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Thread: Loan for acquiring property "purchase of land"?

  1. #1
    PolicyWala NewBie
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    Default Loan for acquiring property "purchase of land"?

    I am looking to buy plot from a private builder in Greater Noida. What are possible ways of getting loan for acquiring property "purchase of land"? As far as I know -

    In general banks do not lend money for the purchase of "land". Pls guide me.



  2. #2
    PW Stalwart Master's Avatar
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    I am not sure about Home loan for plot. But I have got loan for application money funding for Gr. Noida Plot Scheme - 2009 from SBI. Please check with SBI.

  3. #3
    Moderator Expert's Avatar
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    Quote Originally Posted by TarunVir View Post
    I am looking to buy plot from a private builder in Greater Noida. What are possible ways of getting loan for acquiring property "purchase of land"? As far as I know -
    In general banks do not lend money for the purchase of "land". Pls guide me.
    Yes, It is possible. Try Punjab National Bank.
    * SAFE
    Self Appointed Financial Expert


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