loan against property in mumbai

Loan Against Property in Mumbai

Higher Loan Amount | Longer Tenure | No Hidden Charges

Instant Loans Against Property by Poonawalla Fincorp in Mumbai

Mumbai – India’s largest city and financial capital, the heart of Bollywood, and the capital city of Maharashtra, is popular even internationally. The highly populated city is known for its UNESCO World Heritage Sites and for having the highest number of millionaires and billionaires in the country. Along with the population, the city is also booming with businesses to cater to all the needs of the people.

Financial institutions are expanding in the financial capital of India. Poonawalla Fincorp is one of the top NBFCs in Mumbai for a Loan Against Property and offers multi-purpose loans in Mumbai. Having one of the lowest interest rates in Mumbai, longer repayment tenors, a higher LTV ratio on the property value, minimal documentation, and quick sanctions; you can easily meet your monetary needs with our LAP! We are a finance company in Mumbai facilitating quick disbursal to fulfil all your needs. You can now easily avail yourself of instant loans in Mumbai against your property from our Mumbai branch! Use our Branch Locator or apply online for a quick approval.

Advantages and Benefits of Loan Against Property in Mumbai


  • High LTV on Market Value
    Whenever in a financial crunch, you will want to get the highest possible loan amount on your collateral. In a LAP, this is decided by the LTV ratio on the market value of the property. Poonawalla Fincorp offers you a higher LTV ratio, which ensures you get enough funds to fulfil your requirement. Along with that, we also ensure that you get an easy Loan Against Property in Mumbai.
  • Low Interest Rates
    You can now avail of a Loan Against Property in Mumbai, at an affordable low interest rate. This ensures your property is leveraged cost-effectively and helps you manage the EMIs in a pocket-friendly way.
  • Quick & Easy Processing
    Our loans are processed quickly because of our easy online application process, basic eligibility criteria, and minimum documentation requirement. Thus, you can have a seamless experience of getting an easy Loan Against Property in Mumbai with Poonawalla Fincorp.
  • Long Repayment Tenor
    Loans Against Property can be of huge amounts and paying them off can be a burden, unless you have a flexible tenure offering lender like Poonawalla Fincorp. We offer a tenor of up to 15 years so that you can manage your instalments easily and repay your loan without the burden.
  • No Hidden Costs
    We maintain 100% transparency in communicating each applicable charge during the processing of your loan. We levy a nominal processing fee up to 1% of the approved sanction plus taxes. If you choose to foreclose your loan, we charge 4% of the outstanding loan amount plus taxes.
  • Loan on Varied Properties
    Avail loan from Poonawalla Fincorp in Mumbai on different assets including residential, commercial, warehouse, and industrial properties. You can avail of loans Up to ₹10 Crore which can be used without any restrictions.

Uses of Loan Against Property from Poonawalla Fincorp

Since there is no restriction on how you can spend the sanctioned amount, you can spend it for purposes like:

  • Debt Consolidation - It can be difficult to manage several loans with different interest rates and repayment tenors. Instead, you can go for one loan that enables you to close multiple loan accounts. This ensures you pay only one EMI and save by getting a Loan Against Property at the lowest interest rate in Mumbai.
  • Home Renovations - You can mortgage your residential or commercial property to fund the expenses of home renovations or expansion. You can use the funds for painting work, carpentry, and buying new furniture or appliances.
  • Personal or Family Expenses - Get a higher loan value with Poonawalla Fincorp to fund your child’s education, overseas tuition, and expenses, or for a grand affair like a wedding. A very important feature of our Loan Against Property is that you can borrow a larger amount with a repayment tenure of 3 – 15 years.
  • Medical Emergencies - You might need more financial backing than your health insurance policy in medical emergencies. Get a Loan Against Property on time with our minimal documentation and quick approvals.
  • Business Expansion - When you’re expanding your existing business, you need substantial capital. Make use of our Loans Against Property with affordable interest rates to fund all your requirements.

How does one avail of a Loan Against Property in Mumbai?

If you’re wondering how to apply for a LAP, you can always complete the online application. At Poonawalla Fincorp, we take pride in customer satisfaction. Here are a few of our branches near you:

Branch Addresses of Poonawalla Fincorp, NBFC in Mumbai for Loan Against Property:

  • Unit No. 73, 7th floor, Kalpataru Square, Andheri-Kurla Road, Andheri (East), Mumbai - 400059
  • 211,2nd Floor, Gauri Commercial Complex, Sector 11, Plot no. 19, CBD Branch, Navi Mumbai -400614
    Contact - 1800 266 3202, Timings: 9.00 a.m. – 6.00 p.m. from Monday – Saturday
    Drop by our branches anytime! We’d be happy to serve you!

Borrowing a loan can seem like a complex process, but we promise to make it simple for you. You can check the documents required and eligibility criteria for a Loan Against Property from the comfort of your home. Plan better by using our free LAP EMI Calculator beforehand. With affordable loan rates, longer repayment tenor, and minimal documentation; you can now get your Loan Against Property sanctioned right in your city, Mumbai!

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Whenever we face a financial emergency, the first thing that comes to our mind is applying for a loan. By taking a loan from a lender, we can access urgent finances

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Are you a person who is doing an online search for a loan product for availing a large sum of credit which is also cost-effective, having an easy application process

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