loan against property in mysore

Loan Against Property in Mysore

Minimal Documents | Flexible Repayment Tenure | Attractive Interest Rates

Mysore is a city known for its world-famous sandalwood and rosewood artefacts and the emerging IT hub of Karnataka is an equal blend of traditional and modernity. The rapidly developing environment of Mysore creates lots of opportunities for Property owners to seize. With our Loan Against Property in Mysore, you can utilize the value of your property to secure significant funds for various purposes, whether it’s expanding your business, funding your child’s education, managing medical expenses, or renovating your home. Poonawalla Fincorp offers competitive interest rates and a transparent loan processing system, ensuring a smooth and efficient borrowing experience. Unlock the potential of your property and achieve your financial goals with Poonawalla Fincorp’s Loan Against Property.

Get competitive interest rates and transparent loan processing for your Loan Against Property in Mysore with Poonawalla Fincorp’s Loan Against Property. Refer below for a detailed breakdown of charges and fees:

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

    Swift Processing

  • Quick Approvals Logo

    No Hidden Charges

  • Competitive Interest Rate Logo

    Generous Funding

Swift Processing

Our simplified procedure minimises paperwork, speeding up the loan approval process.

No Hidden Charges

Enjoy full transparency in terms of costs, with a comprehensive breakdown of all charges and fees.

Generous Funding

Access substantial financing, reaching up to ₹5 Cr, to fulfil your aspirations.

  • Self-employed professionals: Regardless of your specific occupation, our Loan Against Property avails you the flexibility to utilise your property as collateral, to secure financing required for both personal and business objectives.
  • Salaried individuals: If you have a stable source of income, you can take advantage of the opportunity to use your property as security for obtaining loans through our services.
  • Firms/Companies: Empower the growth of your business by value of your properties through Property Mortgage Loan.
  • Property Renovation: Enhance your business space or living environment with our Loan Against Property.
  • Medical Emergency: Be prepared for unforeseen medical emergencies with our swift Loan Against Property financing.
  • Higher Education: Secure your child's future with our Property Mortgage Loan for their education.

Poonawalla Fincorp's Loan Against Property in Mysore offers a financial tool to transform your aspirations into reality. Take advantage of attractive interest rates on loan against property, Flexible repayment tenure, and minimal paperwork, simplifying your borrowing experience. Whether it's elevating your business, investing in education, or renovating your property, our Loan Against Property is designed to meet your financial goals.

Poonawalla Fincorp Limited

Address: CH-26/1, 5th Cross Road, Akshaya Bhandar, Saraswathipuram, Mysuru, Karnataka 570009
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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