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Plot Purchase Loan

Found the perfect plot? Now, get the right loan with just one call!

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    Tailored Loan Solutions
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    Tenure of up to 15 years
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    Loan Amount from ₹2 lakh to ₹50* lakh
Express Application

Loan Amount

1 Lakhs
2 Lakhs 50 Lakhs

Rate of Interest

1%
1 20

Loan Tenure

1 Year
1 15
Monthly EMI
₹ 8,379
Total Interest
₹ 542
Total Payment
₹ 1,00,542
Apply Now

Gross Income (Monthly)

50000
10,000 75,00,000

Tenure (Years)

1
1 30

Interest Rate (% P.A.)

1
1 25

Other EMIs (Monthly)

1000
1,000 1,00,000
Your Home Loan Eligibility
₹ 59076
Your Home Loan EMI will be
₹ 4950/Monthly
Apply Now
About Plot Purchase Loan

Looking to buy land or build your dream home? DMI Housing Finance makes it easy with plot loans starting at 9.5% interest, available in amounts from ₹2 lakh to ₹50 lakh, for purchasing and building on a plot. Our Plot Purchase Loan comes with a tenure of up to 30 years to make the repayment as convenient as possible. With digital access and branches across India, we’re here to help.

Quick Disbursal

Quick
Disbursal

Quick Disbursal

No-Hidden
Charges

Quick Disbursal

Minimum
Documentation

Quick Disbursal

Attractive
Interest Rate

Why Choose DMI Housing Finance for Plot Purchase Loans?

Eligibility Criteria
Personalized Loan Solutions: We tailor loans to fit your needs.
Credit for Construction: DMI Housing Finance not only helps you buy a plot, but we also provide credit to build your dream home or commercial infrastructure on it, as you need.
Hassle-Free Application Process: There is no need for repeated branch visits. Our agents will come to you to collect the necessary documents, making the process smooth and convenient.
Low-Income Requirement: Earning ₹10,000 per month? You are eligible!
Maximum Loan Amount: Providing the highest loan amount possible, based on a maximum Loan-to-Value (LTV) ratio as allowed by regulations, to maximize the loan amount based on your property's value.
Eligibility Criteria for Plot Loan

We believe everyone deserves a chance, regardless of their employment type or tax filing status. That’s why we offer flexible eligibility criteria for different individuals.

Eligibility for Bank-Salaried Individuals

Min Age: 21 years

Max Age: 65 years (or retirement age)

Eligible Employment Types: Private, Government, MNC, and contractual employees

Minimum Monthly Income: ₹10,000 onwards

Loan Tenure: Up to 15 years

Eligibility for Self-Employed Individuals

Min Age: 21 years

Max Age: 75 years (at the time of loan maturity)

Eligible Applicants: Business professionals and non-professional individuals who file ITR or have Informal Income Documents

Minimum Monthly Income: ₹10,000 onwards

Loan Tenure: Up to 30 years

Required Documents

  • Valid Passport
  • Voter ID
  • Aadhaar Card
  • PAN Card
  • Valid Driving License

  • Valid Passport
  • Voter ID
  • Aadhaar Card
  • PAN Card
  • Valid Driving License

  • Valid Passport
  • Voter ID
  • Aadhaar Card
  • PAN Card
  • Valid Driving License
  • Latest Electricity Bill
  • Latest Utility Bills: Telephone Bill (MTNL/BSNL/Non-Private Service Provider), Water Bill, Property Tax Receipt

  • Salary Slips for the last 3 months
  • Bank Statements for the last 6 months
  • Form – 16

  • Salary Certificate for the last 3 months

  • Latest 2-year Income Tax Return (ITR) with income computation
  • Udhyam Aadhar/Business Registration
  • Bank Statements for the last 12 months

  • Udhyam Aadhar/Business Registration
  • No ITR required
  • Bank Statements for the last 12 months

  • Title Deeds of the Plot
  • Proof of No Encumbrances on the Property
Apply for Plot Purchase Loan
Choose the Right Housing Loan for You
Home Flat
Home Loan

DMI Housing Finance offers competitive House/Flat Purchase Loans to help you own the perfect home without financial stress.

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Plot Purchase Loans
Loan Against Property

We accept houses/residential property as collateral against which we provide secured loans to self-employed individuals for business and personal needs.

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Home Construction
Home Construction Loan

DMI Housing Finance provides Construction Loans with easy terms, helping you turn your home construction plans into reality.

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Plot Purchase Loans
Home Extension Loan

Add more space to your home and happiness with DMI’s Home Extension Loan — affordable, fast, and an easy process for home improvements.

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Plot Purchase Loans
Home Renovation Loan

Give your home a fresh new look with DMI’s Home Renovation Loan— simple process, flexible terms, and a stress-free experience.

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Plot Purchase Loans
Home Loan Balance Transfer

Our home loans can be availed for Balance Transfers only on self-occupied residential properties. You can avail a maximum loan amount of ₹30 lakh.

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Plot Purchase Loans
Loan Against Plot

We accept commercial/residential plots as collateral against which we provide secured loans to self-employed individuals for business and personal needs.

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Plot Purchase Loans
Loan Against Property Balance Transfer

Our Loan Against Property Balance Transfer option allows you to unlock better rates and terms on your existing loan.

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Frequently Asked Questions (FAQs)

Find answers to all your Plot Purchase Loan questions with DMI Housing Finance

Yes, a plot loan and a land loan are generally the same. Both refer to loans intended for the purchase of a plot of land.

Yes, you can take a loan to purchase land even without approved construction plans. DMI Housing Finance does not need any approved construction plan for a plot loan.

No, you do not get tax benefits on a land loan unless you start construction. Tax benefits under sections 80C and 24(b) of the Income Tax Act are applicable only after the construction of a house on the land begins.

As per DMI Housing Finance’s policy, if you take a loan to buy a plot, you have 3 years to complete the construction. If the construction is not completed within that time, the loan will only be treated as a plot loan, meaning it won’t cover the construction part anymore.

Yes, depending on your repayment capacity, you can take both a plot loan and a home loan. Alternatively, DMI Housing Finance provides one single plot loan to purchase and construct a plot.

Our Plot loans are available for all plots within municipal or development authority-approved layouts except for agricultural land.

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