Plot Loan
Buy a residential plot from a development authority or approved layout — or combine plot + construction.
- Rates from
- 7.15%*
- Funding
- Up to 90%
- Salaried
- Up to 30 yrs
- Self-employed
- Up to 25 yrs
An LIC HFL Home Construction Loan finances building a house on a plot you already own. The loan is typically released in stages as construction progresses.
Salaried, self-employed, professional and NRI borrowers can apply.
Who can apply
- Plot owners ready to build
- Salaried, self-employed, professional and NRI borrowers
- New and existing LIC HFL customers
Key features
- Up to 90% of property value for loans up to ₹30 lakh
- Up to 80% for loans of ₹30–75 lakh
- Up to 75% for loans above ₹75 lakh
- Repayment up to 30 years for salaried and 25 years for self-employed applicants (subject to age and repaying capacity)
- Online sanction facility and simple documentation
Documents to keep ready
- Plot title documents and approved building plan
- Construction estimate from an engineer / architect
- KYC and income documents
How Hyderabad Home Loans helps
- We check your eligibility and confirm whether this scheme is the best fit before you apply.
- We review your documents before they go to LIC HFL, so there are fewer queries later.
- We track your file with LIC HFL through sanction and disbursement.
*Starting rate for eligible borrowers, as published by LIC HFL (updated September 2026). Your rate depends on CIBIL score, loan amount, profile and LIC HFL credit policy — we confirm it before you apply.
Frequently asked questions
Usually in stages linked to construction progress, after LIC HFL’s technical team inspects the site.
Yes. Keep your sanctioned building plan and a construction estimate ready — they decide how much you can borrow.
Look at the Composite Plot + Construction loan under our Plot Loan page — one loan for both, up to 30 years.
Helpful guides
Compare
All LIC HFL loan products Other loans to consider
Home Extension Loan
Add a floor or extra rooms to your existing home.
Home Renovation Loan
Repairs and improvements to the home you already own.
Hyderabad Home Loans (Elite Associates) is an authorised Direct Selling Agent of LIC Housing Finance Ltd. Product names, features and rates are as published by LIC HFL; sanction, rate and terms are at LIC HFL’s sole discretion. Final eligibility is subject to lender assessment.