loan against property in amritsar

Loan Against Property in Amritsar

High Loan Amount| Minimal Paperwork | Swift Processing

As a pivotal part of Punjab's tourism circuit, Amritsar offers residents a range of business prospects catering to visitors. Known for its iconic Golden Temple, this bustling city is also making strides in commerce and industry. To further support its growth, Poonawalla Fincorp offers a Loan Against Property in Amritsar that is tailored to meet the city's diverse needs.

Whether you're a salaried individual, a business owner, or a self-employed professional in Amritsar, our property mortgage loan as LAP can fuel your aspirations. Use your property as collateral and secure substantial funds for various purposes, from business expansion to education or medical expenses. With competitive interest rates and a transparent process, you can manage your EMIs effectively. Our flexible repayment tenure, extending up to 15 years, empowers you to choose a schedule that suits your financial circumstances.

Our Loan Against Property in Amritsar is offered at competitive interest rates, starting from just 9% p.a. See below 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
Default Interest 2% per month
Repayment Instrument Dishonour 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

    Simplified Documentation

  • Quick Approvals Logo

    Quick Approvals

  • Competitive Interest Rate Logo

    Competitive Interest Rates

Simplified Documentation

We require minimal essential documents, saving your time and expediting the loan processing.

Quick Approval

Experience quick loan approval with our online application and dedicated support.

Competitive Interest Rates

Enjoy affordable interest rates for manageable EMIs.

  • Self-employed Professionals: We offer Loan Against Property tailored for self-employed professionals.
  • Firms/Companies: We extend Loan Against Property services to enterprises, aiding their growth and addressing their specific financial requirements.
  • Salaried Individuals: Gain financial flexibility by securing a Loan Against Property and use the funds to fulfil various financial needs.
  • Property Renovation: Elevate your business premises or elevate your home with property-backed financing.
  • Boost Business Growth: Get the financial support to expand and grow your existing business.
  • Emergency Medical Funds: Ensure financial stability to cover unexpected medical costs and urgent healthcare requirements.

To sum up, Poonawalla Fincorp's Loan Against Property in Amritsar is an excellent financial product that can support the different needs of its residents and businesses. Utilize your property's value for funds, covering needs ranging from business growth to medical emergencies. Apply now for a Loan Against Property and take strides towards a brighter financial future in Amritsar.

Poonawalla Fincorp Limited

Address: 2nd Floor, B Block, SCO-24, District. Shopping Complex , Ranjit Avenue, Amritsar, Punjab-143001
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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