Customize Your Loan Against Property in Meerut with Flexible Repayment!
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.
Interest Rates on Loan Against Property in Meerut
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 | |
Features and Benefits of Loan Against Property in Meerut
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Efficient Documentation
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Clear Processing
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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.
We offer a Loan Against Property in Meerut for:
- 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.
Purposes of Loan Against Property 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.
Conclusion
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’s Branch Address in Meerut:
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
