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Construction Loan

Financing that releases as your building rises.

Overview

A Construction Loan funds the building of a residential or small commercial structure on a plot you already own. Disbursal happens in tranches tied to construction milestones — foundation, plinth, slab, finishing — so you pay interest only on what has been released.

Aakashi Finserv coordinates the technical inspections between site and lender, so your construction schedule and your disbursement schedule stay in sync.

Features at a glance

Loan amount: ₹5 lakh to ₹5 Cr
Tenure: up to 20 years
Interest rate: starting 9% p.a.
Stage-wise disbursal (linked to construction progress)
Pre-EMI option during construction
Both self-construction and contractor-built accepted

Eligibility

  • Age: 21 to 65 years
  • Ownership of the plot in applicant's name
  • Approved building plan from local authority
  • Estimated cost of construction from architect/engineer
  • CIBIL 700+ preferred

Documents required

  • KYC + income documents
  • Plot papers (sale deed, mutation, tax receipts)
  • Approved building plan
  • Cost estimate signed by architect/civil engineer
  • Own contribution proof

Ready to apply?

Fill the form on this page or call +919910382273. A relationship manager will get back within one business hour with indicative terms — no obligation, no advance fee.

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