Frequently Asked Questions - Plot Loan
Frequently Asked Questions
Find answers to all your queries related to Plot Loan ranging from application procedure to eligibility criteria, interest rates, and documents required.
What is the minimum CIBIL score required to get a plot loan?
The minimum CIBIL score required for plot loan approval is 750 or above. With 750 or above your or eligible to get higher loan amount and also you have a scope to negotiate the interest rate.
Can I get a plot loan for purchasing agricultural or commercial property which is outside the municipality or corporation limits?
No, the plot should be within municipal or city limits and that should not be agricultural property.
How long does plot loan approval take?
It is usually sanctioned in 5-6 working days and the loan amount would be credited to your bank account in 7-8 working days. The entire process of a loan application, evaluating your application, e-sanctioning and finally, the disbursal would take around one week's time.
Will I have to visit a bank to get a land loan?
No, you do not have to visit the bank to apply for a plot loan. You can simply visit our website www.finmaket.in and apply online. Once you fill the form you will receive a call from our loan specialists to get further information about your requirements and check your eligibility criteria. If all the requirements are fulfilled we will provide you with the loan.
I have a question which is not listed here, what do I need to do?
Our loan specialists are here to help you, please feel free to contact our customer representative at 1800 572 2132. If you have a more pressing matter to discuss, feel free to visit our branches
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