Loan Amount
Up to ₹25 Crore
Interest Rate
Starting at 9.5%* p.a.
Loan Tenure
3-15 Years

Get a Loan Against Property of ₹25 Crore Online

A Loan Against Property (LAP) is a secured financing option that helps you meet a wide range of financial needs. By pledging your residential or commercial property as collateral, you can access substantial funds while retaining ownership and use of the mortgaged asset, provided timely repayments are made. With a Loan Against Property, you can avail higher loan amounts to support needs such as business growth, education, medical expenses, or other urgent financial obligations. Poonawalla Fincorp offers LAP facilities of up to ₹25 Crore, with competitive interest rates starting at 9.5% p.a., minimal documentation, and a simple, hassle-free application process. Apply now!

EMI Calculator for Loan Against Property

Calculate your monthly repayments in advance to ensure smooth cash flow and better financial planning. Based on the loan amount, interest rate, and tenure, the Loan Against Property EMI calculator also shows the total interest payable over the loan tenure.

Optimize Your Loan Against Property Experience
With Monthly Budget Planning
Monthly Payable Amount₹8,791
Principal Amount
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
9.5 %
15 %

Tenure

Months
36 Months
180 Months

Why Choose Poonawalla Fincorp

High Loan Amount
High LoanAmount
Interest Rate
CompetitiveInterest Rate
Quick Approval
QuickApproval
Minimum Documents
MinimalDocumentation
Emi
FlexibleRepayment Tenure
Zero Hidden Charges
Zero HiddenCharges

Apply for a Loan Against Property in Just 3 Steps

Step1

Click on “Apply Now”

Tap the Apply Now button to initiate your application.

Step2

Enter Details

Enter your contact, personal, occupation, and property ownership details.

Step1

Upload Documents

Upload the necessary documents for quicker approval.

On successful verification, the loan amount will be disbursed into your bank account instantly.

Get exclusive offers
thoughtfully customised just for you

Different documents are required based on the applicant's profile:

  • Identity Documents:
  • Salaried Individuals - PAN Card/Aadhaar Card/Driving License/Voter ID/Passport
  • Self-Employed Individuals - PAN Card/Aadhaar Card/Driving License/Voter ID/Passport
  • Firm / Company - GST Registration Certificate (if applicable) and Other Applicable Registrations, KYC of Partners / PAN Card/Aadhaar Card/Driving License/Voter ID/Passport
  • Address Proof:
  • Salaried Individuals - Electricity bill for owned premises, Rent agreement for rented premises, Passport
  • Self-Employed Individuals - Electricity bill for owned premises, Rent agreement for rented premises, Passport
  • Firm / Company - Electricity bill for owned premises, Rent agreement for rented premises, Udyam Certificate/GST Registration Certificate
  • Income Documents:
  • Salaried Individuals - 3-month salary slips
  • Self-Employed Individuals Income Tax Returns, along with the computation for the last 2 years, Profit/Loss statement and balance sheet for the last 2 years, GST Returns.
  • Firm / Company Income Tax Returns, along with the computation for the last 2 years, Profit/Loss statement and balance sheet for the last 2 years, GST Returns
  • Bank Account Statement:
  • Salaried Individuals - Salary credit bank account statement for the last 6 months
  • Self-Employed Individuals - Operative bank account statement for the last 12 months
  • Firm / Company - Operative bank account statement for the last 12 months
  • Property Documents - Relevant documents of the property given as collateral

Click to know more about documentation in detail

Here are some key factors that affect your eligibility for a Loan Against Property:

Property Value and Type

The lender checks the value, type, and condition of the residential or commercial property you offer as security. The property's market value is a key factor in determining the eligible loan amount.

Market Value Fluctuations

Market value fluctuations can impact your ability to secure top-up loans or refinance in the future.

Credit Score

A good credit score shows your ability to repay the loan and helps you get better loan terms.

Income and Repayment Capacity

Stable income and regular cash flow demonstrate your ability to repay the loan on time.

Purpose of Loan

The lender verifies that the loan is used for approved purposes, such as business, education, or personal expenses.

Get started with a Loan Against Property from Poonawalla Fincorp and enjoy attractive interest rates with a high loan amount!

 

 

 

 

Get Funds Quickly With
Minimal
Documentation

1
Click 'Apply Now' Fill out the online form to start your loan application.
2
Upload Documents Provide your KYC documents to complete the verification.
3
Get Funds Get the loan amount
disbursed to your bank account.

Happy customers, happy us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

A Loan Against Property is a secured loan in which the borrower pledges their property as collateral.

With Poonawalla Fincorp, you can secure up to ₹25 Crore, depending on your property valuation and your eligibility.

If you have an existing Loan Against Property, you may apply for a top-up loan, subject to eligibility.

Applicants must provide proof of identity, proof of address, proof of income, proof of bank statements, and proof of ownership of the property.

Self-Employed professionals can apply by providing the required documentation to prove their business and income.

The repayment tenure for a Loan Against Property can range from 3 years to 15 years.

Yes, the streamlined digital process of applying for a Loan Against Property makes it quick and hassle-free.

Maintaining a good credit score, stable income and keeping documentation for the property in good order will improve the borrower's eligibility.

Yes, a Loan Against Property can be availed on a jointly owned residential or commercial property, provided all co-owners agree and submit the required property documents.

Interest on a Loan Against Property is calculated on the principal outstanding amount and varies based on whether you choose a fixed rate or a floating interest rate loan.