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

Features and Benefits of Loan Against Property

A Loan Against Property (LAP) enables borrowers to access the value of their residential or commercial property to satisfy a range of financial requirements. This loan provides a useful option to obtain significant amounts at affordable interest rates, whether for personal spending, business expansion, education, or medical expenses. A Loan Against Property is known as a reliable financing choice due to its competitive rates, flexible repayment options, minimal documentation and other key benefits. Apply now for quick and easy financing!

High loan amount icon High Loan Amount

You can avail substantial funding (from ₹ 51 Lakh to ₹25 Crore) by leveraging your property.

Interest rate icon Competitive Interest Rates

Interest rates of a LAP start from around 9.5% p.a., helping reduce overall borrowing costs.

Loan process icon Quick and Easy Loan Processing

The loan application process is simple, digital, and ensures faster approval and disbursal.

documentation icon Minimal Documentation

Requires only essential paperwork, making the process convenient and hassle-free.

repayment tenure icon Flexible Repayment Tenure

Repayment tenure ranges from 3 to 15 years, allowing you to choose based on your financial capacity.

icon Loan Against Multiple Property Types

Loans can be availed against residential, commercial, or industrial properties.

ltv icon Fair Loan-To-Value (LTV) on Market Value

You get a reasonable percentage of your property’s market value as the loan amount.

processing icon Transparent Processing

All charges and fees are disclosed upfront, ensuring complete transparency.

product category icon Multiple Loan Options

Options available for general Loan Against Property and loan against commercial property.

Benefits of a Loan Against Property

Here are the key advantages of a Loan Against Property offered by Poonawalla Fincorp:

●    This loan helps to leverage the value of your property without losing its ownership.
●    You can continue using the collateralised property during the loan tenure.
●    It provides long-term funding for several financing needs.
●    You can use the borrowed amount for either personal or professional objectives.
●    This loan can provide higher funding based on the value of your property.
●    It maintains liquidity without affecting your investments or savings.

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.

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Frequently Asked Questions

Yes, because it has lower interest rates than unsecured loans, it is typically more affordable.

Yes, various valuation standards may apply to residential and commercial properties, which may have an effect on loan amounts and interest rates.

Indeed, obtaining better loan terms and increasing your chances of loan approval are two benefits of having a higher credit score.

Yes, it is possible to apply with a co-applicant, which could improve your loan eligibility.

Yes, in order to guarantee repayment capabilities, lenders demand a steady income.

Yes, self-employed individuals can apply; however, the loan eligibility is based on their income stability and business proof.

Yes, borrowers can choose repayment tenures and EMI structures that suit their financial situation.

Generally, funds can be utilised for almost anything, with the exception of risky or illicit activities.

Approval timelines vary; however, with proper documentation, it can be processed within a few days.

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