Home loan to buy a plot

Q: What is the procedure of getting a home loan to buy a
residential plot in Bhiwari?

Sanjay Gupta, Delhi-NCR

23rd January 2013

Home Loan in Delhi

property buying

home loan for a plot.

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Replies (6)

I want to know if there is any residential project coming in or not. Can anyone help?

Sunil Kulkarni, Pune

24th January 2013

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Hi , i think this article is very useful and you can go through it Buying a house? Get a home loan from bank . Did you check out any particular plot?

Gaurav Malik, Noida

24th January 2013

Comment

Check out in the respective bank’s website for documents required. Banks will check the eligibility based on things like age,income, other liabilities etc. After you submit your application with all the necessary details and documents, the bank will evaluate the details and let you know. After checking the repayment capacity the bank will sanction or reject the loan. You have to submit all the legal documents of the property and they will remain with the bank until the repayment is over. You can also seek the help of a property loan consultant in Bhiwadi who offer complete assistance during the process.

Sunil Sharma, Noida

24th January 2013

Comment

Before deciding on your property buying do check your home loan eligibility first. You can now check it online as several banks offer instant loans and eligibility checks in their sites. Or visit the bank where you have your salary account.,I have already faced few situation , which totaly ruined my projects. so check first

Neha Srivastava, Delhi-NCR

24th January 2013

Comment

Hi Mr Gupta, the property documents have to been verified and banks will retain the original property
documents. Search over the net for a good lender who offers you the best deal. There are many now. Do compare the interest rates of different lenders; also check the different fees imposed by the banks during the process. Think SBI offers the lowest rates now. Or check with the bank in which you have salary account.

Pavan Jain, Delhi-NCR

24th January 2013

Comment

Your eligibility for a home loan depends on your capacity for the repayment. The process is almost same with all banks. You will have to produce documents like your salary slip, bank statement, id proof etc first. First you need to know which are the banks who will appove it.

Pranjal, Delhi

24th January 2013

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