I want to purchase land. Which banks give loans for that?
Not all banks or housing financing lending institutions extend land loans since there is difficulty in documentation and security of the property (risk of encroachments). Most banks that offer these loans insist that the land be purchased from a development authority or from a society. Some banks also permit purchase of land from a developer.
Banks and lenders such as Standard Chartered Bank, Indian Bank, Bank of India, UCO Bank, State Bank of India, HDFC Bank, Housing Development Finance Corporation (HDFC) and LIC Housing Finance give loans for purchasing plots or land.