Apply for a Loan Against Property in Karnataka with a Flexible Tenure!
Karnataka, a major IT hub offers various business opportunities for everyone. Loan Against Property in Karnataka allows you to use your most valuable assets to secure loans for various purposes including business expansion, education, or medical expenses. Applying for a Loan Against Property from Poonawalla Fincorp can help you experience a seamless application process. Additionally, you can get the benefits of a high LTV on the market value of your mortgaged property, a simple documentation procedure and an extended repayment tenure of up to 15 years. Apply Now!
Loan Against Property Interest Rates in Karnataka
If you are looking forward to knowing the interest rates and applicable charges of our Loan Against Property in Karnataka, check out the table 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 | 4% + taxes |
| Default Interest | 2% per month |
| Repayment Instrument Dishonour Charges | ₹500 per bounce plus applicable taxes |
| Stamp Duty | At actuals (as per state) |
| No Other Hidden Charges | |
Online EMI Calculator to Get Loan Against Property in Karnataka
Use our online EMI calculator to also compare different loan terms. Enter your details such as loan amount, tenure and rate of interest.
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Features and Benefits of Loan Against Property in Karnataka
Following are the features and benefits of our mortgage loan in Karnataka:
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Instant Disbursal
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Minimal Documentation
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Zero Hidden Charges
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Flexible EMIs
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Collateral-free
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No End Usage Restriction
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Easy Application
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Various Properties
- Instant Disbursal: Get the loan directly into your bank account after verification.
- Minimal Documentation: Provide your KYC documents and address proof.
- Zero Hidden Charges: All fees and charges are disclosed.
- Flexible EMIs: Repay the loan at your convenience with a loan tenure of up to 15 years.
- Collateral-free: No need to pledge collateral to get a Loan Against Property.
- No End Usage Restriction: Use the loan to meet any financial requirement.
- Easy Application: Just hit the ‘Apply Now’ button to get a Loan Against Property!
- Various Properties: Avail of a loan on various properties such as residential, commercial or industrial purposes.
Various Types of Loan Against Property in Karnataka
With Poonawalla Fincorp, you get access to a wide variety of Loan Against Property in Karnataka that best suits different financial requirements. Read to know about them:
- Loan Against Residential Property: By keeping your residential property such as apartments, villas, independent houses, gated communities and builder floors as collateral, you avail a high loan amount.
- Loan Against Commercial Property: For Loan Against Commercial Property, Commercial properties encompass properties like office spaces, manufacturing areas, warehouses, schools, gyms, etc.
- Loan Against Industrial Property: Industrialists can pledge their industrial properties as warehouse, showrooms, manufacturing areas, showroom buildings, etc.
- Loan Against Property Balance Transfer: Loan against property balance transfer refers to the process of transferring your outstanding mortgage loan balance from your existing lender, getting access to amazing loan terms such as higher loan amount, simple documentation, longer repayment tenure and lower interest rates.
Poonawalla Fincorp’s Branches in Karnataka
Poonawalla Fincorp Bangalore Branch
Address: 2nd Floor, HM Tower, J. C. Road, Minerva Circle,Bengaluru, Karnataka - 560002
Contact Number: 1800-266-3201 (Toll free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Poonawalla Fincorp Hubli Branch
Address: 2nd Floor,Kulburgi-Mahalakshmi Mansion, New Cotton Market, Hubli-580029
Contact Number: 1800-266-3201 (Toll free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Poonawalla Fincorp Mysuru Branch
Address: 2nd Floor, House No.53, 53/1, 53/2, 53/3, 53/4, 53/5, 5th Main, 5th Cross, Saraswathipuram,Chamaraja Mohalla, Mysore, Karnataka - 570009
Contact Number: 1800-266-3201 (Toll free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Poonawalla Fincorp Bangalore Branch
Address: Ground Floor, Phoenix Citadel ,Castle Street, Richmond Town,Bangalore, Karnataka-560025
Contact Number: 1800-266-3201 (Toll free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
*Terms & Conditions Apply
