Loan Against Industrial Property

Apply for Loan Against Industrial Property

Competitive Interest Rates | Favourable Interest Rates | Transparent Process

When it comes to business financing for growth and expansion, securing a substantial amount of capital is often a daunting task. Luckily, there is a viable option that entrepreneurs and business owners in India can consider to fulfil their business goals – Loan Against Industrial Property. By obtaining a Loan Against Property from Poonawalla Fincorp, you can leverage the value of your industrial real estate and use the amount to fund any project that requires significant funds.

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Explore better financial possibilities with our Loan Against Industrial Property. Benefit from competitive interest rates starting at 9.5% p.a. See below for more details:

Interest Rate 9.5% p.a. onwards
Loan Amount From ₹51 Lakh to ₹25 Crore
Loan Processing Fees Up to 2%
Lowest EMI per month 1044* per Lakh for 180 months
Maximum Tenure 3-15 years (12 years for Industrial/Warehouse)
Foreclosure/Prepayment Charges 4% + taxes
Default Charges 24% per annum
Repayment Instrument Dishonour Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges

Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.

India's industrial real estate sector offers a diverse range of property types. Here's a concise overview:

  • Manufacturing Plants/Fabrication Facilities: Factories for assembling and producing goods.
  • Distribution Warehouses: Storage and distribution facilities near transportation hubs.
  • Private Warehouses: Used for storage, often near production units.
  • Flex Space: Versatile buildings for various uses, including office, R&D, and warehousing.
  • Data Centres: Specialized facilities for hi-tech industries.

These properties cater to different business needs, making it important to understand their distinctions for investment or business operations.

Property Ownership:

Income

Age Requirement

Property Ownership

Monthly Salary Required

Age

Work Experience logo

Credit Score

Employment Required

Property Type

  • Income: Lenders assess your income to ensure your ability to repay the loan.
  • Property Ownership: You must be the legal owner of the property that will be used as collateral.
  • Age: Applicants’ age should be between 18 to 60 years.
  • Credit Score: A good credit score enhances your chances of getting quick loan approval.
  • Property Type: The property must be either residential or commercial, with clear ownership.
  • Income Proof

    Proof of Identity

  • Address proof

    Address Verification

  • Address proof

    Property Documents

  • Address proof

    Income Documents

  • Identity Proof

    Bank Account Statements

A Loan Against Industrial Property comes with numerous benefits for businesses in India, such as:

  • Address proof

    Competitive Interest Rates

  • Address proof

    High Loan Amounts

  • Identity Proof

    Flexible Repayment Tenure

  • Income Proof

    No Transfer of Property Ownership

  • Competitive Interest Rates: Our Loan Against Property is offered at competitive interest rates.
  • High Loan Amounts: The value of the loan is determined by the property's market value, allowing you to access substantial capital for your business.
  • Flexible Repayment Tenure: You can determine the repayment schedule to suit your financial capabilities and business needs.
  • No Transfer of Property Ownership: Unlike equity financing, a Loan Against Industrial Property doesn't require business owners to give up ownership stakes in their companies.
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Click on ‘Apply Now’ and enter your contact details along with loan amount, tenure, and property type.

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Property
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Enter Property Details

Enter your DOB and property ownership details.

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Enter your occupation and employment details.

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Verification

Verification

The application will then proceed for verification and assessment.

Can I get a loan against an industrial property if it's mortgaged?
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Can I use the loan for purposes other than business expansion?

*Terms & Conditions Apply

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