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
-
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.