Plot Loans Services Nearby

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Top List of ~listcount~ Plot Loan Providers in Ottiyambakkam, Chennai. 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 Sep 15, 2025

V for U Financial Services

Jafferkhanpet, Chennai, 600083

4.0/5 Based on 7 Reviews

+918069875249

Loans

Response Time: Within 15 MinsDistance: 18.36 Kms

V For U Financial Services, located in Jafferkhanpet, Chennai, is a well-established financial service provider specializing in various loan products. With over 20 years of experience, they offer personalized assistance for home loans, mortgage loans, car loans, and business loans. The firm is known for its reliable and customer-focused approach, ensuring quick processing and disbursal of loans. They cater to a diverse clientele, ranging from individuals seeking personal loans to businesses in need of financial support. Their office is conveniently located behind Kasi Theatre, making it accessible to clients across Chennai.

Available Loan Types:

Offering 25+ different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹50 Lakhs and above
Depending on the type of loan

Gayathri Anand from Chennai

"Excellent service rendered by the mr. Perumal and pushparaj team at the time of taking car loan . Very fast and door step service by the team. And also renewal of insurance .. they take utmost care the remind us well before for renewing and patiently follow up till we make it done. My best wishes for the team and keep doing the best service..."

kaviraja from Chennai

"Really Fantastic job they did , Considering the situation demanded Regards Raja "

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Failed Cibli Consulting Private Limited

Chitlapakkam, Chennai, 600064

+918035424089

Loans Construction Loans Loan against Mutual Funds

+3 more

Response Time: Within 15 MinsDistance: 9.63 Kms

Are you struggling with a low CIBIL score? Facing challenges in getting a loan approved? At Failed Cibli, we specialize in credit repair, financial consulting, and loan services. With over 10 years of expertise and 1,00,000+ satisfied clients, we have successfully helped individuals and businesses improve their credit scores and secure loans hassle-free.

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LAKSHANA FIN CORPS

West Mambalam, Chennai, 600033

+918048096670

Loans

Response Time: Within 15 MinsDistance: 19.49 Kms

Welcome to LAKSHANA FIN CORPS, located in the heart of West Mambalam. Our company has been providing top-notch loan services since our establishment. With a team of dedicated employees, we offer a wide range of services including home loans, mortgage loans, non-CIBIL defaulter loans, and loans against property. Our working hours are flexible to suit your needs. Trust us to help you achieve your dreams of owning a new home or expanding your property. We cater to a variety of budgets, with loans ranging from 56 lakhs to 50 lakhs. Our services also include balance transfers for existing loans. Choose LAKSHANA FIN CORPS for hassle-free and reliable loan solutions.

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SUSMITA VINOD

Nungambakkam, Chennai, 600034

+917811823694

Loans Construction Loans Structural Adjustment Loans

Response Time: More than 60 MinsDistance: 22.01 Kms

Unsecured and secured Loan - Business Loan, Personal Loan, Professional Loan, Loan against Property, Housing Loan, Equipment Loan, school/ college, Private finance.

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Om Mahavel Fin Associates

Poonamallee, Chennai, 600056

+918035424057

Loans

Response Time: Within 15 MinsDistance: 22.71 Kms

Welcome to Om Mahavel Fin Associates! We are also providing Private Pension Loan, Bridge Loan, OCR Funding, CIBIL Rectification, Private Finance based on Property, OD, Cheque Basis for Self Employed People and Consumer Loan. We are a local business that specializes in providing loans to our customers. Our company, established in Poonamallee, offers personal loans up to 1 lakh with flexible repayment options. Our dedicated team of employees is committed to providing excellent customer service and ensuring that our clients receive the financial support they need. Whether you are looking to fund a new project, pay for unexpected expenses, or simply need some extra cash, our loan services can help. Visit us today to learn more about how we can help you achieve your financial goals.

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GKB Enterprises

Kundrathur, Chennai, 600069

+918069831659

Loans

Response Time: Within 15 MinsDistance: 17.85 Kms

GKB ENTERPRISES is a reputable and reliable business offering a wide range of loan services to cater to all your financial needs. With over 4 years of experience in the industry, our team of experts is dedicated to providing personalized solutions to our clients. We specialize in business loans, personal loans, and other types of loans, including non-CIBIL loans for individuals with a credit score above 750. Our loan options include amounts ranging from less than 10 lakhs to more than 1 crore, and we also offer flexible repayment plans. Visit us in Kundrathur to explore our services and find the best loan option for you.

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N.V Associates

Ashok Nagar, Chennai, 600083

+918048030968

Loans

Response Time: Within 15 MinsDistance: 20.05 Kms

N.V Associates is a well-established business that has been serving the community of Ashok Nagar since 2012. We offer a variety of loan services, including home loans, mortgage loans, and loans against different types of properties. With a team of dedicated professionals, we strive to provide our customers with the best loan options that suit their needs and financial situation. Our services are open to all, including those with a non-CIBIL defaulter score above 750. We also offer loans against rent receivables and properties in Lal Dora, making us a one-stop solution for all your loan needs. Our working hours are convenient for all, so come and explore our services today!

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T ROSI

Triplicane, Chennai, 600005

5.0/5 Based on 1 Reviews

+919883017672

Loans

Response Time: Within 15 MinsDistance: 23.38 Kms

Welcome to T ROSI, an established business in Triplicane offering a wide range of loan services including home loans, business loans, personal loans, and more. Our team of dedicated and experienced professionals are committed to providing the best financial solutions for your needs. We specialize in catering to individuals with low CIBIL scores as well as those with high scores. With options such as loan against cash credit, loan against overdraft, term loans, and more, we have something for everyone. Our loan amounts range from less than 1 lakh to more than 1 crore, ensuring that we have the perfect solution for your unique financial needs. Visit us today to explore our services and discover the perfect loan option for you at T ROSI.

A User from Chennai

"Loan process very good ????"

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Balasubramanian

Porur, Chennai, 600116

4.4/5 Based on 5 Reviews

Loans

Distance: 19.31 KmsSulekha score: 7

Qps financial consultant, All kind of loan services (mortgage, home, business and personal) available done here, 24/7 Services both cibil and cibil defaulter can apply here

AMEER JOHN from Chennai

"Loan amount i need Emernency "

THEANMOZHI from Chennai

"NICE RESPECT THEY GIVEN I NEED OF PERSONAL LOAN I HOPE THEM HELP IN THIS SUITATION THANKS FOR REPLY ME GOOD JOB "

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REMEDIES OF LOANS AND INVESTMENT NEEDS

Arumbakkam, Chennai, 600106

Unverified

Loans Construction Loans Loan against Mutual Funds

+3 more

Distance: 23.1 Kms

Welcome to Remedies of Loans and Investment Needs, your one-stop shop for all your financial requirements. Our business offers a wide range of loans such as vehicle loans, home loans, education loans, business loans, mortgage loans, loan against securities and cards, personal loans, project loans, NRI loans, unsecured loans, private finance loans, machinery loans, loan against insurance policy, and more. We have been in the industry for a long time and have established ourselves as a trusted and reliable source for all your loan needs. Our team of experts is dedicated to providing you with the best solutions and services. Visit us today and let us help you achieve your financial goals!

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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 Ottiyambakkam, Chennai?

Failed Cibli Consulting Private Limited
GKB Enterprises
V for U Financial Services
Balasubramanian
LAKSHANA FIN CORPS

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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Top Plot Loan in Ottiyambakkam, Chennai

What type of mortgage loan do you need?

Find the Top Plot Loan Providers from Sulekha in Ottiyambakkam, Chennai

Plot Loans Services Nearby

Top List of ~listcount~ Plot Loan Providers in Ottiyambakkam, Chennai. 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 Sep 15, 2025

V for U Financial Services

Failed Cibli Consulting Private Limited

LAKSHANA FIN CORPS

SUSMITA VINOD

Om Mahavel Fin Associates

GKB Enterprises

N.V Associates

T ROSI

Balasubramanian

REMEDIES OF LOANS AND INVESTMENT NEEDS

Recently Connected Loans in Chennai

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 Ottiyambakkam, Chennai?

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