Apply for a Loan Against Property in Tamil Nadu with Minimal Documentation
Availing a Loan Against Property in Tamil Nadu helps leverage the value of the property and secure funds for covering any big-ticket expense. You can use the loan amount for meeting financial needs such as home renovation, business expansion, medical emergencies, etc.
With Poonawalla Fincorp’s Loan Against Property, you can avail up to ₹5 Crore and enjoy the benefits such as competitive interest rates, flexible repayment, zero hidden charges, minimal documentation, etc. Apply now!
Loan Against Property Interest Rates in Tamil Nadu
Poonawalla Fincorp offers a Loan Against Property at affordable rates of interest to meet respective financial obligations. Here is a detailed overview:
| 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 | |
Online EMI Calculator to Get Loan Against Property in Tamil Nadu
With the help of our online EMI calculator, you can methodically plan out your EMI schedule and your monthly repayment obligations, helping you never miss your repayment date. Enter your details such as loan amount, tenure, and rate of interest.
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EMI Amount = *
Features and Benefits of Loan Against Property in Tamil Nadu
Below are some of the important features and benefits you need to keep in mind:
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Instant Disbursal
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Minimal Documentation
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Zero Hidden Charges
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Flexible EMIs
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Collateral-free
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No End Usage Restriction
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Various Properties
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Easy Application
- Instant Disbursal: Get the loan directly into your bank account after verification.
- Minimal Documentation: Provide your KYC documents and address proof.
- Zero Hidden Charges: No additional or hidden charges are levied on Loan Against Property.
- Flexible EMIs: Repay the loan at your convenience with a loan tenure of up to 15 years.
- Collateral-free: No need to pledge collateral to get a Loan Against Property.
- No End Usage Restriction: Use the loan to meet any financial requirement.
- Various Properties: You can take loan various properties such as residential, commercial or industrial purposes.
- Easy Application: Just hit the ‘Apply Now’ button to get a Loan Against Property!
Various Types of Loan Against Property in Tamil Nadu
Poonawalla Fincorp provides property mortgage loan in Tamil Nadu on a diverse range of properties, allowing you to leverage your commercial, residential or industrial property to obtain instant funds. Read below to learn more:
- Loan Against Residential Property: Loan Against Residential Property allows you to avail a loan against properties you own, whether it is a house, villa or flat.
- Loan Against Commercial Property: With our Loan Against Commercial Property, you can pledge commercial properties such as buildings, retail outlets, hotels, etc to obtain our mortgage loan with zero hidden charges.
- Loan Against Industrial Property: You can leverage the value of your industrial property such as data centres, private warehouses, flex spaces, fabrication facilities, etc.
- Loan Against Property Balance Transfer: Our Loan Against Property balance transfer feature helps you enjoy the benefits of lower interest rates, allowing you to manage your finances better.
Poonawalla Fincorp Branch Address in Tamil Nadu
Poonawalla Fincorp Limited
Address: 2nd Floor,The Oval Tower, Venkatanarayana Road, T.Nagar, Chennai Tamil Nadu-600017
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Address: No. 12A, 4th Floor,ATP Tower, Bypass Road, Madurai, Tamil Nadu-625016
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Address: No 258/2,2/91, 2nd Floor, Sri Vaari Shopping Mall, New Bus Stand Main Road, Meyyanur, Salem,Tamil Nadu-,-636004
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Address: Office No 2, 3rd Floor, Ray Towers, Vadavoor Salai, 9th Cross, Thillainagar, Trichy, Tamil Nadu--620018.
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
Address: 6th Floor, Classic Towers, Trichy Road,Coimbatore Tamil Nadu-641018.
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)
*Terms & Conditions Apply
