an SBI plot loan, sometimes referred to as a land loan, that allows a borrower to purchase a plot for building purposes. Nonetheless, the unit needs to be built within five years of the loan being approved.
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Interest rate starting 12.99%
What is the SBI Plot Loan Interest Rate?
SBI plot purchase loan interest rates are as low as 9.40% to 9.85% p.a.; however, a 750 CIBIL score is required. Interestingly, women are eligible for a 0.5% discount when buying home loans.
There will be a minimal processing fee of 0.35% of the loan amount plus taxes
What are the Basic Eligibility to Avail of a Plot Loan?The age requirement to qualify for a land loan is 18 yrs.
While 65 is the maximum age allowed
Type of resident: Indian
Loan Maximum tenure: 10 yrs
I hope this helps!
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What is SBI Plot Loan Rate of Interest?
Arunima
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1 Year
2024-01-30T11:27:27+00:00 2024-01-30T11:27:27+00:00Comment
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