loan against property in lucknow

Loan Against Property in Lucknow

Competitive Interest Rates | Extended Repayment Period | Minimal Documentation

Lucknow, the heart of Uttar Pradesh, radiates a mix of both, strong culture, and growing job and business expansion opportunities. To grab these undiscovered opportunities, you might need a good financial support. But it is often not a simple task to obtain the same effortlessly. Hence to make obtaining it smoothly, Poonawalla Fincorp proudly presents its Loan Against Property (LAP) service in Lucknow, tailored to cater to your diverse financial needs as residents of this thriving city.

Regardless of whether you are employed, a business proprietor, or a self-employed professional in Lucknow our Loan Against Property can be your gateway to achieving your financial aspirations. You can utilize your property as collateral to secure substantial funds for various purposes, from business expansions to educational pursuits or managing medical expenses. Poonawalla Fincorp offers competitive interest rates and a transparent, hassle-free process, ensuring affordable EMIs. With a flexible repayment tenure extending up to 15 years, you have the power to choose a plan that suits your financial comfort and goals.

Poonawalla Fincorp offers loan amounts ranging from ₹51 lakhs to ₹25 Crores for various needs. Avail our Loan Against Property at competitive interest rates. For more details let’s have a look at the table mentioned below Have a look below for more details

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
  • 5% on principle outstanding plus applicable taxes.
  • 5% on principle partly paid amount plus applicable taxes.
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.

  • No Collateral/Security Logo

    Clear Procedure

  • Quick Approvals Logo

    Generous Financing

  • Competitive Interest Rate Logo

    Competitive Interest Rates

Clear Procedure

Our commitment to transparency means openly detailing all charges throughout the loan processing.

Generous Financing

Secure substantial sums linked to your property's valuation to fulfil financial objectives.

Competitive Interest Rates

Benefit from cost-effective interest rates on Loan Against Property, guaranteeing manageable EMIs for financial convenience.

  • Firms/Companies: We are instrumental in promoting business growth by providing loans secured by the value of your property assets.
  • Self-employed Professionals: Regardless of your specific occupation, our loan solutions offer the versatility to utilize your property as collateral, whether you require financing for personal or business needs.
  • Salaried Individuals: With a stable job, you have the chance to capitalize on using your property as security when applying for loans through our services.
  • Education: Secure your child's educational dreams by investing funds for their bright future with our Property Mortgage Loan.
  • Business Growth Accelerator: Fuel the growth of your enterprise with our Loan Against Property for Financing options.
  • Property Makeover Financing: Transform your business or home with our Loan Against Property, upgrading your infrastructure.

Lucknow, as the dynamic centre of Uttar Pradesh, Poonawalla Fincorp's Loan Against Property opens doors to financial possibilities. With competitive interest rates, extended repayment periods, and simplified paperwork, we empower the people of Lucknow to leverage their property for various needs. So, fulfil your aspirations and stride towards financial success with Poonawalla Fincorp's Mortgage Loan or Loan Against Property.

Poonawalla Fincorp Limited

Address: Unit no. 106 ,1st Floor , Shalimar Logix, Rana Pratap Marg, Hazratganj,Lucknow, Uttar Pradesh-226001
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

Explore Our Various Types of LAP Loan Arrow Logo

Insightful Loan Against Property Blogs Arrow Logo

Dos and donts and LAP
Know about property types for a loan against property

A mortgage loan is one of the most preferred types of secured loans. A secured loan is one where a borrower can pledge their property to a lender in exchange for receiving funds. Banks or non-banking financial com

Essentials of Loan Against Property
Advantages of Loan Against Property

What is Loan Against Property?
A Loan against property or property mortgage loan is a secured loan granted when you offer your existing

Contact Us logo Quick Apply CIBIL Score logo Free CIBIL Whatsapp logo Connect on WhatsApp