loan against property in meerut

Loan Against Property in Meerut

Rapid Loan Processing | Minimum Documentation | Extended Duration

Meerut, located in Uttar Pradesh, thrives as a vibrant urban hub. Apart from its historical significance, Meerut is also renowned for its educational institutions, flourishing handicrafts, and textile industries. In a city brimming with constant offerings, you may need additional financial aid to grasp the opportunities. Hence, Poonawalla Fincorp offers you Loan Against Property (LAP) to support your ambitions.

The Property Mortgage Loan or Loan Against Property offered by Poonawalla Fincorp is designed to empower you as Meerut's residents. Whether it's funding your business expansion, investing in education, handling medical expenses, or renovating your property, Loan Against Property allows you to leverage the value of your property to cover it all. Our streamlined loan approval process, competitive interest rates, and flexible repayment plans guarantee a hassle-free and convenient path to your financial progress in Meerut. So, let Poonawalla Fincorp be your trusted partner in realizing your aspirations through Loan Against Property.

Poonawalla Fincorp offers competitive LAP interest rates in Meerut starting from 9% p.a. For additional information on our affordable EMIs, please refer to the details below:

Loan Against Property Interest Rates 9% p.a. Onwards
Loan Amount From ₹51 Lakhs to ₹5 Cr
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

    Efficient Documentation

  • Quick Approvals Logo

    Clear Processing

  • Competitive Interest Rate Logo

    Increased Funding

Efficient Documentation

Our streamlined procedure minimizes paperwork, speeding up loan approval.

Clear Processing

Enjoy full cost visibility with a comprehensive breakdown of all charges and fees.

Increased Funding

Access substantial financing up to ₹5 Cr, to achieve your unique goals.

  • Salaried individuals: If you maintain stable employment, you have the opportunity to utilize your property as security when applying for loans.
  • Self-employed professionals: Irrespective of your profession, our loan options provide the flexibility to use your property as collateral, whether you need funds for personal or business purposes.
  • Firms/Companies: We play a pivotal role in facilitating business growth by offering our Property Mortgage Loan to you in Meerut.
  • Business Growth: Fuel your business ambitions and expand your horizons with our financial support by choosing Loan Against Property.
  • Emergency Financial Shield: Secure yourself against unexpected medical expenses with the support of Loan Against Property.
  • Global Education: Make your dream of studying abroad a reality by financing it through our Loan Against Property.

In the vibrant city of Meerut, where ancient temples coexist with a thriving industrial landscape, Poonawalla Fincorp's Loan Against Property (LAP) stands as a catalyst for realizing diverse dreams and ambitions. With its competitive interest rates, simplified documentation, and extended loan tenure, our Loan Against Property is tailored to empower the residents of Meerut. Whether you seek to expand your business, invest in education, manage medical expenses, or renovate your property, this loan allows you to leverage your property's value to achieve it all. Let Poonawalla Fincorp be your trusted financial partner on this journey of realizing your aspirations through Loan Against Property.

Poonawalla Fincorp Limited

Address: 2nd Floor, "Corpo Tower", Plot-309/1, Mangal Pandey Nagar, Meerut-250004, Uttar Pradesh
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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