Loan Amount
Up to ₹25 Crore
Loan Tenure
36-180 Months
Interest Rate
Starting at 9.5%* p.a.

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!

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

%
9.5%
15%

Tenure

Months
36 Months
180 Months

Why Choose Poonawalla Fincorp

High loan icon Fair Loan-to-Value Ratio
Interest rate icon Attractive Interest Rate
Minimal documentation icon Minimal
Documentation
Swift approval icon Swift
Approval
Repayment icon Flexible
Repayment Terms
No hidden charges icon Zero Hidden
Charges

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

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:

Interest Rate
9.5%* p.a. onwards
Loan Amount
From ₹51 Lakh to ₹25 Crore
Loan Processing Fees
Up to 2%
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

  • Firms or Companies
  • Salaried individuals
  • Self-employed individuals

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

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