Plot as security
Site Mortgage
Mortgage a clear-title site for purchase, construction, or liquidity
Finance against approved residential or commercial plots in Bangalore and other lender-approved layouts. Useful when you need funds before construction starts.
Amount
Up to ₹3 Cr
Rates from
9.50% p.a.
Tenure
Up to 15 years
Approval
After legal & technical*
Why borrowers pick this product
- A-khata / converted sites get better LTV
- Construction can be staged after the mortgage
- Joint owners can apply together
- Balance transfer of an existing plot loan
Indicative lender grid
Compare side by sideFigures are public-range illustrations for planning, not live bank APIs or guaranteed offers.
| Lender | Type | Rate | Amount | EMI / lakh | Processing | |
|---|---|---|---|---|---|---|
| State Bank of India | Nationalized Bank | 8% – 10.5% | ₹5 L – ₹40 Cr | ₹1,992 – ₹2,160 | Up to 0.35% + GST | Enquire |
| Canara Bank | Nationalized Bank | 8.15% – 11.9% | ₹5 L – ₹5 Cr | ₹2,001 – ₹2,200 | Up to 0.50% | Enquire |
| LIC Housing Finance | HFC | 8.25% – 10.8% | ₹5 L – ₹10 Cr | ₹2,008 – ₹2,155 | Up to 0.50% | Enquire |
Site purchase
Fund a plotted development with a margin you bring as down payment.
Mortgage for liquidity
Already own the site? Unlock a portion of its value without selling.
Site + construction later
Some lenders allow a construction top-up once plans are sanctioned.
Eligibility
- Clear title and marketable site
- Layout / BDA / BMRDA / approved authority papers
- Income to service the proposed EMI
- Site in a bank-approved location
Documents
- Sale deed, EC, tax paid receipts
- Khata / e-khata and conversion order if applicable
- Approved layout sketch and DC conversion
- Income and banking proofs of applicants
FAQs
Most banks prefer A-khata or fully converted sites. B-khata files need extra legal scrutiny and may be declined.
