loan against property in aligarh

Loan Against Property in Aligarh

Competitive Interest Rates | Transparent Process | Easy Loan Processing

Aligarh is a city renowned for its locks, brass, and bronze industries, where businesses thrive, and innovation is the key to success by providing opportunities to grow and expand businesses. However, it is not easy for everyone to upgrade their business without any financial constraints. At Poonawalla Fincorp, we understand that expansion and growth are vital for entrepreneurs in Aligarh. Our Loan Against Property (LAP) offering is designed to support your business ambitions. Whether you run a manufacturing unit or a commercial enterprise, our Loan Against Property provides the financial backing you need. Use your property as collateral to secure funds for business expansion, machinery, or production enhancements.

Poonawalla Fincorp provides competitive interest rates and full transparency regarding charges and loan processing fees. Read the following for more details:

Interest Rate 9% p.a. onwards
Loan Amount From ₹51 Lakh to ₹5 Crore
Loan Processing Fees Up to 1%, Plus applicable taxes
Lowest EMI per month 1044* per Lakh for 180 months
Maximum Tenure 3-15 years (12 years for Industrial/Warehouse)
Foreclosure/Prepayment Charges 0%* If paid from own sources & 4%* If paid from other sources
Late Payment Charges 2% per month
Cheque Bounce Charges ₹500 per bounce plus applicable taxes
IMD Charges - Initial application fee ₹10,000 - Non-refundable
Stamp Duty At actuals (as per state)
No Other Hidden Charges
  • No Collateral/Security Logo

    Flexible repayment tenure

  • Quick Approvals Logo

    Transparent Fees

  • Competitive Interest Rate Logo

    Business Upgradation

Flexible repayment tenure

Rigid repayment tenure can be daunting. Our Loan Against Property provides you with the freedom to tailor your repayment period while making the repayment method hassle-free.

Transparent Fees

There are no hidden charges; all charges are transparently communicated while processing your loan.

Business Upgradation

Use LAP to expand your existing business and invest in upgrading your equipment, and modern technologies.

  • Salaried individuals: Secure a Loan Against Property with your stable income as a salaried individual, using your property as collateral for availing the various benefits offered by us on LAP.
  • Firms/ Companies: With our Loan Against Property for firms and businesses, support your organisation financially. By maintaining your property with us as collateral, you can expand your business.
  • Self-employed professionals: Self-employed professionals, like doctors, chartered accountants, and company secretaries, can leverage their property to access funds for both personal and professional goals through our Loan Against Property.
  • Business Expansion: Fuel the growth by expanding your business, whether it's a manufacturing unit, retail outlet, or service enterprise.
  • Capital Investment: Invest in new machinery, equipment, or technology to enhance the productivity and competitiveness of your business.
  • Debt Consolidation: Merge high-interest debts into a single loan and experience the stress-free loan repayment option with Poonawalla Fincorp’s Loan Against Property.

Aligarh, known for its entrepreneurial spirit and thriving industries, finds a financial partner in Poonawalla Fincorp’s Loan Against Property. Our Loan is designed to fuel your business aspirations, offering competitive interest rate for loan against property and transparent processing. Whether you're expanding your enterprise, investing in equipment, or consolidating debts, our simplified process empowers you to achieve your financial goals.

With Poonawalla Fincorp, properties in Aligarh are not just a dream; it's a tangible reality which you can grasp through our Loan Against Property.

Poonawalla Fincorp Limited

Address: 1st Floor ,HM Complex, Plot No- J-77, Nagar nigam no. 3/272-A, janakpuri Ramghat Road, Aligarh, Uttar Pradesh-202001
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

*T&C Apply

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