Get a Loan Against Property in Coimbatore with Minimal Documentation!
Coimbatore is a thriving industrial city known for its entrepreneurial spirit and diverse economic activities. In this vibrant metropolis, Poonawalla Fincorp offers the means to turn your dreams into reality with a Loan Against Property in Coimbatore. Unlock the value of your property and secure substantial funds for purposes like business expansion, higher education, or home renovation.
With competitive interest rates, minimal documentation, and transparent processing, we ensure a seamless borrowing experience. Enjoy a flexible repayment tenure and generous loan amounts that align with your financial goals.
Loan Against Property Interest Rates in Coimbatore
Get competitive interest rates on Loan Against Property in Coimbatore that start from 9% per annum. Check out the applicable charges on Loan Against Property among other details in the table 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|
Features of Loan Against Property in Coimbatore
Competitive Interest Rates
There are no hidden fees or surprises. All details related to loan terms are clearly communicated upfront.
The documents required for Loan Against Property are minimal, eliminating the need for extensive paperwork.
Competitive Interest Rates
Our Property Mortgage Loan comes with favourable interest rates, allowing you to manage your finances accordingly.
We offer Loan Against Property in Coimbatore for:
- Salaried Individuals: Our Loan Against Property addresses the unique financial needs of individuals with a consistent income.
- Self-employed Professionals: Our loan is strategically designed to meet the varied financial requirements of self-employed professionals.
- Firms/Companies: We provide versatile financial solutions via our Loan Against Property to help different businesses meet their financial demands.
Purposes of Loan Against Property in Coimbatore
- Transform Your Space: Renovate your home or business with funds from a Loan Against Property for a fresh and updated look.
- Educational Funding: Ensure financial support for higher education, be it within India or overseas.
- Healthcare Costs: Safeguard your financial stability by managing unexpected medical bills and expenses effectively.
Steps to Apply for a Loan Against Property in Coimbatore
- Step 1: Visit our official website and select the ‘Loan Against Property’ category.
- Step 2: Check the eligibility criteria and then click on ‘Apply Now’.
- Step 3: Complete the loan application form with the correct details.
- Step 4: Upload all the essential documents.
- Step 5: Submit your details and wait for the verification and approval from our team.
Post successful verification and approval, the loan amount will be disbursed to your bank account.
Poonawalla Fincorp’s Loan Against Property in Coimbatore can help you fulfil any financial need without any hassle. Simply follow the steps mentioned above to apply for a Property Mortgage Loan today!
Poonawalla Fincorp Limited
Address : Classic Towers, 6th floor Trichy Road, Highways Colony, Coimbatore, Tamil Nadu 641018
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6 pm