Home Loan Bangalore is a one stop destination for all your home loan needs. Whether it is buying a residential plot loan or a home loan, you can get it approved easily with the help of Home Loan Bangalore. We provide home loan solutions that secure your future. Our professionals will assist at each and every step, and help you make the right decision in a prudent manner.
A residential plot loan is a secured loan that is provided against the security of land funded by the bank’s loan. Plots loans are given for residential as well as commercial purpose. Residential plot loan in Bangalore is taken by the borrower from the bank against the land that is brought on the part by the borrower giving the bank a conditional ownership of the land. It means, if the borrower fails to repay the loan amount, the bank has the right to sell the land to retrieve the loan amount.
Buying a residential plot provides enormous investment options. Most of the NRI’s who belong to Bangalore show much interest in buying residential plots in Bangalore. Residential plots in Bangalalore are highly in demand as various residential projects are coming across the city. Real estate prices are rising day by day. At Home Loan Bangalore, we provide detailed information about the residential plot loan in Bangalore.
You should be of at least 21 years and have a regular income
The residential plot loan is provided for up to 15 years by considering the retirement age.
The residential land loan rates are usually high compared to other home loans, but come with flexible repayment options.
Home Loan Bangalore assist you in getting a residential plot loan in a hassle free environment. Borrowers are assured nearly 80% of the land cost without any hidden charges. Moreover, we provide with flexible repayment options by considering your financial condition. We have experienced staff who ensures smooth and easy processing of a residential plot loan in Bangalore.
If you are interested in residential plot loan, please contact us through email or call us for further discussion.