loan against property in mumbai

Loan Against Property in Mumbai

Easy Processing | Affordable Interest Rates | Minimal Documentation

In the bustling metropolis of Mumbai, where dreams are woven into the fabric of daily life, by providing uncountable opportunities for the residents to seize. However, it is always not easy for everyone to seize the opportunity without any financial support. Poonawalla Fincorp offers an invaluable financial tool - Loan Against Property (LAP) to support you financially to achieve your dreams. Our Loan Against Property in Mumbai empowers you to harness the potential of your property for diverse financial needs.

With competitive interest rates and a transparent loan processing system, we ensure that your journey toward financial growth in Mumbai is smooth and convenient. Realize your dreams, meet your financial requirements, and embrace a brighter future with Poonawalla Fincorp's Loan Against Property.

Enjoy transparent loan processing in Mumbai at interest rates starting from just 9% p.a. Refer below for more details:

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

    Flexible Repayment Period

  • Quick Approvals Logo

    Transparent Processing

  • Competitive Interest Rate Logo

    Generous Loan Amount

Flexible Repayment Period

Poonawalla Fincorp's Loan Against Property provides the flexibility of a repayment tenure of up to 15 years, making instalment payments easy and manageable.

Transparent Processing

We uphold complete transparency, communicating all charges and fees during the loan processing and listing them in the documentation, so you can rest assured that there are no hidden fees to worry about.

Generous Loan Amount

Choose our Loan Against Property and access a substantial sanction that can cover any requirement. We offer loans ranging from ₹51 Lakh to ₹5 Cr.

  • Salaried Individuals: If you maintain a stable job, you can seize the opportunity to use your property as security for accessing loans through our services.
  • Firms/Companies: With our Loan Against Property for firms and businesses, avail of finance through Property Mortgage Loan and grow your business without any hassle.
  • Self-employed Professionals: Our loan is designed to empower the dreams of self-employed professionals, such as Doctors and other professionals through a Property Mortgage Loan.
  • Boost Your Business: Take your business to new heights by funding its growth and expansion with our Loan Against Property.
  • Medical Support: Be prepared for unexpected medical emergencies with our accessible LAP funding options, providing you with financial peace of mind.
  • Global Learning: Enable your dreams of international education with our Loan Against Property funding options for higher studies abroad.<

In the bustling metropolis of Mumbai, Poonawalla Fincorp's Loan Against Property stands as a financial ally. Offering competitive LAP interest rate, an extended repayment period, and transparent operations, our Loan Against Property is designed to cater to diverse financial needs. Step into a brighter financial future in Mumbai with Poonawalla Fincorp's Loan Against Property.

Poonawalla Fincorp Limited

Address: Unit No. 73, 7th floor, Kalpataru Square, Andheri-Kurla Road, Andheri (East), Mumbai - 400059
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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A Loan against property or property mortgage loan is a secured loan granted when you offer your existing

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