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My monthly salary is 44000. Working since more than 3 years at private IT sector. Currently I own no loans. I wanted to buy a land of 6 lakh. I need 5 lakh of amount and 1 lakh, I have in hand. I wanted to get a loan with less interest and I wanted finish off loan with highest EMI asap. Is taking land loan/personal loan. Is only the option? Is it possible to get 5 lakh on credit card?(I didn't have a credit card yet. Some banks said I can take 5 lakh. No idea of credit card loan)

closed as too broad by Dheer, Bob Baerker, Rupert Morrish, Pete B., Nathan L Dec 3 '18 at 17:37

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  • You need to shop around with few banks. – Dheer Dec 2 '18 at 17:35
  • Shopping around the banks is only the option? – Kiran234567 Dec 5 '18 at 1:11
  • You can get a loan to purchase land, the down payment is higher. You can also get personal loan. You can also get credit card with around 2 to 3 lacs limit. – Dheer Dec 5 '18 at 2:34

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