Get a Loan Against Property in Maharashtra with Attractive Interest Rates!
Maharashtra boasts a cultural heritage, rapid urbanisation, and thriving industries. In this landscape of opportunity, individuals and businesses often find themselves seeking funds for financial stability and growth. A quick funding option is a Loan Against Property in Maharashtra. Avail of up to ₹5 Crore and enjoy benefits like competitive interest rates, minimal documentation and a quick approval process. Apply now!
Loan Against Property Interest Rates in Maharashtra
The interest rates and other charges of a Loan Against Property in Maharashtra are:
| Interest Rate | 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 |
| Default Interest | 2% per month |
| Repayment Instrument Dishonour Charges | ₹500 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 | |
Online EMI Calculator to Get Loan Against Property in Maharashtra
Our online EMI calculator provides instant and accurate results every time, making it the perfect tool for repayment planning. Enter your details such as loan amount, rate of interest and loan tenure. The result will be displayed in an instant.
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EMI Amount = *
Features and Benefits of Loan Against Property in Maharashtra
The features and benefits of a Property Mortgage Loan in Maharashtra are:
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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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No End Usage Restriction
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Various Properties
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Easy Application
- 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.
- No End Usage Restriction: Use the loan to meet any financial requirement.
- Various Properties: Avail of a loan on various properties such as for residential, commercial or industrial purposes.
- Easy Application: Just hit the ‘Apply Now’ button to get a Loan Against Property!
Various types of Loan Against Property in Maharashtra
Following are the different types of property mortgage loans in Maharashtra you can avail from Poonawalla Fincorp:
- Loan Against Residential Property: You can pledge your residential property such as bungalow, flat, farmhouse or any other kind of residential place.
- Loan Against Commercial Property: With loan against commercial property, you can pledge office buildings, retail stores, hotels, guest houses, restaurants, malls, housing buildings etc.
- Loan Against Industrial Property: Industrial properties such industrial estates, warehouses, cold storage, manufacturing facilities etc can be used for Loan against industrial property.
- Loan Against Property Balance Transfer: Borrowers can opt to transfer their existing loan against property from one lender to another for better terms, lower interest rates, or improved repayment options. Transfer your existing LAP to Poonawalla Fincorp for the best repayment terms and reduce your financial burden.
