What is the process for obtaining a loan against land in Maharashtra

The process for obtaining a loan against land in Maharashtra may vary depending on the lender and the type of land. Generally, the following steps are involved³⁴:

- Check your eligibility and loan amount based on your income, credit score, property value, and other factors

- Compare different lenders and their interest rates, fees, and terms and conditions

- Apply online or offline with the required documents such as identity proof, address proof, income proof, property documents, etc.

- Get your property and documents verified by the lender

- Receive the loan approval and disbursal after signing the loan agreement

I hope this helps. Do you have any other questions?

Source:

(1) Loan Against Land: Interest Rates, EMI, Eligibility Calculator 2020. https://www.paisabazaar.com/loan-against-property/loan-against-land/.

(2) Loan for Land Purchase Eligibility, Interest rates - BankBazaar. https://www.bankbazaar.com/personal-loan/loan-for-land-purchase.html.

(3) Apply for Loan Against Property (LAP) - Bank of Maharashtra. https://bankofmaharashtra.in/loan-against-property.

(4) Loan Against Property | Mortgage Loan | Apply for Loan against ... - HDFC. https://www.hdfc.com/non-housing-loans/loan-against-property.