Experience Quick Disbursals with our Loan Against Property in Chennai!
Chennai is a bustling metropolis known for its cultural heritage, educational institutions, and thriving industries. In a city teeming with dreams and ambitions, financial support can be a catalyst for success. At Poonawalla Fincorp, we understand the importance of realizing these dreams, and our Loan Against Property in Chennai is designed to empower you.
Whether you're a salaried individual, a business owner, or a self-employed professional, our Loan Against Property or Property Mortgage Loan can be your financial partner. It comes with competitive interest rates and flexible loan terms, ensuring a hassle-free borrowing experience. Let’s make your financial journey smooth and successful with a Loan Against Property in Chennai.
Loan Against Property Interest Rates in Chennai
We offer competitive interest rates on Loans Against Property in Chennai. Even the applicable charges on the Loan Against Property come with complete fee transparency. Learn more about the specifics below:
| Loan Against Property Interest Rates | 9% p.a. onwards |
| Loan Amount | From ₹51 Lakh to ₹25 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 | 4% on the outstanding loan plus applicable taxes |
| Late Payment Charges | 2% per month |
| Cheque Bounce Charges | ₹1000 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 | |
Benefits and Features of Loan Against Property in Chennai
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Minimum Documentation
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Competitive Interest Rates
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Flexible Tenure
Minimum Documentation
No need to worry about furnishing endless paperwork. Submit only essential documents required for a Loan Against Property.
Competitive Interest Rates
You can leverage your property by getting the necessary funds at a competitive rate.
Flexible Tenure
With our Property Mortgage Loan, you can manage your repayments better through a flexible tenure of up to 15 years.
We offer Loan Against Property in Chennai for:
- Self-employed Professionals: Our Loan Against Property is designed to accommodate the diverse financial needs of self-employed professionals.
- Salaried Individuals: We offer Loan Against Property to help salaried professionals meet their financial requirements.
- Firms/Companies: Businesses and corporations can avail of a Loan Against Property to invest in business growth and expansion.
Purposes of Loan Against Property in Chennai
- Fuel Your Business Ambitions: Leverage the potential of a Loan Against Property to bolster your entrepreneurial aspirations.
- Transform Your Environments: Enhance and renovate your business facilities or residential areas using LAP financing.
- Secure Your Family's Welfare: Protect your family's future by acquiring funds for education and unforeseen emergencies through LAP.
Conclusion
Poonawalla Fincorp’s Loan Against Property in Chennai is the go-to financial support for all kinds of borrowers. Be it an individual, a self-employed professional, or a company, our loan caters to the unique financial needs of all stakeholders through a streamlined process. Apply for a Loan Against Property in Chennai today!
Poonawalla Fincorp’s Branch Address in Chennai:
Poonawalla Fincorp Limited
Address: The Oval, 2nd Floor, Venkata Narayana Road, T. Nagar, Chennai: 600017, Tamil Nadu
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6 pm
*T&C Apply
