loan against property in durgapur

Loan Against Property in Durgapur

Higher Loan Amounts | Foreclosure Flexibility | Flexible Repayment Tenures

Durgapur is a city known for its industrial growth and budding entrepreneurs. The diversification of its industrial landscape has attracted individuals from varied backgrounds, fostering a rich multicultural environment. With the continued expansion of Durgapur, there is an increasing demand for financial support to empower both individuals and enterprises in pursuing their aspirations. Poonawalla Fincorp's Loan Against Property (LAP) support the people of Durgapur on their path to success and prosperity. Whether you dream of expanding your business, funding education, or renovating your property, our Loan Against Property provides substantial financial backing.

With a quick and easy loan processing system, you can access the funds you need swiftly. Enjoy competitive interest rates and flexible repayment tenures that suit your financial comfort.

Explore competitive interest rates starting at just 9% p.a. Enjoy transparent loan processing for a hassle-free borrowing experience. Please see below for more details

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

These features also serve as the benefits of Loan Against Property that you can avail of by applying for the same

  • No Collateral/Security Logo

    Streamlined Documentation

  • Quick Approvals Logo

    Rapid Approval

  • Competitive Interest Rate Logo

    Competitive Interest Rates

Streamlined Documentation

Our process demands only essential documents, reducing the paperwork and quickening the loan processing.

Rapid Approval

Get your loan approved swiftly through our online application and dedicated assistance.

Competitive Interest Rates

Benefit from cost-effective interest rates on Loan Against Property, ensuring EMIs are easy to handle.

  • Firms/Companies: Whether you need funds to expand operations, invest in commercial properties, or consolidate debt, our Loan Against Property for firms offers versatile financial solutions.
  • Self-employed Professionals: Self-employed professionals like doctors, lawyers, and architects can use their property to get money for personal and work-related needs through our Loan.
  • Salaried Individuals: Enjoy a simplified application process with minimal documentation, making it convenient to tap into the financial potential of your property.
  • Consolidate High-Interest Debt: Merge multiple high-interest debts into a single Loan Against Property, reducing financial stress.
  • Handle Medical Emergencies: Access funds to cover unexpected medical bills and emergencies without financial strain.
  • Upgrade Infrastructure: Use our Property Mortgage Loan funds to renovate and enhance your business infrastructure or home.

Empower Your Financial Potential with Poonawalla Fincorp's Loan Against Property (LAP) in Durgapur. Whether you're a firm, self-employed professional, or salaried individual, our Loan Against Property offers versatile solutions. Consolidate debt, handle emergencies, or upgrade your infrastructure with competitive interest rates. Swift approvals and transparent processing. Your path to financial success begins here. With high loan amounts, Poonawalla Fincorp's Property Mortgage Loan, also called LAP is designed to cater to your unique financial needs.

Poonawalla Fincorp Limited

Address: 2nd Floor, Kwality Hotel Complex, Bhiringi More, dist Panchim Bardhman, West Bengal -713213
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6:30 pm (First, second & third Saturdays and all Sundays will be weekly off.)

*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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