loan against property in nellore

Loan Against Property in Nellore

Flexible Repayment Tenure | Minimal Documentation | Quick Loan Disbursal

Nellore is a city with a beautiful natural landscape and is also home to many professionals, business owners and other property owners. In this rapidly growing city of Andhra Pradesh, it is not easy for everyone to seize the opportunities without any financial constrain. Poonawalla Fincorp presents a valuable financial solution - Loan Against Property (LAP). Our Loan Against Property in Nellore allows you to unlock the financial potential of your property for various needs. Whether it's expanding your business, funding higher education, covering medical expenses, or renovating your property, Loan Against Property offers a flexible and customizable solution.

With competitive interest rates and a transparent process, Poonawalla Fincorp ensures a hassle-free borrowing experience. In the midst of Nellore's economic development, Poonawalla Fincorp stands as a trusted financial partner, empowering you to utilize your property for a secure and prosperous financial future.

Poonawalla Fincorp provides Loans Against Property in Nellore with attractive interest rates starting from 9% p.a., ensuring affordable EMIs. For more information, read below:

Interest Rate 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
Default Interest 2% per month
Repayment Instrument Dishonour Charges ₹500 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

    Attractive Interest Rates

  • Quick Approvals Logo

    Generous Funding

  • Competitive Interest Rate Logo

    Transparent Processing

Attractive Interest Rates

Enjoy budget-friendly interest rates that ensure affordable EMIs, providing financial ease.

Generous Funding

Obtain substantial financial support in proportion to your property's value, allowing you to achieve your financial goals.

Transparent Processing

We emphasize transparency by openly communicating all fees throughout the loan processing phase.

  • Firms/Companies: Our Loan Against Property (LAP) services are available to businesses and enterprises, enabling them to achieve growth and meet their financial requirements by utilizing their property as collateral.
  • Salaried Individuals: Avail funds without any effort through our Loan Against Property using your stable earnings and fulfil a wide range of financial needs.
  • Self-employed professionals: No matter your chosen field, our loan solutions grant you the versatility to use your property as collateral, whether you need financing for personal or business purposes.
  • Medical Emergency: Be prepared for unexpected medical emergencies with our quick Loan Against Property-accessible financing options.
  • Property Renovation: Transform your business space or home into a better version with our Loan Against Property.
  • Overseas Education: Make studying abroad a reality for your child by leveraging your property's value.

In the promising city of Nellore, Poonawalla Fincorp offers a pathway to financial strength through our Loan Against Property. With competitive interest rates and a smooth application process, we enable you to access the potential of your property for a brighter tomorrow. Seize the opportunities that await and propel your financial aspirations forward with our transparent and accommodating Loan Against Property.

Poonawalla Fincorp Limited

Address: 4th floor, Sri Chamundeswari Plaza,House no.24/2/418, Saraswathi Nagar, Dargamitta , Nellore,Andhra Pradesh-524003
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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