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Plot Purchase Home Loan

A Plot Purchase Home Loan, also known as a land loan, is a financial product that helps individuals or developers purchase a piece of land or plot to build a residential property. It is ideal for those who want to buy a plot and either build a home immediately or in the future.

  • Land Ownership: Enables individuals to invest in land in desirable locations and build their homes according to their preferences.
  • Customization: Borrowers can purchase the plot and decide on construction at their convenience. They have full control over the design, architecture, and timeline of the home construction.
  • Long-Term Investment: Land is considered a valuable asset, and its price tends to appreciate over time, making plot loans a sound investment.
  • Financial Flexibility: Borrowers have the flexibility to buy the land now and build later when they are financially ready.

165+

YEARS OF EXCELLENCE

3.8+ Cr.

ACTIVE CUSTOMER BASE

1300+

BRANCHES ACROSS INDIA

₹3.9 Lakh Cr

AUM AS OF JUNE, 2023

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Reasons to Buy your Plot Purchase Home Loan from NGCFCL Finance Limited

No Branch Visits


  • No Branch Visits

    Apply from home and our team will collect the required documents from your home or office for a seamless experience.

Collateral-free Loans


  • Collateral-free Loans

    Get the loan without the need for collateral. Share key details and receive instant approval for business growth.

Instant Loan Disbursal


  • Instant Loan Disbursal

    Get instant disbursal, thanks to our efficient online processing

Convenient Online Application


  • Convenient Online Application

    Apply online in just three simple steps. No need to wait for months or go anywhere.

Tailored Repayment Options


  • Flexible Tenure

    Tailor your repayment plan to suit your financial goals with our flexible tenure options, ranging from 12 to 36 months.

Plot Purchase Home Loans Features and Benefits

Eligibility Criteria for Plot Purchase Home Loan

Go through the financial and non-financial eligibility criteria explained below to make your loan application process easy:
Non-Financial Eligibility CriteriaFinancial Eligibility Criteria

25-67 years old 

For > Rs. 10L, GST Turnover > 2cr** 

Established for a minimum of 2 years 

Business profitable for 2+ years 

CIBIL score should be 680 or higher 

No LIVE Overdraft facility  

Office set up with name board 

6 months bank statement***

On-time GST3RB and GSTR1 filings   

Active and regular GST for more than Rs. 5 Lacs* 

Documents (Digitally fetched) Required for a Plot Purchase Home Loan

Completing the Plot Purchase Home Loan applications carefully is crucial for entrepreneurs to increase their chances of approval. So, what are the documents required for a Plot Purchase Home Loan? Here’s the list of documents required for a Plot Purchase Home Loan application for different types of businesses:
Type of Loan DocumentsSole ProprietorsIndividual Business Owners

Current Account Bank Statement for the Last 6 Months

The entity name on the bank statement should match the name on the business proof submitted.

The business owner's name on the bank statement should match the name on the business proof submitted.

Business Proof Documents

1. GST Form
2.1. If the GST Form is >= 24 months old, either an Udyam Registration Certificate (URC) or any 1 of the following documents needs to be submitted:
  • FSSAI
  • Shop Act License
  • Medical Council of India
  • ICAI – Certificate of Practice
  • ICSI – Certificate of Practice
  • Import Export License
2.2: If the GST Form is less than 24 months old, then URC is mandatory

1. Udyam Registration Certificate (URC)

2.1. If the Udyam Registration Certificate is less than 24 months old, any one of the following documents needs to be submitted:

  • FSSAI
  • Shop Act License
  • Medical Council of India
  • ICAI – Certificate of Practice
  • ICSI – Certificate of Practice
  • Import Export License

Note: The issued date of the document chosen from this list should be >= to 24 months.

KYC Document


  • Aadhaar Card
  • PAN Card
  • Aadhaar Card
  • PAN Card