Loan Amount
Up to ₹25 Crore
Loan Tenure
3-15 Years
Interest Rate
Starting from 9.5%*p.a.

Unlock Your Property's Value With a Loan of ₹60 Lakh

Leverage the value of your property with our ₹60 Lakh Loan Against Property. Access substantial funds to expand your business, cover any financial need, or empower your ambitions. 

Our smart financial solution enables you to leverage your asset's value, providing flexibility and security. Avail of Poonawalla Fincorp's Loan Against Property and enjoy competitive interest rates and extended tenure. Apply Now!

Why Choose Poonawalla Fincorp

Fair Loan-to-Value (LTV)
Competitive Interest Rate
No End-use Restrictions
Online Application
Swift Disbursal
Minimal
Documentation

EMI Calculator for Loan Against Property

Plan and manage your finances effortlessly with our online EMI calculator. Enter your loan amount, tenure and interest rate to get your EMI amount instantly. Try now!

Optimize Your Loan Against Property Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹5100000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
9 %
15 %

Tenure

Months
36Months
180Months

Apply for a Loan Against Property in Just 3 Steps

Click on "Apply Now”

Tap the Apply Now button to initiate your application.

Enter Details

Enter your contact, personal, occupation, and property ownership details.

Upload Documents

Upload the necessary documents for quicker approval.

On successful verification, the loan amount will be disbursed into your bank account instantly.

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for Loan Against Property of ₹60 Lakh

Depending upon whether you are salaried, self-employed and firms/companies, your eligibility criteria may differ based on:

  • Age
  • Occupation
  • Experience/Vintage
  • Citizenship

Click to know more about eligibility criteria in detail.

Documents Required for ₹60 Lakh Loan Against Property

Submit the required documents based on whether you are salaried, self-employed or an established firm/company to avail of this loan:

  • Property Documents
  • Identity Proof
  • Address Proof
  • Income Proof
  • Bank Account Statement

Click to know more about documentation in detail.

Interest Rate and Charges for ₹60 Lakh Loan Against Property

Get a loan against your property at competitive interest rates and charges:

INTEREST RATE
Starting at
9.5
%*p.a.

PROCESSING FEE
Up to
2
% + applicable taxes

FORECLOSURE CHARGES
5
% on principal outstanding + applicable taxes

Details of Charges for ₹60 Lakh Loan Against Property

Interest Rate
9.5%* p.a. onwards
Loan Amount
From ₹51 Lakh to ₹25 Crore
Loan Processing Fees
Up to 2% 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
5% on principle outstanding plus applicable taxes

5% on principle partly paid amount plus applicable taxes
Default Charges
24% per annum plus taxes
Cheque Bounce Charges
₹500/- Per Bounce
Stamp Duty
At actuals (as per state)
Hidden Charges
Nil

Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf

*T&C Apply

Different Uses of ₹60 Lakh Loan Against Property

  • Business expansion
  • Debt consolidation
  • Home renovation
  • Medical emergencies
  • Overseas education
  • Fund a dream wedding

Who Can Get ₹60 Lakh Loan Against Property?

  • Salaried individuals
  • Self-employed professionals
  • Firms or companies

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

How much loan amount can I receive on a property worth ₹40 Lakh?

The loan amount you receive against your mortgaged property depends on factors such as the loan-to-value ratio, property type, and eligibility.

What is the maximum amount under Poonawalla Fincorp’s Loan Against Property?

The maximum amount you can obtain through our LAP scheme is up to ₹25 Crore.

What is the monthly interest rate for a 60 Lakh Loan Against Property?

Our monthly LAP interest rate starts from 9.5% p.a. depending on your property details and personal profile.

Does Poonawalla Fincorp offer affordable EMI on their ₹60 Lakh Loan?

Our ₹60 Lakh Loan Against Property has the lowest EMI, at ₹1,044 per lakh for over 180 months.
*T&C Apply