loan against property in vellore

Loan Against Property in Vellore

Quick Loan Process | Transparent Loan Terms | Attractive Interest Rates

Vellore is known for its rich history, educational institutions, and healthcare facilities, and is considered one of the most progressive cities in Tamil Nadu. As a city with immense growth opportunities, it is natural for its residents to have ambitions and goals they wish to fulfil. However, some may face certain financial constraints that can cause unnecessary hindrances. To alleviate such concerns, Poonawalla Fincorp’s Loan Against Property in Vellore serves as the perfect financial solution.

Our Loan Against Property in Vellore is designed to empower the residents of this city to accomplish their financial goals without worry. Whether you seek to invest in overseas education or renovate your home/office, you can leverage the value of your property to achieve these goals. With transparent terms and competitive interest rates, you can use this loan to support your specific requirements. Keep reading to know more about our Loan Against Property in Vellore.

Avail of our Loan Against Property in Vellore at competitive interest rates, starting at 9% per annum. Find more details below:

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

    Minimal Documentation

  • Quick Approvals Logo

    Quick Loan Approval Process

  • Competitive Interest Rate Logo

    Attractive Interest Rates

  • Minimal Documentation: We exclusively request essential documents, minimising paperwork and expediting the loan processing for your convenience.
  • Quick Loan Approval Process: Enjoy the advantage of swift loan approval via our online application procedure and dedicated support team.
  • Attractive Interest Rates: Get favourable interest rates on your Property Mortgage Loan, ensuring manageable monthly payments.
  • Self-employed Individuals: Fuel your ambitions with our flexible Loan Against Property solutions, tailored for self-employed professionals.
  • Firms and Companies: Boost the growth of your business with our business-focused Loan Against Property, unlocking potential through property collateral.
  • Salaried Individuals: If you are a salaried individual, you can obtain substantial funds easily using your property as collateral with our Loan Against Property.
  • Business Expansion: Our versatile Property Mortgage Loan can fuel your business development and expansion without financial worry.
  • Medical Emergency: Be prepared for medical emergencies, knowing our loan is there to help you cover unexpected medical expenses.
  • Debt Consolidation: Consolidate multiple high-interest debts seamlessly into one Loan Against Property at better interest rates.
  • Step 1: Select the ‘Loan Against Property’ option on our website.
  • Step 2: Check the eligibility criteria and click on ‘Apply Now’.
  • Step 3: Complete the loan application form.
  • Step 4: Upload the relevant documents.
  • Step 5: Submit the application and documents and wait for verification.

Once the loan application is verified and approved, authorise the disbursal of the loan amount to your selected bank account.

In conclusion, with Poonawalla Fincorp’s Loan Against Property in Vellore, you can fulfil all your goals by leveraging the value of your property. You can use the funds for your business, education, medical needs, or property renovation. Go ahead and fulfil your aspiration in Vellore without any hassle with our Loan Against Property in Vellore.

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