loan against property in madurai

Loan Against Property in Madurai

Open Process | Favourable Interest Rates | Longer Loan Period

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.

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
  • No Collateral/Security Logo

    Competitive Interest Rates

  • Quick Approvals Logo

    Transparent Processing

  • Competitive Interest Rate Logo

    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.

  • 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.
  • 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.

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 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 (First, second & third Saturdays and all Sundays will be weekly off.)

*T&C Apply

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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

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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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