Can I Get Mortgage Loan Against Vacant Land?
No, Poonawalla Fincorp does not offer loan against land property or vacant land. However, you can apply for a loan against residential, commercial, and industrial properties. We offer Loan Against Property at attractive interest rates, which means your cost of borrowing will not be on the higher side. You can avail of high loan amount up to ₹25 Crore.
You can use these funds as per your requirement, such as for taking care of medical expenses, funding overseas higher education, consolidating high interest debt, and expanding business or services. The loan tenure is flexible, which can go up to 15 years. There are no hidden charges, and we also offer doorstep services for your convenience.