The Indian Overseas Bank (IOB) has officially launched the IOB Easy Plot Loan Scheme 2025 for individuals planning to buy a residential plot to build their dream home. If you’re searching for an affordable and reliable plot loan, this scheme offers the perfect solution. Under this scheme, eligible applicants can avail loans starting from ₹10 lakh up to ₹1 crore in semi-urban areas and up to ₹3 crore in urban or metro cities. The IOB Easy Plot Loan Scheme 2025 ensures easy application, attractive interest rates, and fast approval. Don’t miss this opportunity to turn your dream of owning land into reality — apply online today and take the first step towards your future home.
IOB Easy Plot Loan Scheme
Objective of IOB Easy Plot Loan Scheme
The IOB Easy Plot Loan Scheme 2025 has been launched to empower individuals to purchase residential plots in government-approved areas with ease. This specially designed land loan scheme aims to boost the buying capacity of citizens by offering flexible financing options at attractive interest rates. Applicants are required to contribute at least 25% of the plot’s value to qualify for the loan. The repayment tenure extends up to 15 years, or until the borrower reaches the age of 70, whichever is earlier. Moreover, to be eligible for the full benefits of this scheme, the borrower must construct a house on the purchased plot within 5 years of acquisition.
If you’re planning to buy a plot and build your dream home, don’t miss this opportunity. Apply online for the IOB Easy Plot Loan Scheme 2025 today and turn your homeownership dreams into reality with low-interest rates and easy approval.
Also Read: LDA Anant Nagar Plot Scheme
Key Highlights of IOB Easy Plot Loan Scheme
| Details | Information |
| Name of the Scheme | IOB Easy Plot Loan Scheme |
| Launched By | IOB |
| Launch Date | 2025 |
| Announced By | IOB |
| Purpose | Provide loan |
| Beneficiaries | The citizens must be between the ages of 21 to 60 years |
| Target Beneficiaries | The citizens must be between the ages of 21 to 60 years |
| Advantage | Loan amount of up to INR 3 Crore |
| Eligibility Criteria | Citizens who want to purchase a residential plot |
| Required Documents | Aadhaar Card, Bank account |
| Application Process | Online |
| Official Website | IOB website |
Eligibility Criteria for IOB Easy Plot Loan Scheme 2025
- Eligible Applicants: The loan is open to Indian residents and Non-Resident Indians (NRIs) between the ages of 21 to 60 years.
- Co-applicant Requirement: Applicants aged above 55 years must include their spouse or a legal heir as a co-applicant to qualify.
- Plot Requirements: The proposed plot must be SARFAESI-compliant, ensuring legal clarity and transferability. It should be located in a marketable and stable area for smooth resale or mortgage.
Make sure you meet these criteria before applying online for the IOB Plot Loan Scheme 2025. Your dream plot is just one step away.
IOB Easy Plot Loan Scheme 2025: Interest Rate Details
- Repo Rate (effective from 12.06.2025): 5.50%
- Markup Rate: 2.85%
- RLLR (Repo Linked Lending Rate): 8.35% (as of 12.06.2025)
- Effective Base Rate: 10.00% (applicable from 15.08.2024 until further revision)
- One-Year MCLR: 9.10% (effective from 15.01.2025)
- Processing Fees: 100% waiver on home and vehicle loans till 31.03.2025, offering a major cost-saving opportunity.
Note: All interest rates are subject to periodic review by Indian Overseas Bank (IOB). Stay updated while applying online for the IOB Easy Plot Loan 2025.
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IOB Easy Plot Loan Scheme 2025 – Key Features
- Loan Amount Range:
- Minimum: ₹10 lakh
- Maximum:
- ₹1 crore for semi-urban areas
- ₹3 crore for urban/metro cities
- Margin Requirement:
- Borrowers must contribute at least 25% of the approved plot value as margin.
- Loan Tenure:
- Repayment period of up to 15 years or until the borrower turns 70 years, whichever is earlier.
- Interest Rate Criteria:
- The interest rate is linked to the Repo Linked Lending Rate (RLLR) and varies based on the borrower’s CIBIL score, ensuring fair and risk-based pricing.
Documents Required for IOB Plot Loan Scheme 2025
To apply for the Indian Overseas Bank (IOB) Plot Loan Scheme 2025, applicants must submit the following essential documents:
- Aadhaar Card – Proof of identity and address
- PAN Card – Mandatory for income and financial verification
- Bank Account Details – For salary/income verification and EMI deduction
- Passport-Size Photograph – Recent colored photograph for loan records
Also Read: Supplyco Paddy Registration
How to Apply Online for IOB Easy Plot Loan?
STEP 1: All the citizens who want to apply for the IOB Easy Plot Loan are requested to visit the IOB website.
STEP 2: Once the citizens reach the homepage of the official website, they must locate and click on the option called “Apply now”.
STEP 3: The application form will appear on your desktop screen the citizens must enter all the details that are asked for and attach in necessary documents.
STEP 4: After entering the details, citizens can click on the option “submit” to complete their process.
📞 IOB Plot Loan Scheme 2025 – Customer Care & Helpline Numbers
For any queries, assistance, or support regarding the Indian Overseas Bank Plot Loan Scheme 2025, you can reach out through the following toll-free helpline numbers:
- Toll-Free Number 1: 📱 1800-890-4445
- Toll-Free Number 2: 📱 1800-425-4445