Get Hassle-Free Processing with Loan Against Property in Faridabad!
Faridabad is a lively industrial city in Haryana. Renowned for its diverse economic landscape and henna production, its strong industrial presence attracts professionals and businesses. Faridabad residents aim for financial growth and often seek good financial solutions. However, getting financial assistance is not always a straightforward endeavour, with Poonawalla Fincorp’s Loan Against Property (LAP) you can use your property's value for various needs like business expansion, education, medical expenses, or property renovation. Our Property Mortgage Loan has competitive rates, clear processing, and high loan amounts, making it ideal for the city's financial needs. Poonawalla Fincorp supports Faridabad's residents in reaching their goals and securing a prosperous financial future.
Loan Against Property Interest Rates in Faridabad
Get competitive interest rates and transparent loan processing for your Loan Against Property in Faridabad. For a detailed breakdown of charges and fees, refer below
| 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 |
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| 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.
Features and Benefits of Loan Against Property in Faridabad
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Simplified Procedure
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Varied Property Choices
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Adaptable Payment Options
Simplified Procedure
Experience a hassle-free loan application with minimal paperwork for our Loan Against Property
Varied Property Choices
Our Loan Against Property in Faridabad accepts a variety of properties, be it residential or commercial, ensuring it meets the diverse financial needs of all residents.
Adaptable Payment Options
Select a flexible repayment plan with terms extending up to 15 years.
We offer a Loan Against Property in Faridabad for:
- Self-employed Professionals: Self-employed professionals, like doctors and lawyers, can access funds for personal and professional needs.
- Firms/Companies: You can also empower your business growth with our Loan Against Property for firms.
- Salaried Individuals: Salaried individuals can tap into the potential of their property assets with our Loan Against Property and fulfil their diverse needs.
Purposes of Loan Against Property in Faridabad
- Pay for a medical emergency: Obtain the funds to address unexpected medical costs and financial obligations without burdening your budget.
- Invest in Education Abroad: Secure financial support for overseas higher education and invest in your future.
- Expand Your Business Horizons: Explore new opportunities and expand your enterprise with flexible loan tenure.
Conclusion
Poonawalla Fincorp's Loan Against Property (LAP) in Faridabad is a driving force for progress in this industrious area. Faridabad's residents can use Loan Against Property's advantages, like quick loan approvals, minimal paperwork, and flexible repayment terms, to pursue their dreams. With competitive interest rates and no hidden charges or fees, Loan Against Property is a reliable financial option that supports the city's financial growth and opens doors to a brighter future.
Poonawalla Fincorp’s Branch Address in Faridabad:
Poonawalla Fincorp Limited
Address: 1st Floor, A-6 Part A ,Neelam Bata Road, NIT, New Industrial Township, Faridabad, Haryana -121001
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
