HDFC Land Purchase Loan is targeted to the customers who want to buy plots or lands for home construction. Under the scheme, the bank offers upto 85 percent of cost of the land depending upon the repayment capability of the borrower.
The loan is provided with a maximum repayment period of 15 years subject to the retirement age of the customer. If HDFC Land Purchase Loan is taken under Adjustable Rate Home Loan, the interest rate would be calcualated on HDFC's Retail Prime Lending Rate (RPLR). The rate of your loan may change according to the change in RPLR.
It is possible to take HDFC Land Purchase Loan individually or in joint participation with other co-owners of the property. | 
