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.
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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Authors Of The Question
What is SBI Plot Loan Rate of Interest?
Arunima
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2024-01-30T11:27:27+00:00 2024-01-30T11:27:27+00:00Comment
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