Jammu And Kashmir Grameen Bank Plot Loan

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Rates as low as 6.90%*
Loans Up to 15 Crore
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Jammu And Kashmir Grameen Bank Plot Loan Features

The Interest Rate 7.20% p.a.
Time Period Up to 5 years to 20 years
Loan to Value Up to 70%
Processing Fees Up to 0.25% of the loan amount

Eligibility criteria for Jammu And Kashmir Grameen Bank Plot Loan

  • People with a common and independent source of income from Business / Business / Employment / Employment.

  • A permanent employee working for the government. / Semi-Govt. / Commitment of Public Sector / Private Bodies having completed at least 2 years of guaranteed service from the date of application. An employee must maintain his or her salary or maintain a bank and bank account or maintain his or her salary account with other banks.

  • Employees of reputable companies who have been employed for at least 3 years.

  • State / State Province. Pensioners, in addition to pensioners, receive their monthly pension from our bank of a living spouse who is eligible for a family pension.

  • Farmers / Growers / Business Men / Traders / Contractors with a minimum of two years’ term.

  • Professionals and self-employed people such as Doctors / Engineers / Builders / Chartered Accountants / Lawyers etc.

  • Minimum age: 18 years

Benefits of Jammu And Kashmir Grameen Bank Plot Loan

Jammu And Kashmir Grameen Bank Plot loan

 
  • Interest rates
    Even if you already have a plot or land loan, you can switch to Jammu And Kashmir Grameen Bank to reduce your EMI burden and unparalleled attention from our experts. You can find competitive interest price options with us. You can change your site loan to Jammu And Kashmir Grameen Bank through our Balance Transfer Center and join the Jammu And Kashmir Grameen Bank.

  • Plots of different types
    Whether your need is great or small, we support them all. You can get a loan of up to Rs 1 crore to buy a vacant lot to build a house. You can fraudulently obtain loans from popular destinations such as talukas that are easily accessible to hospitals, schools, and markets. Loans can be obtained through the purchase of a site by direct allocation and the purchase of a real estate site.

Plot Loan

Jammu And Kashmir Grameen Bank offer plot loans for both salaried and self-employed people, Plot loans from Jammu And Kashmir Grameen Bank can be used to purchase lands or plots.

1. Tenure

The time period for the Jammu And Kashmir Grameen Bank Plot Loan will be 20 years.

2. Prepayment Fine

No pre-payment charge is taken by Jammu And Kashmir Grameen Bank for single applicants.

3. Loan to Value Ratio‭ (‬LTV‭)‬

The LTV according to Jammu And Kashmir Grameen Bank is 70%.

4. Tax Benefits

For Jammu And Kashmir Grameen Bank Plot Loan, there will be no tax benefits.

Types of Jammu And Kashmir Grameen Bank  Plot Loan

Jammu And Kashmir Grameen Bank  Plot loan

This plot loan is to be provided to the applicants of the Jammu And Kashmir Grameen Bank Plot Loan, who require immediate funds to buy a plot.

Jammu And Kashmir Grameen Bank  Plot with Construction Loan

This type of loan is taken by applicants of the Jammu And Kashmir Grameen Bank Plot Loan when they plan to purchase a plot and then construct their future home over the plot.

Jammu And Kashmir Grameen Bank  plot loans for self-employed

Type of plot loans self-employed

TruFixed plot Loan – 2 Year Fixed Rate Vary
In TruFixed plot Loan by Jammu And Kashmir Grameen Bank, 

  • Before 2 years: Fixed-rate is provided.
  • After 2 years: Variable rate.

Adjustable-rate Loan
In this loan by Jammu And Kashmir Grameen Bank, the EMI and Principal amounts are subject to change after a given time period i.e. 6 months.

Jammu And Kashmir Grameen Bank Plot Loan Interest Rates For self-employed Non – Professionals

Jammu And Kashmir Grameen Bank  Adjustable Home Plot Loan

Loan Plot Loan Interest Rate (%)
women (up to 30 lakh) 7.20 to 7.55
others (up to 30 lakh) 7.10 to 7.60
women (above 30 lakh) 7.30 to 7.80
others (above 30 lakh) 7.35 to 7.85
Women (75.01 Lakhs & Above) 7.40 to 7.90
Others (75.01 Lakhs & Above) 7.45 to 7.95

Jammu And Kashmir Grameen Bank  TruFixed Loan – 2 Year Fixed Rate Variant

Loan Plot Loan Interest Rate (%)
Women (upto 30 Lakhs) 7.50 to 8.00
Others (upto 30 Lakhs) 7.55 to 8.05
Women (Above 30 Lakhs) 7.65 to 8.15
Others (Above 30 Lakhs) 7.70 to 8.20
Women (75.01 Lakhs & Above) 7.75 to 8.25
Others (75.01 Lakhs & Above) 7.80 to 8.30

Jammu And Kashmir Grameen Bank Plot Loan Interest Rates For self-employed professionals

Jammu And Kashmir Grameen Bank Adjustable Rate Plot Loan

Loan Plot Loan Interest Rates (%)
Women (upto 30 Lakhs) 7.20 to 7.70
Others (upto 30 Lakhs) 7.25 to 7.75
Women (Above 30 Lakhs) 7.45 to 7.95
Others (Above 30 Lakhs) 7.50 to 8
Women ( 75.01 Lakhs & Above) 7.55 to 8.05

Jammu And Kashmir Grameen Bank  TruFixed Loan – 2 Year Fixed Rate Variant

Loan Plot Loan Interest Rates (%)
For Women (up to 30 Lakhs) 7.65 to 8.15
For Others (up to 30 Lakhs) 7.70 to 8.20
For Women (Above 30 Lakhs) 7.80 to 8.30
For Others (Above 30 Lakhs) 7.85 to 8.35
For Women ( 75.01 Lakhs & Above) 7.90 to 8.40
For Others ( 75.01 Lakhs & Above) 7.95 to 8.45

Jammu And Kashmir Grameen Bank Plot Loan documents required for both self-employed Professionals and Non-Professionals

Requirements For Self Employed Individuals
Proof of Identity PAN Card, Passport
Proof of address Aadhar Card, Electricity/ Mobile Bill
Financial proof – ITR
– Business details, P/L statement from the business.
Other Documents – All the plot documents

Jammu And Kashmir Grameen Bank Plot Loan fees and charges for self-employed

Processing fee

Up to 0.25% is taken.

Prepayment charges

Adjustable-Rate Home Loans
– No prepayment needed

– The customer will be required to submit documents that Jammu And Kashmir Grameen Bank deems appropriate and appropriate to verify the source of the loan at the time of the payment.
Fixed-Rate Home Loans
– No advance payment is required for any partial/full payment made by your sources i.e, other banks or financial institutions
– The customer must submit documents that Jammu And Kashmir Grameen Bank deems appropriate and appropriate to determine the source of funding.
Fixed and Variable Rate Loans
During the period of Fixed-Rate:
– The client must submit documents approved by Jammu And Kashmir Grameen Bank to verify the source of the money during the repayment of the loan in advance.

During the Variable Rate:
– No prepayment will apply.
– The prepaid amount shown will apply on the date of the loan agreement.

The Conversion Fees

Name of the Service Name of the charge/fee levied When payable Frequency Amount
Switch to a lower rate in Variable Rate Loans Conversion fees On conversion On every spread change A cap of up to 50% of the original outstanding and the stipulated amount at the time of conversion or whichever is lower is Rs. 50,000,000 tax.
Switching to Variable Rate Loan from Fixed Rate Loan Conversion fees On conversion Once A cap of up to 50% of the original outstanding and the stipulated amount at the time of conversion or whichever is lower is Rs. 50,000,000 tax.
Switching from Trufixed Fixed Rate to Variable Rate Loan Conversion fees On conversion Once 1.75% original arrears and tax in excess of the undisputed amount at the time of conversion.
Switch to Lower Rate Conversion fees On conversion On every spread change Half of the spread difference on principal dues and unspecified amount plus taxes with a minimum fee of 0.5% and a maximum fee of 1.550%.
Switch to Lower Rate Conversion fees On conversion On every spread change 0.5% of tax in excess of the original outstanding and undisputed amount at the time of conversion.

Cheque dishonor charges

As per Jammu And Kashmir Grameen Bank, Rs 200.

Fees on Account of External opinion

Depending on the type of support provided, advocates and charges may be paid directly to the person concerned

Property insurance

The customer should remain active throughout the As per Jammu And Kashmir Grameen Bank plot loan term by paying the premium.

Statutory/regulatory charges

Stamp duty and MOE for Jammu And Kashmir Grameen Bank Plot Loan will be paid by the borrower.

List of documents

As per Jammu And Kashmir Grameen Bank, Rs.500

Photocopy of documents

As per Jammu And Kashmir Grameen Bank, Rs.500

Increase/decrease in the loan term

As per Jammu And Kashmir Grameen Bank, Rs.500

Disbursement Cheque cancellation charge post disbursement

As per Jammu And Kashmir Grameen Bank, Rs.200

Re-appraisal of loan

As per Jammu And Kashmir Grameen Bank, Rs.2000

PDC swap

As per Jammu And Kashmir Grameen Bank, Rs.200

Jammu And Kashmir Grameen Bank Plot Loans for salaried individuals

Who can apply for Jammu And Kashmir Grameen Bank Plot Loans for salaried individuals?

Loan Maximum Amount(in %)
Up to Rs.30 lakh up to 80%
Rs.30.01 lakh to Rs.75 lakh up to 80%
Over Rs.75 lakh up to 75%

Type of plot loans for salaried individuals

TruFixed plot Loan – 2 Year Fixed Rate Vary
In TruFixed plot Loan by Jammu And Kashmir Grameen Bank, 

  • Before 2 years: Fixed-rate is provided.
  • After 2 years: Variable rate.

Adjustable-rate Loan
In this loan by Jammu And Kashmir Grameen Bank, the EMI and Principal amounts are subject to change after a given time period i.e. 6 months.

Jammu And Kashmir Grameen Bank Plot Loan interest rates for salaried individuals

Adjustable Home Rate Loan

Loan Loan Interest Rates (in %)
Women (Upto 30 Lakhs) 7.20 to 7.55
Others (Upto 30 Lakhs) 7.10 to 7.60
Women (Above 30 Lakhs) 7.30 to 7.80
Others (Above 30 Lakhs) 7.35 to 7.85
Women (75.01 Lakhs & Above) 7.40 to 7.90
Others (75.01 Lakhs & Above) 7.45 to 7.95

TruFixed Loan – 2 Year Fixed Rate Variant

Loan Loan Interest Rates (%)
For Women (upto 30 Lakhs) 7.50 to 8
For Others (upto 30 Lakhs) 7.55 to 8.05
For Women (Above 30 Lakhs) 7.65 to 8.15
For Others (Above 30 Lakhs) 7.70 to 8.20
For Women (75.01 Lakhs & Above) 7.75 to 8.25
For Others (75.01 Lakhs & Above) 7.80 to 8.30

Jammu And Kashmir Grameen Bank Plot Loan documents required for salaried individuals

Requirements For Salaried Individuals
Proof of Identity PAN Card, Passport
Proof of address Aadhar Card, Electricity/ Mobile Bill
Financial proof – Must have last 6-month salary slips
– Credit score
Other Documents – All the plot documents

Jammu And Kashmir Grameen Bank Plot Loan fees and charges for salaried individuals

Processing fees

Up to 0.25% is taken.

Prepayment charges

Adjustable-Rate Home Loans
– No prepayment needed

– The customer will be required to submit documents that Jammu And Kashmir Grameen Bank deems appropriate and appropriate to verify the source of the loan at the time of the payment.
Fixed-Rate Home Loans
– No advance payment is required for any partial/full payment made by your sources i.e, other banks or financial institutions
– The customer must submit documents that Jammu And Kashmir Grameen Bank deems appropriate and appropriate to determine the source of funding.
Fixed and Variable Rate Loans
During the period of Fixed-Rate:
– The client must submit documents approved by Jammu And Kashmir Grameen Bank to verify the source of the money during the repayment of the loan in advance.

During the Variable Rate:
– No prepayment will apply.
– The prepaid amount shown will apply on the date of the loan agreement.

Conversion fees

Name of the Service The charge levied When payable Frequency Amount (in Rs.)
Switch to lower rate in Variable Rate Loans Conversion fees On conversion On every spread change A cap of up to 50% of the original outstanding and the stipulated amount
Switching to Variable Rate Loan from Fixed Rate Loan Conversion fees On conversion Once A cap of up to 50% of the original outstanding and the stipulated amount
Switching from Trufixed Rate to Variable Rate Loan Conversion fees On conversion Once 1.75% original arrears and tax
Switching to Lower Rate Conversion fees On conversion On every spread change A min. fee of 0.5% and a max. fee of 1.550%.
Switching to Lower Rate Conversion fees On conversion On every spread change 0.5% of taxes

Cheque dishonor charges

As per Jammu And Kashmir Grameen Bank, Rs 200.

Fees on Account of External opinion

Depending on the type of support provided, advocates and charges may be paid directly to the person concerned

Property insurance

The customer should remain active throughout the As per Jammu And Kashmir Grameen Bank plot loan term by paying the premium.

Statutory/regulatory charges

Stamp duty and MOE for Jammu And Kashmir Grameen Bank Plot Loan will be paid by the borrower.

List of documents

As per Jammu And Kashmir Grameen Bank, Rs.500

Photocopy of documents

As per Jammu And Kashmir Grameen Bank, Rs.500

Increase/decrease in the loan term

As per Jammu And Kashmir Grameen Bank, Rs.500

Disbursement Cheque cancellation charge post disbursement

As per Jammu And Kashmir Grameen Bank, Rs.200

Re-appraisal of loan

As per Jammu And Kashmir Grameen Bank, Rs.2000

PDC swap

As per Jammu And Kashmir Grameen Bank, Rs.200

How to apply for Jammu And Kashmir Grameen Bank  Plot Loan With DialAbank

  • For applying for Jammu And Kashmir Grameen Bank Plot Loan with Dialabank.
  • It’s really easy, just fill the form that is shown on the screen after you visit the Dialabank website and then submit it.
  • You may get a call from our Dialabank representative for the Jammu And Kashmir Grameen Bank Plot Loan related application.
  • Dial and call – 9878981144 if facing any issue.

Additional tips to get Jammu And Kashmir Grameen Bank  Plot Loan Easily

  • Do not apply for a loan on many aggregator websites as it indicates that you are hungry for a loan and may reduce the chances of your application being approved.
  • Don’t get yourself too much loan before applying for a plot loan – such as a personal loan or a car loan. Since home loan rates are large ticket loans this will affect your eligibility.

Jammu And Kashmir Grameen Bank  Plot loan with Construction vs Home Loan

Parameters Plot Loan with Construction Regular Home Loan
Tenure ‬Up to 15‭ – 20 ‬years Up to 30 years
Prepayment fine Free Free
Loan to Value (LTV) up to 70% up to ‬90%‭
Plot with Construction Loan interest rates The rates are similar to a home loan but can go higher. Start at 6.80%*
Tax Benefits Eligible after the construction of a building or home on the plot Home loan owners are eligible.

FAQ’s

 What is the Plot loan interest rate in the Jammu And Kashmir Grameen Bank?

The Jammu And Kashmir Grameen Bank Plot Loan starts at 7.20%.

 What is a Jammu And Kashmir Grameen Bank Plot Loan?

Jammu And Kashmir Grameen Bank offer plot loans for both salaried and self-employed people, Plot loans from Jammu And Kashmir Grameen Bank can be used to purchase lands or plots.

 How much processing fee is applicable to the Jammu And Kashmir Grameen Bank Plot Loan?

Jammu And Kashmir Grameen Bank charges up to 0.25% of the loan amount.

 What is the loan tenure of the Jammu And Kashmir Grameen Bank Plot Loan?

The Jammu And Kashmir Grameen Bank Plot Loan tenure be up to 15 – 20 years.

 How much EMI per Lakh can be fixed on Jammu And Kashmir Grameen Bank Plot Loan?

The Jammu And Kashmir Grameen Bank Plot Loan EMI per Lakh is ₹ 942 (Contact the bank for the latest rates).

 How can I avail plot loan from Jammu And Kashmir Grameen Bank?

You can avail Jammu And Kashmir Grameen Bank Plot Loan only after the eligibility criteria of the bank is passed by you.

 How to Apply for a Jammu And Kashmir Grameen Bank Plot Loan?

Please visit the website of Jammu And Kashmir Grameen Bank to understand the application process or you can just call Dialabank at 9878981166.

 How to repay the Jammu And Kashmir Grameen Bank Plot Loan earlier than the schedule?

Visit the Jammu And Kashmir Grameen Bank website and check if you are eligible for the earlier payment.

 Is it possible to repay my loan earlier than the schedule?

Yes, you can repay your loan earlier than the schedule for the Jammu And Kashmir Grameen Bank Plot Loan.

 How to check Jammu And Kashmir Grameen Bank + Plot Loan eligibility?

Please check the eligibility requirements mentioned on the Dialabank website or the website of the Jammu And Kashmir Grameen Bank.

 What is the Jammu And Kashmir Grameen Bank Plot Loan phone number?

For a Jammu And Kashmir Grameen Bank Plot Loan, you only have to call – 9878981166.

 What is the Jammu And Kashmir Grameen Bank Plot Loan interest rate for women?

For women, the Jammu And Kashmir Grameen Bank Plot Loan interest rate starts from 7.20% – 8.80%. 

 What is the Jammu And Kashmir Grameen Bank Plot Loan interest rates for salaried individuals?

Jammu And Kashmir Grameen Bank Plot Loan interest rate for Salaried Individuals – 7.20% – 9.05%.

 What is the Jammu And Kashmir Grameen Bank Plot Loan interest rates for self-employed individuals?

 Jammu And Kashmir Grameen Bank Plot Loan interest rate for Self-Employed – 7.20% – 9.05%.

 What is Jammu And Kashmir Grameen Bank Plot Loan interest rates for self-employed non-professionals?

Jammu And Kashmir Grameen Bank Plot Loan interest rate for Self-Employed Non-Professionals – 7.20% – 9.05%.

 How is a plot loan different from a home loan?

Few differences:

  • Tax benefits for Jammu And Kashmir Grameen Bank Home loan owners but no tax benefits for Jammu And Kashmir Grameen Bank Plot Loan.
  • Usually, the LTV in Jammu And Kashmir Grameen Bank Plot Loan is 70% and Jammu And Kashmir Grameen Bank home loans can be 90%.

 Can I take a plot loan along with a home loan?

No, multiple loans are not allowed for Jammu And Kashmir Grameen Bank.

 What is the maximum amount that I can take as a loan?

The maximum loan amount is determined by the Jammu And Kashmir Grameen Bank after checking your land documents.

 Can a plot loan finance an investment in any plot, anywhere?

Yes, a Jammu And Kashmir Grameen Bank Plot Loan can be used to purchase land anywhere in India.

 What is a Balance Transfer on Plot Loan?

Balance Transfer for Jammu And Kashmir Grameen Bank Plot Loan helps you lower your EMIs by transferring your remaining loan to other financial institutions to one that offers a lower interest rate.

 Do I get any tax benefits on a plot loan?

Not at the moment.

 How many years can I keep the plot of land before starting construction?

For Jammu And Kashmir Grameen Bank Plot Loan with Construction please check with the Jammu And Kashmir Grameen Bank by calling Dialabank at 9878981144.

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