loan against property

Loan Against Property @9% p.a.

Up to ₹25 Crore | Quick Approval | No Hidden Charges

Unlock the true value of your home or commercial space with Poonawalla Fincorp's Loan Against Property. Whether you need funds for personal or business needs, you can use your property as collateral to get a loan amount of up to ₹25 Crore.

With our quick and simple online application process, you can easily get a Loan Against Property without any hassle. Additionally, our loan comes with a flexible tenure that makes loan repayment convenient.

You can avail of a Loan Against Property for any purpose, be it debt consolidation, funding higher education abroad, or covering medical expenses. Furthermore, with minimal documentation, you can experience a seamless loan journey - from application to disbursal. Apply now!

Reasons to Get a Loan Against Property

A Loan Against Property can be availed of for any big-ticket expense. Some of the common ways to utilize these funds are to:

  • Higher education

    Expand an existing business

  • Wedding celebrations

    Consolidate high-interest debt

  • Medical expenses and hospital bills

    Pay for a medical emergency

  • Travel

    Renovate business infrastructure or a home

  • Home redecorations and revamps

    Fund overseas higher education

Loan Against Property Interest Rates 9% p.a. onwards
Loan Amount From ₹51 Lakh to ₹25 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 4% on the outstanding loan, plus applicable taxes
Late Payment Charges 2% 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
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Apply Online

Click on ‘Apply Now’ and enter your contact details along with loan amount, tenure, and property type.

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Enter Property Details

Enter your DOB and property ownership details.

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Enter Occupation Details

Enter your occupation and employment details.

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The application will then proceed for verification and assessment.

Interest Rate & Fees

9% p.a. onwards | One-time processing fee of up to 1% of sanction amount plus taxes.


Flexible repayment tenure of up to 180 months


Loan Amount: ₹51 Lakh, Interest Rate: 9%, Tenure: 180 months, equates to EMI of ₹51,728* per month.

* T&C Apply

Experience the best-in-class Loan Against Property offered by Poonawalla Fincorp. Here are the top features and benefits:

  • Unsecured and collateral-free loans logo

    Minimal documentation

  • Short turn around time for loan approval logo

    Quick & easy approval process

  • Quick loan disbursal facility logo

    A wide range of properties accepted as collateral

  • Competitively priced low-interest rate loan schemes logo

    High LTV for ample funding ranging up to ₹25* Crore

  • No foreclosure penalty logo

    Competitive interest rate & charges

  • Flexible repayment tenure logo

    Flexible repayment tenure of up to 180 months

  • No hidden charges logo

    No hidden costs

  • Collateral-free logo

    Doorstep services

We Offer Loan Against Property To

  • Identity Proof

    Salaried individuals

  • Address proof

    Self-employed professionals

  • Income Proof

    Firms/ Companies

The Loan Against Property offered by Poonawalla Fincorp is available for salaried individuals, self-employed professionals, and firms/companies. It has basic eligibility requirements that help speed up the process, allowing you to easily apply for the loan, even in an emergency.

To qualify for funding and get quick approval, you need to meet the eligibility criteria related to the following factors:

Age Requirement


Citizenship Status

Work Experience/
Business Vintage

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Monthly Salary Required

Business Profile

Employment Required

Statutory Compliances (wherever applicable*)

Note: The above-mentioned eligibility criteria are indicative. Additional prerequisites may be required during loan processing by Poonawalla Fincorp.

Our online application process eliminates lengthy paperwork and provides timely funding. We only require essential documents, which fall into 5 categories:

  • Identity Proof

    KYC Documents

  • Address proof

    Income and Financial Documents

  • Address proof

    Property Documents

  • Income Proof

    Bank Statement

  • Income Proof

    Sanction letter and SOA of Existing Loans (if any)

You can also check the specific list of Loan Against Property documents required for different borrowers!

Note: The above-mentioned list of documents for Loan Against Property is indicative. Additional documents may be required during loan processing.

A Loan Against Property Balance Transfer refers to the process of transferring your existing mortgage loan from the existing lender to your new lender. You can opt for the balance transfer of your Loan Against Property to Poonawalla Fincorp for any of the following reasons:

  • Lower interest rate
  • Longer and more flexible loan tenure
  • Higher loan amount
  • Higher LTV on the market value of the asset
  • Best-in-class customer service and query resolution

We realize that time is of the essence and hence, have kept the Loan Against Property balance transfer process simple and hassle-free. Following are the steps for balance transfer:

  • Visit the ‘Loan Against Property’ page on our website.
  • Click on “Apply Now
  • Fill in the required personal, professional, and financial details in the form.
  • Submit all the necessary documents.

A representative from Poonawalla Fincorp will get in touch with you for further processing. After your assessment and verification, you will receive a loan sanction. Once you authorize the disbursal, the loan amount will be credited to your bank account.

What is a mortgage loan?
When should I take a Loan Against Property?
Why should I opt for the Poonawalla Fincorp’s Loan Against Property?
Can I avail of the property mortgage loan online? How?

*Terms & Conditions Apply

Explore Our Various Types of Loan Against Property Arrow Logo

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Dos and donts and LAP
Know about property types for a loan against property

A mortgage loan is one of the most preferred types of secured loans. A secured loan is one where a borrower can pledge their property to a lender in exchange for receiving funds. Banks or non-banking financial com

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What is Loan Against Property?
A Loan against property or property mortgage loan is a secured loan granted when you offer your existing

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