loan against property in ludhiana

Loan Against Property in Ludhiana

Effortless Documentation | Smooth Loan Approval | Clear-Cut Processing

In the heart of Punjab lies Ludhiana, a lively city known for its industrial prowess and vibrant culture. It has long been known as an industrial and commercial hub. However, there are several undiscovered opportunities and untapped potential areas for development in the city. Poonawalla Fincorp understands Ludhiana's yet to be discovered opportunities and entrepreneurial spirit, offering a tailored financial solution - Loan Against Property (LAP).

Leverage your property's value in Ludhiana to access substantial funds for various needs, from expanding your business to funding education or managing medical expenses. Poonawalla Fincorp provides competitive interest rates and a transparent loan processing experience, making it easier to manage EMIs and achieve your financial aspirations in Ludhiana. Explore the potential of your property with Loan Against Property from Poonawalla Fincorp and pave the way for your financial success in Ludhiana.

Enjoy competitive interest rates on Loan Against Property for easy EMIs. At Poonawalla Fincorp, we maintain transparent fee structures for a simplified loan process. 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
  • No Collateral/Security Logo

    Transparent Processing

  • Quick Approvals Logo

    Swift Approval

  • Competitive Interest Rate Logo

    Attractive Interest Rates

Transparent Processing

Experience complete cost transparency with a detailed breakdown of all charges and fees.

Swift Approval

Get quick loan approval through our online application and dedicated support.

Attractive Interest Rates

Benefit from cost-effective interest rates for easily manageable and affordable EMIs.

  • Salaried Individuals: If you have a stable job, you can seize the opportunity to use your property as security when applying for loans through our services.
  • Firms/Companies: We play a vital role in fostering business growth by offering loans secured by the value of your property assets of your business.
  • Self-employed Professionals: Irrespective of your profession, our loan options provide the flexibility to use your property as collateral, whether you need financing for personal or business purposes.
  • Debt Relief Solution : Consolidate high-interest debts and regain financial stability with our loans.
  • Healthcare Assurance: Gain peace of mind by having the financial means to address unexpected medical expenses and emergencies.
  • Empowering Growth: Our Loan Against Property allows you to fuel your business's growth and expansion initiatives without limitations.

In the industrious city of Ludhiana, where business acumen thrives, Poonawalla Fincorp's Loan Against Property stands as a key to unlock financial potential. With effortless documentation, transparent processes, and competitive interest rates, we enable the people of Ludhiana to utilize their property's worth for varied needs. So, realize your aspirations now and drive towards financial success with Poonawalla Fincorp's Loan Against Property.

Poonawalla Fincorp Limited

Address: 7th Floor, SCO 10 & 11, Feroz Gandhi Market, Ludhiana- 141001, Punjab (Landmark-Above DCB Bank)
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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Dos and donts and LAP
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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

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