About Poonawalla Housing Finance Home Construction and Plot Purchase Plus Construction Loan

Building your own dream home is now possible. From choosing a plot for construction to building a house brick by brick, the journey of making your dream home gets a helping hand with our affordable and tailor-made loan offering.

While building your own home gives you the freedom to develop as per your needs, it also requires ample funds. Whether you need a loan for house construction or plot purchase plus construction, understanding your needs, we offer completely transparent loan with no hidden charges starting ₹5 Lakh at competitive interest rates.

Features & Benefits

Below are the exclusive features for Home Construction and Plot purchase plus Construction Loan:

• Affordable loan for self-construction or plot purchase plus construction
• Competitive interest rates
• Loan start from ₹5 lakhs
• Up to 30 years of loan tenure
• No hidden charges or costs are applicable
• Easy application with minimal documentation
• Simple eligibility criteria

Interest Rates

At Poonawalla Housing Finance, we provide loan for Plot purchase plus construction and home construction for affordable interest rates, starting 9.50% per annum. Click here to know more about our home construction loan interest rates.

Eligibility Criteria

Your eligibility criteria for loans on purchase of land and home construction vary from lender to lender. With Poonawalla Housing Finance, you can avail loan for Plot purchase plus construction and loan for home construction by fulfilling simple eligibility criteria:

• Age between 21 to 65 years
• Monthly income of at least ₹25,000
• Minimum working experience of two years
• Self-owned property
• In Plot plus construction cases, construction should start within 12 months.
• Only residential plot purchase plus construction is allowed

Below are the documents required for home construction and Plot purchase plus construction loan:

• KYC documents (Your valid Id and Address proofs)
• Proof of Residence
• Income documents
• Property documents
• Employment certificate
• Estimate for renovation
• Estimate for home construction

How to apply for land purchase and home construction loans?

With Poonawalla Housing Finance, applying a loan for plot purchase plus construction or self-construction is a hassle-free experience. Here’s how:

• Step 1 – Visit our website or your nearest Poonawalla Housing Finance branch office
• Step 2 – Check if you are eligible for our home construction and plot purchase plus construction
• Step 3 – Fill up the application form online or offline
• Step 4 – Submit all the documents required
• Step 5 – After the verification process, loan amount will be disbursed

Poonawalla Housing Finance Home Construction and Plot purchase plus construction lets you fulfill your dream to buy a plot and construct a home with ease. Check out our simple eligibility & minimum documentation. Our loan process is quick, hassle-free, along with the convenience of flexible repayment tenure, no foreclosure/pre-payment charges and end-to-end doorstep service.

Now no more compromises for your dream house. Simply calculate your EMI, by selecting the loan amount, tenure and interest rate. So go ahead, apply for a quick Home Construction and Plot purchase plus construction and turn all your plans into a reality. Like they say, the most beautiful house in the world is the one that you built for yourself.