Apply for a Seamless LAP Balance Transfer
Optimise your existing loans to reduce your debt burden and enhance your overall finances. Transfer your balance to Poonawalla Fincorp and benefit from a fair loan-to-value, favourable interest rates, minimal paperwork and flexible loan tenure. Apply now!
Check Monthly EMI for LAP Balance Transfer
Use our EMI calculator for a quick and accurate estimate of your monthly instalments. Enter your loan amount, tenure and interest and get results instantly. Try now!
Why Choose Poonawalla Fincorp
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.
Depending upon whether you are salaried, self-employed or an established firm/company, your eligibility criteria may differ based on:
- Age
- Occupation
- Experience/Vintage
- Citizenship
Click to know more about eligibility criteria in detail
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
We offer competitive interest rates and charges:
5% on principle partly paid amount plus applicable taxes
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
- Firms or Companies
- Salaried individuals
- Self-employed individuals
Happy Customers, Happy Us
I am incredibly grateful for the outstanding support I received throughout my loan process. The guidance provided made every step feel manageable and stress-free. What stood out most was the humility and genuine willingness to help at every stage, qualities that made a significant difference in my experience. Without this support, the journey would have been far more challenging. I truly appreciate the dedication and helpful nature that was consistently demonstrated. The efforts put forth were invaluable, and I feel fortunate to have worked with someone so committed and supportive.
Throughout my loan journey, the Poonawalla Fincorp team showcased exceptional dedication, in-depth product knowledge, and a truly customer-centric approach. At every stage, they guided me with patience and clarity, making the entire process seamless, transparent, and timely. Their proactive communication and unwavering willingness to go the extra mile are a testament to the organization’s high standards of service excellence. Such professionalism not only fosters strong customer trust but also reinforces Poonawalla Fincorp’s reputation as a leading, customer-focused financial institution. I extend my heartfelt thanks to the entire team for their commendable efforts and wish them continued success in all their endeavors.
It was really great working with Poonawalla Fincorp. Thanks to the support and coordination by the team. I was able to get a significant portion of my requirements despite having a bit of a mess in my financial records. The loan processing and disbursement process at Poonawalla Fincorp was super smooth. They were incredibly cooperative and helpful. I’m looking forward to building a healthy relationship with them in the future. Thank you.
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Frequently Asked Questions
A balance transfer loan allows a borrower to transfer the existing loan from one lender to another lender.
The minimum eligible amount for a LAP Balance Transfer with Poonawalla Fincorp is ₹51 Lakh.
The necessary documents for balance transfer include:
- Property Documents
- Identity Proof
- Address Proof
- Income Proof
- Bank Account Statement
The interest rate for our LAP Balance Transfers starts at 9.5%* p.a. Several factors, including property type and credit score, influence your specific Balance Transfer interest rate.
*T&C Apply