Plot Loans
A plot loan is a specialized financial product designed to help individuals purchase land or plots for residential, commercial, or agricultural purposes. LIC Housing Finance Limited offers plot loans at competitive interest rates with various flexible schemes to meet your financial needs.
Types of Plot Loans
Residential Plot Loan
Finance for purchasing residential plots in approved layouts
Commercial Plot Loan
Loans for buying plots for commercial property development
Plot and Construction Loan
Combined loan for both plot purchase and construction
LIC HFL Plot Loan Features
Competitive Interest Rates
Simple Documentation
Get Plot Loan Sanctioned Online
Takeover and Balance Transfer
Flexible Repayment Options
Quick Processing
Interest Rate on Plot Loan
Interest rates for salaried applicants start from 8.75% p.a.
Interest rates for self-employed professionals start from 9.00% p.a.
Calculator
Eligibility Criteria
Salaried Applicant
- Age: 21-65 years
- Minimum Income: ₹30,000 per month
- Work Experience: 2 years
- Stable employment history
Self Employed
- Age: 21-70 years
- Business vintage: 3+ years
- ITR for last 2 years
- Stable business income
