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Land-Purchase-1423x296-1

Land Purchase and Construction or Construction Loan

We at Aavas, aspire to bridge the gap between your dream home and reality. We are tailor-made for the customers who wish to buy a land or already have a land of their own and want to construct the house of their dreams.

Moreover, application processing through our smart phone application ensure faster processing of your home loan.

Features of Aavas Construction Loan

  • We provide finance for self-construction of residential house.
  • The land may be free-hold or a plot allotted by Development Authority
  • Tranch-wise disbursement as per the stage of construction
  • Attractive interest rates
  • Tenure of up to
    • o 30 years for salaried customers (from government/ PSU/ Private sector) with more than ₹ 35,000/Month
    • o 25 years for other salaried customers
    • o 20 years for self-employed customers.
  • We are a perfect partner for your preferred property, which may be:
    • o Development Authority
    • o Freehold
    • o RERA Approved Flats
    • o Nagar Palika
    • o Gram Panchayat
  • Integrated branch network that facilitates loan servicing at a branch convenient to you.

Documents Required for Land Purchase and Construction OR Construction Loan

 
 

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