This loan is to be given to individuals, groups and/or corporates that would like to purchase a plot for future development or for sale.

Loan Tenure: 5 years for Individual development & 2 years Land Merchants

Standard Requirements

  • Open a Bora Mortgage Account
  • Copy of ID or passport
  • Two passport size photographs
  • Sale agreement duly signed or offer letter
  • Copy of title to property being purchased/charged (Minimum lease term 45 years)
  • Evidence of other borrowings if any