loan against property in kannur

Loan Against Property in Kannur

Transparent Processing | Attractive Interest Rates | Minimal Documentation

Kannur a city from “God’s Own Country” Kerala, is a place where modern aspirations meet rich cultural traditions. Kannur, known for its ancient trading ports and quick urbanisation, is a symbol of both tradition and modernity and offers plenty of opportunities.

Poonawalla Fincorp understands the potential of Kannur, and the determination of residents to seize the opportunities to grow. Hence, offer a Loan Against Property to the residents to achieve their dreams without any financial constraints. Our Property Mortgage Loan comes with minimal documentation, an attractive interest rate, and flexible tenure which allows you to obtain funds for property renovation, higher education, debt consolidation etc.

Our Loan Against Property in Kannur comes with competitive interest rates. We also maintain complete transparency, ensuring you understand all fees and charges. Check out the details below

Interest Rate 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 2% per month
Cheque Bounce Charges ₹500 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

    Flexible Tenure

  • Quick Approvals Logo

    Transparent Processing

  • Competitive Interest Rate Logo

    High loan Amount

Flexible Tenure

Poonawalla Fincorp's Loan Against Property offers up to 15 years of flexible tenure for easy and manageable instalment payments.

Transparent Processing

We maintain 100% transparency and share all charges and fees upfront in the documentation, ensuring no hidden fees.

High loan Amount

Opt for our Loan Against Property and avail a sanction large enough to cover your needs. We offer loans ranging between ₹51 Lakh to ₹5 Cr.

  • Self-employed Professionals: Our tailored Loan Against Property supports the diverse financial needs of self-employed professionals to seize new opportunities.
  • Salaried Individuals: We have meticulously designed our Loan Against Property to enable individuals with regular income to access funds for various financial needs through a Property Mortgage Loan.
  • Firms/Companies: Our Loan Against Property options offer versatile financial solutions tailored to meet the financial needs of businesses and organisations by leveraging their property as an asset.
  • Business Growth: Take advantage of our Loan Against Property to support the growth of your existing business.
  • Debt Consolidation: Simplify your financial situation by merging multiple high-interest debts into one convenient Loan Against Property.
  • Property Improvement: Tap into Loan Against Property to renovate and enhance your residential or commercial property.

Our Loan Against Property (LAP) in Kannur is like a helpful friend for your finances. Kannur is a blend of old and new, and our Loan Against Property fits right in, giving you a clear and easy process with less paperwork. Whether you want to grow your business, pay off debts, or make your property better, our Loan Against Property is here to help with favourable interest rates and options that suit you. At Poonawalla Fincorp, we aim to make your financial goals in Kannur easy to reach. Offering you a Loan Against Property that doesn't penalize you for early payment and offers you funds. Take a step towards a financially stronger future in Kannur with our Loan Against Property.

Poonawalla Fincorp Limited

Address: 2nd Floor, J.R.Complex, Talap Road, Kannur, Kerala-670004
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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