Opt for Transparent Terms for your Loan Against Property in Visakhapatnam!
Visakhapatnam is known for its picturesque beaches and growing urban landscape. Besides this, the city thrives with businesses and aspirations, that often demands huge funds to be invested. However, finding a source for the same often seems difficult. Poonawalla Fincorp’s Loan Against Property product comes as a tailored financial solution for individuals and enterprises. Be it a salaried professional, a business owner, or a self-employed individual, Loan Against Property allows you to leverage the value of your property to fulfil your financial aspirations.
With Poonawalla Fincorp's Loan Against Property, you can access substantial funds for various needs, from business expansion to education or medical expenses. Explore the benefits of Loan Against Property and embark on a journey toward financial stability in this thriving coastal gem.
Loan Against Property Interest Rates in Visakhapatnam
You can now enjoy transparent loan processing in Visakhapatnam with Poonawalla Fincorp for a hassle-free borrowing experience. Explore competitive interest rates starting at just 9% p.a. Please see below for more details:
| Loan Against Property Interest Rates | 9% p.a. Onwards |
| Loan Amount | From ₹51 Lakhs to ₹5 Cr |
| 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 | |
Features and Benefits of Loan Against Property in Visakhapatnam:
-
Transparent processing
-
Foreclosure charges
-
High Loan Amount
Transparent processing
There are no hidden fees that you need to worry about while applying for a Property Mortgage Loan from Poonawalla Fincorp.
Foreclosure charges
Foreclose your loan ahead of time and clear your debt without worrying about high charges if paid through own sources.
High Loan Amount
We offer loans high loan amounts, ranging between ₹51 Lakhs to ₹5 Cr.
We offer a Loan Against Property in Visakhapatnam for:
- Firms and Companies: Achieve business expansion and financial milestones using your property as security with our Loan Against Property services.
- For Salaried Individuals: Get a flexible loan for your personal or business needs by utilizing your property.
- Self-employed Individuals: Empower your financial journey with our Loan Against Property solutions designed to cater to the unique needs of self-employed professionals.
Purposes of Loan Against Property in Visakhapatnam
- Consolidate high-interest debt: Merge multiple debts into one manageable payment. Simplify your debt with consolidation.
- Emergency Fund: Secure your family's future with a readily accessible emergency fund through our Loan Against Property.
- Home/Office Transformation: Adapt to the modern work environment with Loan Against Property for home office renovations and improvements.
Conclusion
Embrace financial clarity and ease with a Loan Against Property in Visakhapatnam through Poonawalla Fincorp. This coastal city, famed for its picturesque beaches and urban growth, is a hub of ambitions and businesses. Regardless of being a salaried worker, business owner, or self-employed individual, Poonawalla Fincorp’s Loan Against Property empowers you to utilize your property's value for varied financial goals. With competitive interest rates starting at just 9% p.a., you can secure substantial funds for endeavours like business expansion, education, or medical expenses. Discover the advantages of Loan Against Property and head towards financial security in this thriving coastal city.
Poonawalla Fincorp’s Branch Address in Visakhapatnam:
Poonawalla Fincorp Limited
Address: Door No.10-5-/22/2/3, "Varsha Tower", 2nd Floor Waltair Main Road, Opp to WNS, Visakhapatnam-530003
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
