Top Plot Loan Providers in Delhi - Instant Loans

Top List of 20+ Plot Loan Providers in Delhi. Get an instant Plot Loan with low interest rate, Also loan for land purchase, land loan, and more. Find the best Plot loan service providers near your location. as on Oct 06, 2024

Payback Money Mantra

Sector 10, Gurgaon, 122101

( Also serves in Delhi )

5.0/5 Based on 2 Reviews

+08069876401

+10 more

Response Time: Within 15 MinsSulekha score: 5.3

PayBack Money Mantra is a finance company located in Gurgaon, Haryana, offering a variety of customized lending solutions. Their services include personal loans, home loans, car loans, business loans, and loans against property, catering to both individuals and businesses. They pride themselves on providing personalized financial solutions with competitive interest rates, quick loan approvals, and flexible repayment options. The company is committed to empowering customers through accessible and transparent lending practices, ensuring a seamless experience from application to disbursement. Their mission focuses on financial stability and customer satisfaction, with a strong emphasis on trust, transparency, and financial education.

Available Loan Types:

Offering 10+ different types of loans

Loan Amount Range:

From ₹10 Lakhs to ₹1 Crore and above
Depending on the type of loan

Pruthimani from Gurgaon

"Nice hehshejjsmakwkjjwjwjwj"

Rajesh Kumar from Gurgaon

"Excellent services , very good communication "

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Enafwr Services

Dwarka, Delhi, 110075

+08069831447

Loans Home Loans Loan Against Property

+5 more

Response Time: More than 60 MinsSulekha score: 6.1

Enafwr Services, located in Dwarka, Delhi, specializes in providing a variety of loan services, including home loans, mortgage loans, and loans against property. They have over 10 years of experience and pride themselves on customer satisfaction, offering a 0% rejection ratio for loan applications. The company also provides loans with minimal down payment and serves clients even with lower CIBIL scores. They cater to multiple cities, including Delhi, Faridabad, and Ghaziabad, ensuring a responsive and customer-centric approach.

Available Loan Types:

Offering 5+ different types of loans

Loan Amount Range:

From ₹25 Lakhs to ₹55 Lakhs and above
Depending on the type of loan

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JKD & Associate

Mahavir Enclave, Delhi, 110045

5.0/5 Based on 5 Reviews

+09883030971

Loans Home Loans Loan Against Property

+4 more

Response Time: Within 15 MinsSulekha score: 9

We are DSA of multiple HFCs/NBFCs and leading Banks and provide our customers the best home loan options according theirs profiles and property category among the whole market.thus they not only save their valuable time but also safe them to raise unnecessary hard enquiries on their credit history. Besides our entire service management is absolutely free of any cost. our service area is entire Delhi NCR region. less

Vikram Dafauti from Delhi

"An excellent home loan se"

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Wishmore marketing

GURGAON, Gurgaon, 110075

( Also serves in Delhi )

+08043692199

Loans Business Loans Home Loans

+7 more

Response Time: Within 15 MinsSulekha score: 6.7

Wishmore Marketing, located in Gurgaon, is a prominent service provider specializing in marketing solutions for businesses. They focus on offering a range of digital marketing services such as social media management, SEO, and lead generation to help clients enhance their online presence. The company works closely with both small and medium-sized businesses, providing personalized strategies to meet their marketing goals. Their services also extend to creating innovative marketing campaigns designed to attract more customers and drive engagement

Available Loan Types:

Offering 10+ different types of loans

Loan Amount Range:

From ₹5 Lakhs to ₹1 Crore and above
Depending on the type of loan

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Fundwise Wealth Managment Consultants

Delhi Cantt, Delhi, 110045

+09883033894

Loans Business Loans CC Limit Loans

+9 more

Response Time: Within 15 MinsSulekha score: 7.1

Welcome to Fundwise Wealth Management Consultants, a reputable and established business offering a wide range of loan services to cater to your financial needs. Our team of dedicated professionals has been serving customers since 2000, providing unparalleled service and expertise in the financial industry. We offer a variety of loans including home loans, business loans, mortgage loans, personal loans, unsecured loans, and more. Our specialized s ... less

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Naman Jain

Green Park, Delhi, 110016

+08069831488

Loans Home Loans Loan Against Property

+5 more

Response Time: More than 60 MinsSulekha score: 6.5

Naman Jain, located in Green Park, Delhi, offers a range of financial and business-related services, specializing in providing tailored solutions for individual and corporate clients. The firm is known for assisting with unsecured loans, business loans, and financial advisory services, making it a popular choice for those seeking expert advice in these areas. Naman Jain’s experienced team works to understand client needs and provide the most suitable solutions, whether it's for commercial taxation, individual tax planning, or corporate advisory. With their dedication to customer satisfaction, they aim to ensure smooth and hassle-free service

Available Loan Types:

Offering 5+ different types of loans

Loan Amount Range:

From ₹20 Lakhs to ₹55 Lakhs and above
Depending on the type of loan

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Hare Krishna Financial Services

New Railway Road, Gurgaon, 122002

( Also serves in Delhi )

5.0/5 Based on 2 Reviews

+09883027707

Loans Business Loans Home Loans

+5 more

Response Time: Within 15 MinsSulekha score: 9.5

Hare Krishna Financial Services, located at 157/1 New Railway Road, Ashok Puri Extension, Gurgaon, Haryana, provides a wide range of financial solutions. Their services include working capital loans, property loans, personal and business loans, as well as home and auto loans. Registered as a proprietorship, the company operates with a focus on catering to both individuals and businesses seeking reliable financial support. Hare Krishna Financial Services is also a GST-registered entity, offering transparency and compliance in all transactions. Their commitment to customer satisfaction makes them a trusted choice in the financial sector?

Available Loan Types:

Offering 8 different types of loans

Loan Amount Range:

From ₹10 Lakhs to ₹1 Crore and above
Depending on the type of loan

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Bhawya Financial Services

Delhi, Delhi, 110085

+07569018724

Loans Business Loans CC Limit Loans

+10 more

Response Time: Within 15 MinsSulekha score: 8.4

Welcome to Bhawya Financial Services! We are a premier lending company in Delhi, offering a wide range of loan services to meet your financial needs. Our team of dedicated professionals has been providing excellent services since our establishment. With a variety of loan options such as home loans, business loans, mortgage loans, personal loans, and more, we cater to all your loan requirements. We specialize in assisting CIBIL and non-CIBIL def ... less

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Manish Aggarwal

Sector 102, Gurgaon, 122003

( Also serves in Delhi )

+08069831563

Loans Business Loans CC Limit Loans

+7 more

Response Time: More than 60 MinsSulekha score: 7.8

we are a Top Business Loan and Home Loan DSA in Delhi and Gurgaon. less

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Integrity Financial Services

Jhilmil Colony, Delhi, 110095

+08035428145

Loans Business Loans Car Loans

+12 more

Response Time: Within 15 MinsSulekha score: 7.8

Integrity Financial Services, located in Jhilmil Colony, Delhi, specializes in offering a variety of financial services, including home loans, personal loans, and mortgage services. With a dedicated team and a strong reputation for professionalism, the business aims to provide seamless financial solutions tailored to customer needs. They operate from 10:00 AM to 6:30 PM, Monday to Saturday, and offer consultation services for loans ranging from home to personal, focusing on prompt and efficient customer service. Their services cater to both individuals and businesses, ensuring that financial planning is accessible and comprehensive for all.

Available Loan Types:

Offering 10+ different types of loans

Loan Amount Range:

From ₹5 Lakhs to ₹1 Crore and above
Depending on the type of loan

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Enquire Now

Why Choose Sulekha?

Sulekha is your go-to platform for finding a wide variety of loan providers catering to diverse financial needs such as personal loans, car loans, home loans, vehicle loans, mortgage loans, education loans, and more. With Sulekha, you gain access to a comprehensive network of reputable lenders, ensuring you find the perfect match for your specific requirements. The platform simplifies your search process, saving you time and effort by connecting you with trusted professionals who can offer tailored loan solutions. Choose Sulekha for a seamless and efficient loan-seeking experience.

1. When to Consider Taking Out a Plot Loan?

Investment Opportunity: If you find a piece of land in a location with potential for future development or appreciation, a plot loan can provide the necessary funds to secure the land before prices increase.
Building a Custom Home: When you have plans to build a custom home, a plot loan allows you to purchase the land first. This gives you time to design your home and arrange for construction financing separately.
Agricultural or Commercial Use: If you're planning to use the land for agricultural purposes, such as farming or livestock, or for commercial development, a plot loan can help you acquire the necessary land to start your operations.
Retirement Planning: Some individuals buy land in desirable locations as part of their retirement planning. Owning land in a scenic or strategically located area can provide options for future development, sale, or building a retirement home.
Diversifying Assets: Investing in land can be a way to diversify your portfolio. Unlike other investments, land can offer long-term stability and potential appreciation, making it an attractive addition to your asset mix.
Immediate Funds Not Available: If you have identified the perfect plot of land but do not have the immediate funds to purchase it, a plot loan can provide the necessary capital. This allows you to secure the land while you arrange for other financing or liquidate other assets.
Better Loan Terms: When the loan terms are favorable, such as lower interest rates or flexible repayment options, it might be an opportune time to take out a plot loan. This can reduce the overall cost of borrowing and make the investment more viable.
Leveraging Tax Benefits: In some regions, there may be tax benefits associated with purchasing land, such as deductions on interest payments. Consult with a tax advisor to understand any potential tax advantages that could make a plot loan more attractive.

2. Eligibility Criteria for Taking a Plot Loan?

Age: Most lenders require applicants to be at least 21 years old, with the maximum age at loan maturity typically between 60 to 70 years. This range can vary based on whether the applicant is salaried or self-employed.
Income: Salaried individuals must have a stable income, demonstrated through payslips, income tax returns (ITRs), and bank statements. Self-employed individuals need to provide proof of business continuity and income stability through ITRs, bank statements, and business financial statements.
Employment Status: Salaried applicants should have a minimum of 2-3 years of work experience, with at least 1 year in the current job. Self-employed individuals should have been in the same business for at least 3 years to show business stability.
Credit Score: A good credit score, typically 700 and above, is crucial as it reflects the applicant's creditworthiness and ability to repay the loan. A higher score can improve the chances of loan approval and may result in better loan terms.
Loan Amount: The loan amount depends on the applicant's income and repayment capacity, with lenders generally financing up to 70-80% of the plot's value. Applicants need to make a down payment of 20-30% of the plot's value.
Property Documentation: The plot should have clear and marketable title deeds and necessary approvals from relevant authorities. Additionally, the property should be within the lender's approved locations to be eligible for financing.
Existing Liabilities: Lenders consider the applicant's existing loans and liabilities to assess their overall repayment capacity. Having minimal outstanding liabilities can positively impact loan approval.
Co-applicant: Having a co-applicant, especially one with a good credit score and stable income, can enhance eligibility. This can also increase the loan amount that can be sanctioned.
Nationality: The applicant should be a resident Indian or an NRI (Non-Resident Indian), depending on the lender's policy. Some lenders may have specific criteria for NRIs applying for plot loans.
Documents Required: Applicants need to provide identity proof (Aadhaar Card, PAN Card, Passport), address proof (utility bills, rental agreement), income proof (salary slips, ITRs, bank statements), property documents (sale deed, property tax receipts), age proof (birth certificate, passport), and employment proof (employment letter, business registration documents).

3. What are the Benefits and Advantages of a Plot Loan?

Flexibility in Construction: A plot loan offers the flexibility to design and build a home or commercial building according to your preferences and timeline, unlike ready-to-move properties. This allows for personalized planning and construction.
Appreciation Potential: Land typically appreciates over time, often at a faster rate than built-up properties. Investing in a plot can yield significant long-term returns, especially in developing areas.
Lower Interest Rates: Plot loans often come with lower interest rates compared to personal loans, making them a cost-effective financing option for purchasing land.
Loan Amount: Banks and financial institutions usually provide a high loan-to-value (LTV) ratio for plot loans, covering a significant portion of the plot's cost, thereby reducing the need for a large upfront payment.
Tax Benefits: If you plan to construct a house on the plot using a home loan, you can avail of tax benefits under Section 80C and Section 24(b) of the Income Tax Act for the principal repayment and interest paid on the loan.
Investment Diversification: Investing in land allows you to diversify your investment portfolio, providing a tangible asset that can hedge against inflation and economic downturns.
Less Depreciation: Unlike constructed properties, land does not suffer from physical depreciation, making it a more durable and lasting investment over time.
Improved Financing Options: Financial institutions may offer customized financing options for plot loans, such as longer repayment tenures and the possibility to convert the plot loan into a home loan once construction begins.
Collateral Value: Land serves as valuable collateral for future loans. Its appreciating value can provide better leverage for obtaining additional financing if needed.
Ownership Benefits: Owning a plot provides a sense of security and ownership, allowing you to use the land for various purposes, including agricultural activities, rental properties, or commercial use, depending on zoning regulations.

4. Important Factors to Consider When Taking a Plot Loan?

Loan Eligibility: Understand the eligibility criteria set by the lender. This includes age, income, employment status, credit score, and other financial obligations. Different lenders have varying requirements, so it's important to check with multiple institutions.
Interest Rates: Compare interest rates offered by different lenders. The interest rate will significantly impact your monthly EMI (Equated Monthly Installment) and the total cost of the loan. Consider both fixed and floating interest rate options.
Loan Tenure: Choose a loan tenure that suits your financial situation. A longer tenure will lower your monthly EMI but increase the total interest paid over the loan period, while a shorter tenure will increase your EMI but reduce the total interest cost.
Down Payment: Determine the down payment required by the lender. Most lenders require a certain percentage of the plot's value as a down payment. Ensure you have sufficient funds for this initial payment.
Loan-to-Value (LTV) Ratio: This ratio indicates the percentage of the plot's value that the lender is willing to finance. A higher LTV means you need to arrange a lower down payment, but it also implies higher risk for the lender, which might result in higher interest rates.
Processing Fees and Other Charges: Be aware of the various fees associated with the loan, such as processing fees, administrative charges, legal fees, and prepayment or foreclosure charges. These costs can add up and affect the overall cost of the loan.
Approval and Disbursement Time: Consider the time taken by the lender to approve and disburse the loan. Delays in disbursement can affect your plot purchase plans, especially if you have a deadline to meet.
Prepayment and Foreclosure Options: Check the terms and conditions related to prepayment and foreclosure of the loan. Some lenders charge penalties for early repayment, while others offer flexible options. Prepaying the loan can save on interest costs if allowed without heavy penalties.
Documentation: Ensure you have all the necessary documents required by the lender. This typically includes identity proof, address proof, income proof, bank statements, and property-related documents.
Legal Verification: The lender will conduct a legal verification of the plot to ensure there are no disputes or encumbrances. It's advisable to also perform your own legal due diligence to confirm the plot's clear title and ownership.
Insurance: Consider taking insurance for the plot loan to protect against unforeseen circumstances like loss of job, disability, or death. Insurance can help in repaying the loan in case of such events.
Tax Benefits: Understand the tax benefits associated with plot loans. In some countries, you may be eligible for tax deductions on the interest paid on a plot loan if the plot is used for constructing a house.

5. Plot Loan Interest Rates?

Bank Name	Interest Rate (per annum)	Loan Amount	Processing Fees	Tenure
State Bank of India	7.90% - 8.90%	Up to ₹3 Crores	0.35% of loan amount (min ₹2,000, max ₹10,000)	Up to 10 years
HDFC Bank	8.25% - 9.75%	Up to ₹10 Crores	0.50% of loan amount (min ₹3,000, max ₹10,000)	Up to 15 years
ICICI Bank	8.60% - 9.85%	Up to ₹5 Crores	0.50% of loan amount (min ₹5,000)	Up to 10 years
Axis Bank	8.40% - 9.90%	Up to ₹5 Crores	1% of loan amount (min ₹10,000)	Up to 20 years
Punjab National Bank	7.95% - 9.25%	Up to ₹3 Crores	0.35% of loan amount (min ₹2,500)	Up to 10 years
Bank of Baroda	7.85% - 9.35%	Up to ₹5 Crores	0.35% of loan amount (min ₹1,000, max ₹15,000)	Up to 15 years
Kotak Mahindra Bank	8.50% - 9.75%	Up to ₹10 Crores	0.50% of loan amount (min ₹10,000)	Up to 15 years
Canara Bank	7.95% - 9.20%	Up to ₹3 Crores	0.50% of loan amount (min ₹2,500)	Up to 10 years
Union Bank of India	8.00% - 9.50%	Up to ₹5 Crores	0.50% of loan amount (min ₹5,000)	Up to 15 years
IDBI Bank	8.35% - 9.50%	Up to ₹3 Crores	0.50% of loan amount (min ₹2,500)	Up to 10 years

Please note: Interest rates and fees can vary based on the loan amount, tenure, credit profile of the borrower, and specific bank policies. It is advisable to check with the respective bank for the most accurate and updated information.

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Most Common Questions About Plot Loans

1. Who are the best Plot Loan providers in Delhi?

2. What documents are required for a Plot Loan?

To apply for a plot loan, you typically need identification proof (like an Aadhaar card or passport), address proof (utility bills or rent agreement), income proof (salary slips or bank statements), property documents, and a completed loan application form.

3. What are the eligibility criteria for a Plot Loan?

Eligibility for a plot loan usually includes being a salaried or self-employed individual, having a stable income source, being within a certain age range (usually 21-65 years), and having a good credit score. Specific criteria may vary by lender.

4. How do I apply for a Plot Loan online?

To apply for a plot loan online, you can apply online with the Sulekha form above with your loan requirements, and connect with the best loan providers that suit your needs. Also you can visit the lender's website, fill out the application form with your personal and financial details, upload the required documents, and submit the form. The lender will review your application and contact you for further processing.

5. How can I get an instant Plot Loan?

Getting an instant plot loan involves having a good credit score, meeting the lender's eligibility criteria, and ensuring all necessary documents are ready. Some lenders offer pre-approved loans to existing customers, which can expedite the process.

6. What is the percentage rate for Plot Loan?

The interest rate for plot loans varies by lender and borrower profile but typically ranges between 8% to 12% per annum. It's advisable to check with multiple lenders to find the best rate available.

7. Can I get a Plot Loan with a low CIBIL score?

While it is challenging, some lenders may approve a plot loan with a low CIBIL score by charging a higher interest rate or requiring a co-applicant with a better credit score. It's best to improve your credit score before applying.

8. What is the processing fee for a Plot Loan?

The processing fee for a plot loan generally ranges from 0.5% to 2% of the loan amount, depending on the lender. Some lenders may offer discounts or waive the fee as part of promotional offers.

9. Can I get a Plot Loan with a bad credit score?

Obtaining a plot loan with a bad credit score is difficult but not impossible. You might need to provide additional collateral, find a co-applicant with a good credit score, or be prepared for higher interest rates. It's advisable to work on improving your credit score for better terms.

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4.3

Based on 97 Reviews

Ankit Connaught Place

13 Feb, 2023

Janasha call me to you loan paymt is dou 2 months but i chek to and not resvd any loan amount and thay say me loan is you mom name but my mom not revd any loan ok ceks and update me loan no.

Vinu Kishanganj

16 Nov, 2022

Friends when you need mortgage with best interest rate so pls use there service because thay provide me lots of options bank or nbfc companies for lap loan with lowest interest rate so interested person call him for better result

Sharma Connaught Place

10 Jun, 2022

Bakwas litterly one of janasha bank employee akash behaviour to his client was wrong misbehaved abusing to all family like this person should not be in system jisko tamiz nhi hai client ko handle krne ki agar kisi k pass is finance company k ceo ki Email address hai plz message me i want resign from him and apologize .. i want to complaint? Please Sulekha do not entertain this nbfcs. No employee has right abuse his or her client even front of him a lady was present.. such a discusting ?????s

Ashok malhotra Dabri

05 May, 2022

I got a loan against property from loanwaale .com ..i really very happy with the services and I really very grateful with office staff.

Arvind Chouhan Karol Bagh

28 Nov, 2020

Many thanks to Free Finance Services who got me a job in my difficult times by getting me a loan. Ravi Kumar ji supported me in my difficult time and got everything done and got my work done. When all the people in the market raised their hands for my work, Ravi ji handled my case. I motivate all people to take loans from free finance. Thanks again to Ravi Ji.

Devi Singh Karol Bagh

Free Finance Services is a very good company and I liked their work very much. I have been taking loans from them for the last 5 years, I have not had any problem till date and besides this, a lot of my friends have taken service from them. I am very sad to know that people are making wrong comments for them, that the work of these people could not be done. Some or the other customer only gives wrong information, due to which their work is not done. Free finance services is a very good company and has been serving people for a long time, people are deliberately making wrong comments.

Aman Delhi Cantt

10 Nov, 2019

I got doorstep and hasslefree service by these guys specially owner Rakesh Srivastava is very soft spoken and decent guy

Shaam Sundar Dwarka

25 Oct, 2019

Total Froude company Chor Malik Chor company logo ko bewkoof banana advance Lena aur bhool Jana Kabhi mat fasna iske paas

Top Plot Loan in Delhi

What type of mortgage loan do you need?

Find the Top Plot Loan Providers from Sulekha in Delhi

Top List of 20+ Plot Loan Providers in Delhi. Get an instant Plot Loan with low interest rate, Also loan for land purchase, land loan, and more. Find the best Plot loan service providers near your location. as on Oct 06, 2024

Payback Money Mantra

Enafwr Services

JKD & Associate

Wishmore marketing

Fundwise Wealth Managment Consultants

Naman Jain

Hare Krishna Financial Services

Bhawya Financial Services

Manish Aggarwal

Integrity Financial Services

Latest User Reviews for Plot Loan in Delhi

Recent Enquiries for Plot Loan in Delhi

Why Choose Sulekha?

1. When to Consider Taking Out a Plot Loan?

2. Eligibility Criteria for Taking a Plot Loan?

3. What are the Benefits and Advantages of a Plot Loan?

4. Important Factors to Consider When Taking a Plot Loan?

5. Plot Loan Interest Rates?

Most Common Questions About Plot Loans

1. Who are the best Plot Loan providers in Delhi?

2. What documents are required for a Plot Loan?

3. What are the eligibility criteria for a Plot Loan?

4. How do I apply for a Plot Loan online?

5. How can I get an instant Plot Loan?

6. What is the percentage rate for Plot Loan?

7. Can I get a Plot Loan with a low CIBIL score?

8. What is the processing fee for a Plot Loan?

9. Can I get a Plot Loan with a bad credit score?

Tips & Solutions for Applying Loan View All Blogs

Home Buying Trends 2021

Important Things That NRIs Should Know About Home Loan In India

Home Loan Agreement- Important clauses to know!

How To Avoid Rejection Of Your Personal Loan Application