Rajasthan Marudhara Gramin Bank Plot Loan

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Rajasthan Marudhara Gramin Bank Plot Loan Features

The Interest Rate 10.50% p.a
Time Period Up to 84 months
Loan to Value Up to 70%
Processing Fees Up to 0.50% of the loan amount

Eligibility criteria for Rajasthan Marudhara Gramin Bank Plot Loan

  • Age: will be 23 to 70 years.
  • Profile Eligibility: Resident and Non-Resident of India, should be either Salaried or Self-Employed.

Benefits Rajasthan Marudhara Gramin Bank  Plot Loan

  • Instant loan penalty within 48 hours*.Rajasthan Marudhara Gramin Bank Plot Loan

  • Online account availability.

  • Floating price options are available.

  • There are no hidden charges.

  • The maximum loan-rate ratio of up to 70%.

Plot Loan

Rajasthan Marudhara Bank plot loan is offered to the salaried and self-employed people who want financial help for purchasing a plot in India, with Rajasthan Marudhara Gramin Bank  Plot Loan the financial help is provided and the borrower can repay the loan according to the bank interest rates.

1. Tenure

The tenure for the Rajasthan Marudhara Gramin Bank Plot Loan can be 5 – 20 years.

2. Prepayment Fine

A prepayment fee is not taken by Rajasthan Marudhara Gramin Bank Plot Loan for single applicants.

3. Loan to Value Ratio‭ (‬LTV‭)‬

The LTV can be up to 70%.

4. Tax Benefits

Rajasthan Marudhara Bank Plot Loan has no tax benefits.

Types of Rajasthan Marudhara Gramin Bank  Plot Loan

Rajasthan Marudhara Gramin Bank  Plot loan

It is provided by Rajasthan Marudhara Bank Plot Loan for the purchasing of land the applicant for investing in a land of the applicant’s choice.

Rajasthan Marudhara Gramin Bank Plot with Construction Loan

This is similar to the earlier one but the applicant is also required to start construction on the land after the purchase.

Rajasthan Marudhara Gramin 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 Rajasthan Marudhara Gramin Bank Plot Loan, the 2 years, in the beginning is always fixed-rate and after that into variable-rate.

Adjustable-rate loan
In this loan by Rajasthan Marudhara Gramin Bank Plot Loan, EMI and also the principal amount is bound to change as the interest rate changes after every 6 months.

Rajasthan Marudhara Gramin Bank Plot Loan Interest Rates For self-employed Non – Professionals

Rajasthan Marudhara Gramin Bank Adjustable Home Plot Loan

Loan Plot Loan Interest Rate (%)
women (up to 30 lakh) 7.05 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

Rajasthan Marudhara Gramin Bank TruFixed Loan – 2 Year Fixed Rate Variant

Loan Plot Loan Interest Rate (%)
Women (upto 30 Lakhs) 7.50 to 8
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

Rajasthan Marudhara Gramin Bank Plot Loan Interest Rates For self-employed professionals

Rajasthan Marudhara Gramin 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

Rajasthan Marudhara Gramin 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

Rajasthan Marudhara Gramin 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

Rajasthan Marudhara Gramin Bank  Plot Loan fees and charges for self-employed

Processing fee

Up to 0.50%.

Prepayment charges

Adjustable-Rate Home Loans
– No prepayment needed

– The customer will be required to submit documents that Rajasthan Marudhara Gramin 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 Rajasthan Marudhara Gramin 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 Rajasthan Marudhara Gramin 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

Charged 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 loan term by paying the premium.

Statutory/regulatory charges

Stamp duty is paid by the borrower respectively.

List of documents

Charged Rs.500

Photocopy of documents

Charged Rs.500

Increase/decrease in loan term

Charged Rs.500

Disbursement Cheque cancellation charge post disbursement

Charged Rs.200

Re-appraisal of loan

Charged Rs.2000

PDC swap

Charged Rs.200

Rajasthan Marudhara Gramin Bank Plot Loans for salaried individuals

Who can apply Rajasthan Marudhara Gramin 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 Rajasthan Marudhara Gramin, the 2 years, in the beginning is always fixed-rate and after that into variable-rate.

Adjustable-rate loan
In this loan by Rajasthan Marudhara Gramin, EMI and also the principal amount is bound to change as the interest rate changes after every 6 months.

Rajasthan Marudhara Gramin Bank Plot Loan interest rates for salaried individuals

Adjustable Home Rate Loan

Loan Loan Interest Rates (in %)
Women (Upto 30 Lakhs) 7.05 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

 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

Rajasthan Marudhara Gramin Bank  Plot Loan fees and charges for salaried individuals

Processing fees

Up to 0.50% – 1%.

Prepayment charges

Adjustable-Rate Home Loans
– No prepayment needed

– The customer will be required to submit documents that Rajasthan Marudara Gramin 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 Rajasthan Marudhara Gramin 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 Rajasthan Marudhara Gramin 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

Charged 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 loan term by paying the premium.

Statutory/regulatory charges

Stamp duty is paid by the borrower respectively.

List of documents

Charged Rs.500

Photocopy of documents

Charged Rs.500

Increase/decrease in the loan term

Charged Rs.500

Disbursement Cheque cancellation charge post disbursement

Charged Rs.200

Re-appraisal of loan

Charged be Rs.2000

PDC swap

Charged be Rs.200

How to apply for Rajasthan Marudhara Gramin Plot Loan With DialAbank

  • For Rajasthan Marudhara Gramin Plot Loan, go to Dialabank.
  • A form will appear on your screen, you just have to fill the same and submit it.
  • That’s it, you can call Dialabank at 9878981144 if you are facing any issues.

Additional tips to get Rajasthan Marudhara Gramin Plot Loan Easily

  • Make sure you have a good loan history before applying for the loan.
  • A good credit score helps immensely
  • Make sure you have the documents for the plot you are willing to purchase. 

Rajasthan Marudhara Gramin Plot loan with Construction vs Home Loan

Parameters Plot Loan with Construction Regular Home Loan
Tenure ‬Up to 15‭ ‬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 Rajasthan Marudhara Gramin ?

The Rajasthan Marudhara Gramin Plot Loan starts at 7.00%.

 What is a Rajsthan Marudhara Gramin Plot Loan?

Rajasthan Marudhara Gramin plot loan is offered to the salaried and self-employed people who want financial help for purchasing a plot in India, with Rajasthan Marudhara Gramin Plot Loan the financial help is provided and the borrower can repay the loan according to the bank interest rates.

 How much processing fee is applicable to the Rajasthan Marudhara Gramin Plot Loan?

Rajasthan Marudhara Gramin charges up to 0.50%.

 What is the loan tenure of the Rajasthan Marudhara Gramin Plot Loan?

The Rajasthan Marudhara Gramin Plot Loan tenure be up to 84 months.

 How much EMI per Lakh can be fixed on Rajasthan Marudhara Gramin Plot Loan?

The Rajasthan Marudhara Gramin Plot Loan EMI per Lakh is ₹ 981.

 How can I avail plot loan from Rajasthan Marudhara Gramin?

You can avail of Rajasthan Marudhara Gramin Plot Loan after passing the eligibility criteria of the Rajasthan Marudhara Gramin.

 How to Apply for a Rajasthan Marudhara Gramin Plot Loan?

Please visit the website of Rajasthan Marudhara Gramin to understand the application process or you can just call Dialabank at 9878981166.

 How to repay the Rajasthan Marudhara Gramin Plot Loan earlier than the schedule?

Visit the Rajsthan Marudhara Gramin website and check if you are eligible for the earlier payment.

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

Yes, definitely possible with the Rajasthan Marudhara Gramin Plot Loan.

 How to check Rajasthan Marudhara Gramin + Plot Loan eligibility?

Please check the eligibility requirements mentioned on the Dialabank website or the website of the Rajasthan Marudhara Gramin.

 What is the Rajasthan Marudhara Gramin Plot Loan phone number?

For a Rajasthan Marudhara Gramin Plot Loan, you only have to call – 9878981166.

 What is the Rajasthan Marudhara Gramin Plot Loan interest rate for women?

For women, the Rajasthan Marudhara Gramin Plot Loan interest rate – 7.05%. 

 What is the Rajasthan Marudhara Gramin Plot Loan interest rates for salaried individuals?

Rajasthan Marudhara Gramin Plot Loan interest rate – 7.10%.

 What is the Rajasthan Marudhara Gramin Plot Loan interest rates for self-employed individuals?

 Rajasthan Marudhara Gramin Plot Loan interest rate – 7.10%.

 What is Rajasthan Marudhara Gramin Plot Loan interest rates for self-employed non-professionals?

Rajasthan Marudhara Gramin Plot Loan interest rate for Self-Employed Non-Professionals – 7.10% – 7.20%.

 How is a plot loan different from a home loan?

Few differences:

  • Tax benefits for Rajasthan Marudhara Gramin Home loan owners but no tax benefits for Rajasthan Marudhara Gramin Plot Loan.
  • Usually, the LTV in Rajasthan Marudhara Gramin Plot Loan is less i.e. up to 70% and Rajasthan Marudhara Gramin home loans can be 90%.

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

No, multiple loans are not allowed for Rajasthan Marudhara Gramin.

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

The maximum loan amount is determined by the Rajasthan Marudhara Gramin after checking your land documents.

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

Yes, a Rajasthan Marudhara Gramin Plot Loan can be used to purchase land anywhere in India.

 What is a Balance Transfer on Plot Loan?

Balance Transfer for Rajasthan Marudhara Gramin 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?

Rajasthan Marudhara Gramin Plot Loan has no tax benefits.

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

For Rajasthan Marudhara Gramin Plot Loan with Construction please check with Rajasthan Marudhara Gramin by calling Dialabank at 9878981166.

 

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