DBH Plot Purchase Loan

If you’re interested in owning a piece of land or plot for your dream home, DBH Plot Purchase Loan offers you the opportunity to secure the land of your choice. We are delighted to assist you in building your dream house. DBH ensures quick assessment and timely disbursement to meet your fund requirements.

DBH Plot Purchase Loan Features:

• Financing for the purchase of residential land/plots in urban areas.
• Purchase directly from a real estate company or housing society or through resale from individual sellers.
• Interest rates to make your Plot Loan affordable.
• Financing up to 70% of the plot value.
• Loan terms of up to 15 years.
• Expert legal and technical counseling.
• Partial or full early settlement options available.
• Repayment through equated monthly installments.
• No hidden charges.

DBH Plot Purchase Loan Required Documents:

For Employees:

• Employment certificate/salary certificate.
• Pay slips (last 3 months).
• Bio-data/CV.
• Acknowledgment receipt of income tax return.
• Bank statements (last 12 months).
• Business card.
• Ownership documents, approved plan, rental income proof (if any).
• Other loan statements (if any).
• Copy of E-TIN Certificate.
• Copy of National ID (NID).
• Photo of applicant & co-applicant.
• Loan processing fees.

For Self-Employed:

• Copy of Trade License.
• Copy of memorandum & Articles of Association (if applicable).
• Business/product details.
• Income tax assessment (3 years).
• Acknowledgment receipt of income tax return.
• Profit & Loss Account for business (3 years).
• Business bank statements (last 12 months).
• Bio-data/CV.
• Business card.
• Copy of NID.
• Copy of E-TIN Certificate.
• Ownership documents, approved plan, rental income proof (if any).
• Other loan statements (if any).
• Photo of applicant & co-applicant.
• Loan processing fees.

Property Documents:

For Private Land:

1. Ownership/Lease deed (Original).
2. Baya deed for 21 years (original/certified/photocopy).
3. C.S., R.S., S.A., and City Jorip Khatian/Parcha.
4. Recent Survey Report (duly attested).
5. Mutation Parcha based on Recent Survey Report.
6. Up-to-date “No Encumbrance Certificate” for 13 years.
7. Up-to-date Land Tax Receipt.

For Government Plots:

1. Ownership deed/Lease deed of land.
2. Deed for 21 years (original/certified/photocopy).
3. Mutation Certificate.
4. Up-to-date land Tax Receipt.
5. Permission from the lessor to mortgage (if required).

Frequently Asked Questions (FAQs) DBH Plot Purchase Loan

Q: What is a Plot Purchase Loan?
A: A Plot Purchase Loan is a financial product offered by DBH to facilitate the purchase of residential land or plots in urban areas.

Q: Who is eligible to apply for a Plot Purchase Loan?
A: Both salaried individuals and self-employed individuals can apply for a Plot Purchase Loan.

Q: What can I use the Plot Purchase Loan for?
A: The loan can be used to finance the purchase of land directly from real estate companies, housing societies, or through resale from individual sellers.

Q: How much financing does DBH offer for Plot Purchase Loans?
A: DBH can finance up to 70% of the plot value, making it easier for individuals to secure their desired piece of land.

Q: What is the maximum loan term for Plot Purchase Loans?
A: The allowable loan term for Plot Purchase Loans can be up to 15 years, providing borrowers with flexibility in repayment.

Q: Are there any hidden charges associated with the Plot Purchase Loan?
A: No, there are no hidden charges. DBH ensures transparency in all financial transactions related to Plot Purchase Loans.

Q: How can I repay my Plot Purchase Loan?
A: You can repay your loan through equated monthly installments (EMIs), making it convenient and manageable.

Q: What documents are required to apply for a Plot Purchase Loan?
A: Required documents include proof of employment or self-employment, income documents, ownership documents, identification documents, and others as specified by DBH.

Q: Does DBH provide any additional services or support for Plot Purchase Loans?
A: Yes, DBH offers expert legal and technical counseling to assist borrowers throughout the loan process, ensuring a smooth experience.

Q: Can I settle my Plot Purchase Loan early?
A: Yes, DBH offers partial or full early settlement options for Plot Purchase Loans, giving borrowers flexibility in managing their finances.

Q: How can I contact DBH for more information or to apply for a Plot Purchase Loan?
A: You can contact our representatives directly for convenient doorstep service or visit our nearest branch for assistance with your loan application.