Retail / Individual Loans
Open Plot Mortgage Loans
Leverage your open plot to raise funds for personal or business requirements. Get up to 50% of your plot's market value as loan with flexible repayment options.
Key Features
Loan Amount
Get up to 50% of plot market value
Competitive Rates
Interest rates from 11% p.a. onwards
Long Tenure
Repayment options up to 15 years
Multipurpose Use
Use funds for any purpose
Retain Ownership
Continue owning your plot
Quick Disbursement
Funds within 7-10 working days
Why Choose Us?
Unlock Value
Monetize your idle land asset
Retain Ownership
Plot remains in your name
Quick Process
Fast approval and disbursement
Expert Support
Guidance on documentation
Documents Required
Plot Documents
- Sale Deed
- Mother Deed
- Encumbrance Certificate
- Tax Receipts
- Layout Approval
Identity Documents
- PAN Card
- Aadhaar Card
- Passport Photos
Income Documents
- ITR (2-3 years)
- Bank Statements
- Business Proof (if applicable)
Frequently Asked Questions
What types of plots are eligible for mortgage?
Residential plots in approved layouts, plots with clear titles, and plots in urban/semi-urban areas are eligible. Agricultural land requires conversion to non-agricultural use.
What is the maximum loan-to-value ratio for plot mortgage?
Most lenders offer up to 50% of the plot's market value as loan. Higher LTV may be available for plots in prime locations.
Can I use the loan amount for any purpose?
Yes, plot mortgage loans are multipurpose. You can use the funds for business expansion, education, medical expenses, or any other personal needs.
What if I want to construct on the mortgaged plot later?
You can either close the plot mortgage and take a fresh construction loan, or convert to a plot plus construction loan product.