Enhance Your Financial Future with a Loan Against Property in Madurai!
Nestled in the cultural of Tamil Nadu, Madurai, is not only a cultural and historical hub but also an emerging commercial and industrial center. As the city of Madurai undergoes ongoing development, you as the residents of the city often seek for financial assistance to seize the untapped possibilities for growth and development. Hence, at Poonawalla Fincorp, we offer financial assistance to help you achieve your financial dreams.
Our Loan Against Property in Madurai empowers you to unlock the potential of your property to meet diverse financial needs. Be it expanding your business, investing in higher education, managing medical expenses, or renovating your property, our Property Mortgage Loan or Loan Against Property is a versatile financial tool.
We offer attractive interest rates, a transparent loan processing journey, and extended repayment periods with our Loan Against Property product to ensure financial solutions that align with your goals in Madurai. We, as Poonawalla Fincorp standby your side, providing the means to achieve financial success through Loan Against Property.
Loan Against Property Interest Rates in Madurai
Avail of competitive interest rates on Loan Against Property in Madurai with our flexible repayment tenure and affordable EMIs. At Poonawalla Fincorp, we ensure transparent fees for a cost-effective loan journey. Find more details below
| 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 | |
Features and Benefits of Loan Against Property in Madurai
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Competitive Interest Rates
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Transparent Processing
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High Loan Amount
Competitive Interest Rates
Get affordable Loan Against Property with low interest rates, ensuring budget friendly EMIs and efficient property leverage for competitive fund access.
Transparent Processing
We ensure total transparency, disclosing all charges and fees upfront during loan processing and listing them clearly in the documentation, meaning you do not have to bother about any hidden charges.
High Loan Amount
Opt for our Loan Against Property and avail of hight loan amounts to cover all your requirements. We offer loans ranging between ₹51 Lakhs to ₹5 Cr.
We offer Loan Against Property in Madurai for:
- Self-employed Professionals: Regardless of your specific career, our loan solutions offer the versatility to use your property as collateral, whether you require financing for personal or business needs.
- Firms/Companies: We are supportive in driving business expansion by providing loans secured by the value of their property assets.
- Salaried Individuals: If you have a steady job, you can capitalize on the opportunity to use your property as security when applying for loans through our services.
Purposes of Loan Against Property in Madurai
- Diverse Funds: Our loan offers you the freedom to use the money for various financial needs.
- Overseas Education Costs: Achieve your dreams of studying abroad by using our loan to cover everything from tuition fees to living expenses.
- Renovation: Give your home a makeover or make necessary improvements with the funds you need with Loan Against Property.
Conclusion
In the vibrant city of Madurai, where heritage meets ambition, Poonawalla Fincorp's Loan Against Property stands as a versatile financial solution. With transparent processes, competitive interest rates, and the freedom to use funds for various needs, we empower the people of Madurai to unlock the potential of their properties. Achieve your aspirations and secure a prosperous future with Poonawalla Fincorp's Loan Against Property.
Poonawalla Fincorp’s Branch Address in Madurai:
Poonawalla Fincorp Limited
Address: "ATP Tower", Door No. 12A, 4th Floor, Bypass Road, Madurai, Tamil Nadu-625016
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
