Obtain Substantial Funds with a Loan Against Property in Calicut!
Calicut, also known as Kozhikode, is a historic coastal city located in the southern Indian state of Kerala. It has been a trading hub for centuries, connecting India to various parts of the world. As the financial landscape in Calicut evolves, the need for robust financial solutions becomes paramount.
Poonawalla Fincorp's Loan Against Property in Calicut serves as a valuable financial tool for the residents of Calicut. Whether it's expanding a business, funding higher education, or managing medical expenses, our Property Mortgage Loan is designed to cater to diverse financial needs. We support Calicut's residents in achieving their financial aspirations and securing a prosperous future.
Loan Against Property Interest Rates in Calicut
Enjoy competitive interest rates on Loan Against Property in Calicut for manageable EMIs. We maintain transparency through our fee structure and applicable charges on Loan Against Property for an easy and affordable loan process. 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.
Benefits and Features of Loan Against Property in Calicut
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Significant Funding
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Simple Documentation
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Quick Loan Processing
Significant Funding
Avail of a loan amount of up to ₹25 Crore to fulfil your financial needs.
Simple Documentation
Just provide the basic documents required for a Loan Against Property including income proof, financial details, property details, etc.
Quick Loan Processing
From application to disbursal, enjoy a quick and smooth loan process.
We offer Loan Against Property in Calicut for:
- Salaried Individuals: Our Loan Against Property helps salaried individuals leverage their property to meet their financial needs.
- Firms/Companies: We provide Loans Against Property to companies so they can use their property assets for business growth and financial stability.
- Self-employed Professionals: We help self-employed professionals get the funds they need through a Loan Against Property.
Purposes of Loan Against Property in Calicut
- Business Growth: Pave the way for expanding your existing business with a Loan Against Property.
- Debt Consolidation: Simplify your financial circumstances by merging high-interest debts into a single, manageable Property Mortgage Loan.
- Property Transformation: Improve and upgrade your home or business space with the help of a Loan Against Property.
Conclusion
Our Loan Against Property in Calicut is your trusted financial companion. Whether you want to expand your business, fund higher education, handle medical bills, or renovate your property, our loan fits your diverse financial needs. Apply for a Loan Against Property today to fulfil your financial requirements and secure a brighter future.
Poonawalla Fincorp’s Branch Address in Calicut:
Poonawalla Fincorp Limited
Address: 4th Floor, "City Gallery", 6/835 E, Kannur Road, Calicut: 673001
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