loan against property in chennai

Loan Against Property in Chennai

Generous Loan Amount | Favourable Interest Rates | Transparent Loan Processing

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.

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 ₹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 3% 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
  • No Collateral/Security Logo

    Minimum Documentation

  • Quick Approvals Logo

    Competitive Interest Rates

  • Competitive Interest Rate Logo

    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.

  • 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.
  • 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.

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 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 – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

*T&C Apply

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A Loan against property or property mortgage loan is a secured loan granted when you offer your existing

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