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Some nationalized banks don't give loans on plots; is there some way of showing this as loan for home construction?
asked Sep 7, 2017 in Home Loan by Mudit Sastri (15 points) | 27 views

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Hi Mudit, this is an interesting question. But why are you looking at complicating it so much? Best option is to go to organizations like LIC housing finance, DHFL, IIFL etc. They will give a loan for the whole house - plot  + construction. Another way is to opt for one loan for buying plot and another for construction.
Hope this answer helps.
answered Sep 10, 2017 by Sharad Basu (63 points)
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