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Home > Forum > Bangalore > Legal > Loans for DC converted land

Loans for DC converted land

Q: Do nationalized banks offer loans for DC converted plots?

dc converted land
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Replies (2)
1
DC Converted means the conversion of land from 'agricultural' to 'residential'. DC stands for District Commissioner, the officer who has the authority to approve such conversions. DC converted sites are usually eligible for bank loans.
Dilip Joshi


2
Yes nationalized banks provide loan for DC converted sites. But they would do it only on clear titles which are fulfilled by their rules and norms. This would vary from bank to bank.
Priotosh D


3

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