How To Get SBI Plot Loan

Riya KapoorMarch 16, 2022

2 minutes read

Table of Contents

You can build your dream home by taking SBI Plot Loan. In today’s post, you will know the complete information about SBI Loan and sbi Plot Loan Interest Rate, Eligibility, Documents, Processing Fee, and all this will be told to you in detail through this post.

SBI Plot Loan Details

Friends, SBI gives personal loans and home loans to its customers. SBI also provides plot loans. With the help of this loan, you can buy your desired lot very quickly. SBI Plot Loan offers plot loan amount up to Rs.15 crore to its customers for 10 years at an interest rate of 7.65% per annum and a processing fee of 0.40%.

How much does SBI give plot loan amount?

Friends, SBI gives plot loan amounts to its customers according to their requirements. In the same way, we talk about how much SBI Plot Loan amount is available. SBI gives plot loan amount up to ₹ 150000000 to its customers.

What is SBI Plot Loan Interest Rate?

Friends, SBI gives plot loans to its customers with desirable offers. Let us tell you that on SBI Plot Loan, you get an interest rate of 7.65% per annum. The interest rate on SBI Loan is shallow compared to other banks, and you can take advantage of it.

What is the tenure of the SBI Plot Loan?

Friends, before taking a loan from any bank, you must check the bank from which you are taking the plot loan how much time the bank gives you to repay the loan amount. Because this information is essential for you, you should know it first. Now let’s talk about SBI Plot Loan. Friends, you get 10 years to repay the SBI loan amount. This is a long time to get the plot loan amount back.

Documents Required for State Bank of India Plot Loan Application?

For identity proof, you have to give your ration card, PAN card, voter ID card.
For residence proof, you have to have your Aadhar Card, Electricity Bill, Passport.
Form 16 Latest
Bank account details for the last 6 months
Eligibility Criteria for State Bank of India Plot Loan
4 photographs of the applicant

SBI Plot Loan Eligibility Criteria

It is necessary to be a resident of India applying for an SBI Plot Loan.
Applicant’s age should be minimum of 18 years and a maximum of 70 years.
The applicant must have a good loan repayment record.
You must have all the documents.
The applicant must have the registry of the plot.

How to Apply SBI Plot Loan Online?

To apply for SBI Plot Loan, first go to the official website of SBI.
Now, you have to fill out the SBI Loan Application Form.
Submit whatever documents you have been asked for.
After this, the bank will verify all your documents, and the plot loan will be approved.
Plot Loan amount is directly transferred to your bank account.

How to Apply for SBI Plot Loan?

Friends, if you want to apply for SBI Plot Loan offline, then, first of all, go to the nearest branch of SBI and get complete information about SBI Loan.
Get Plot Loan Application Form from SBI Bank.
After that, fill out the application form correctly – your name, address, plot details, etc.
After that, fill out the application form correctly – your name, address, plot details, etc.
After that, submit the application form to the bank.
After checking the bank’s integrity of your plot loan application, your plot loan will be approved.