loan against property in bangalore

Loan Against Property in Bangalore

Transparent Loan Processing | Swift Approval | Diverse Loan Range

Bangalore is considered the ‘Silicon Valley of India’, where dreams take flight. Amidst its thriving IT hubs, educational institutions, and diverse cultural scene, having the right financial support is essential. That's where Poonawalla Fincorp's Loan Against Property in Bangalore comes in.

With our Loan Against Property, you can tap into the immense potential of your property. The loan comes with competitive interest rates, making EMIs manageable. The flexible repayment tenure, extending up to 15 years, allows you to choose a schedule that suits your financial comfort. We also ensure that all our loan terms are clearly specified to help you understand all applicable charges. Go ahead and experience hassle-free loan processing with minimal documentation and no hidden fees with our Loan Against Property in Bangalore.

Our Loan Against Property in Bangalore is available at competitive interest rates, starting at 9% p.a. For more details on applicable charges on Loan Against Property, see below

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

    Flexible Repayment Options

  • Quick Approvals Logo

    Efficient Processing

  • Competitive Interest Rate Logo

    Simple Documentation

Flexible Repayment Option

Enjoy the convenience of choosing a repayment period of up to 15 years as per your financial preferences.

Efficient Processing

Receive quick approval and expert support throughout the loan application process.

Simple Documentation

The documents required for Loan Against Property are basic KYC details and additional property documents as specified at the time of applying.

  • Firms/Companies: We provide businesses and companies with the option to get a Loan Against Property, helping them grow and meet their financial needs.
  • Salaried Individuals: We convert your property into financial security so you can meet diverse financial needs.
  • Self-employed Professionals: Professionals with their practice can achieve personal and professional goals through our Loan Against Property.
  • Consolidating High-Interest Debt: Use a Loan Against Property to efficiently combine and manage existing high-interest debts, simplifying your financial obligations.
  • Overseas Education: Invest in overseas higher education opportunities, fostering personal and career advancement.
  • Boost Your Business: Use your property's value to get a loan and grow your existing business.

Bangalore is always buzzing with dreams and opportunities and our Loan Against Property or Property Mortgage Loan is the perfect financial solution to match the ambitious energy of this city. From funding higher education to expanding a business, LAP supports diverse needs. With quick approvals and transparent processing, we help you fulfil your aspirations in Bangalore.

Poonawalla Fincorp Limited

Address: 2nd Floor, HM Tower, J. C. Road, Minerva Circle,Bengaluru, Karnataka - 560002
Contact Number: 1800-266-3201 (Toll-Free)
Timing:10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

Address: Ground Floor, Phoenix Citadel ,Castle Street, Richmond Town,Bangalore, Karnataka-560025
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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