Legal Question in Banking Law in India

i purchased the panchayat approved land for construct home, can i get for loan for land also


Asked on 7/12/16, 10:18 am

2 Answers from Attorneys

1) If ur title is legaly clear, there should not be problem.

2) Show to the bank where u wanted to avail loan will tell.

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Answered on 7/12/16, 10:21 am
Fca Prashant Chavan Expert Edge LLP

13.07.2016

Dear Sir / Madam,

Yes, you are eligible to get a housing loan for construction of the house, not for purchase of the land.

Regards,

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Answered on 7/12/16, 9:13 pm


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