12/03/2019 · Loan amount will be 85 % of the cost of the land, as assessed by the bank, subject to the maximum of Rs 5 lakhs Security Mortgage of land to be purchased Max. 9-10 years beginning after the expiry of gestation period, with half-yearly ;· The product name for the SBI plot loan is SBI Realty Home Loan. Under this loan, a person can get a loan for purchasing a plot of land for the construction of a home. The bank requires the borrower to construct the house within 5 years from the date of sanction of the ;· SBI land loan offers a maximum loan amount of Rs15 crore. State Bank of India SBI Land Loans. The land is a good investment as it has better returns at the resale. You can also avail funds for construction based on the construction cost estimate. The processing fee applicable can be up to 040 of the loan amount min. You can browse through our How to apply for a loan for land purchase ? Depending on the bank, you can apply for a loan for land purchase online or offline. If you want to opt for an online channel, you will have to visit the bank’s official website and see if they allow online applications. If they do, you may be required to fill in certain details in the application Plot Loan for Land Purchase: Interest Rate & Check EligibilitySBI Plot Loan for Land Purchase: Interest Rate & Check EligibilityIndian Bank Plot Loan for Land Purchase: Interest Rate & Check EligibilityIndian Bank Plot Loan for Land Purchase: Interest Rate & Check EligibilityObjective of Farmer's Land Purchase Scheme of SBI is to assist Small & Marginal farmers, Tenants Cultivators, Share Croppers and landless agricultural laborers for purchase of land. 1. SBI Agriculture Loan - Farmer's Land Purchase Scheme Eligibility The borrowers should have a record of prompt repayment of the loan for at least two years. Good borrowers of other Banks may also eligible

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