Home Construction Loan
Build a house on a plot you already own.
- Rates from
- 7.35%*
- Funding
- Up to 75%
- Tenure
- Up to 15 yrs
- Plot + build
- Up to 30 yrs
An LIC HFL Plot Loan helps you buy a residential plot from a government body, development authority or an approved layout.
If you plan to build soon, the Composite Loan covers both the plot purchase and the house construction in one loan — provided construction is completed within 3 years of buying the plot.
Who can apply
- Resident Indian individuals
- Non-Resident Indians (NRIs)
- Salaried and self-employed applicants
Key features
- Plot purchase: up to 75% of the property value, repayable over up to 15 years
- Composite loan (plot + construction): tenure up to 30 years
- Composite loan requires construction to be completed within 3 years of the plot purchase
- Online sanction facility and simple documentation
- Takeover / balance transfer of existing loans possible
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
Up to 75% of the property value for a plot purchase. You pay the balance, plus registration and stamp duty, yourself.
Yes. LIC HFL’s Composite Loan covers both, with a tenure of up to 30 years, if you complete construction within 3 years of buying the plot.
Residential plots bought from government bodies, development authorities or approved layouts. Share the layout approval details and we’ll check before you pay an advance.
Helpful guides
Compare
All LIC HFL loan products Other loans to consider
Home Loan
Buy a new, under-construction or resale flat or independent house.
Home Loan Balance Transfer
Move your existing home loan from another lender to LIC HFL.
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.