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

Get a Loan Against Property Loan in Bathinda With Instant Disbursal

Bathinda, a city in Punjab, is famous for its historical sites and is home to several industries like chemicals, cotton, food grains, etc. Pledge your residential or commercial property in this city to fulfil your financial needs with a Loan Against Property. Avail of a loan of up to ₹25 Crore to finance your education, expand your business, cover travel costs, etc.

As one of the most trusted financial brands in the country, we at Poonawalla Fincorp offer a property mortgage loan with attractive interest rates, simple eligibility criteria and quick approval. Apply now!

Why Choose Poonawalla Fincorp

Higher
Loan-to-Value (LTV)
Ratio
No
End-usage
Restrictions
No Hidden
Charges
Quick
Approval
Instant
Disbursal
Attractive
Interest Rates

EMI Calculator for a Loan Against Property in Bathinda

Plan your monthly repayments effortlessly with our EMI calculator. Enter the loan amount, interest rate, and tenure to know your EMIs 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

Rupees one lakh

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 a Loan Against Property in Bathinda

While the eligibility criteria of Poonawalla Fincorp’s mortgage loan differ based on whether you are salaried, self-employed or an established firm/company, some of the main details are as follows:

  • Age limit:
    For salaried employees: 21-60 years
    For self-employed individuals: 18-75 years
    For a proprietor, partner or director of a firm/company: 18-75 years
  • Nationality: Indian
  • Experience/Vintage:
    For salaried: At least 3 years of total work experience with a minimum of 6 months in current employment
    For self-employed: Should be in the same profession/business for the last 5 years
    For a firm or company: At least 5 years in the same business

Click to know more about the eligibility criteria in detail.

Documents Required for a Loan Against Property in Bathinda

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

  • KYC Documents
  • Income Proof
  • Property Papers
  • Bank Account Statement
  • Address Proof

Click to know more about documentation in detail.

Interest Rate and Charges for a Loan Against Property in Bathinda

Poonawalla Fincorp offers a property mortgage loan at competitive interest rates and nominal charges:

Loan Against Property Charges Details

Interest Rate
9.5%* p.a. onwards
Loan Amount
From ₹51 Lakh to ₹25 Crore
Loan Processing Fees
Up to 1.5% 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
0% if paid from own sources and
4% if paid from other sources
Default Interest
2% per month
Repayment Instrument Dishonour Charges
₹500 per bounce plus applicable taxes
IMD Charges - Initial Application Fee
₹10,000 (non-refundable)
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 Loan Against Property in Bathinda

● Paying for medical emergencies

● Financing your higher education

● Refurbishing your home

● Covering your travel costs

● Consolidating high-interest debts

● Expanding your business

Who Can Get a Loan Against Property in Bathinda

● Salaried Individuals

● Self-employed Professionals

● Companies/Firms

Poonawalla Fincorp Branch Address in Bathinda

Poonawalla Fincorp Limited

Address: 1st Floor, Grover Complex, Shri Hanuman Chowk, GT Road, Bathinda, Punjab-151001

Contact Number: 1800-266-3201 (Toll Free)

Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

*T&C Apply

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

1. Can I avail of a mortgage loan from Poonawalla Fincorp on a jointly owned property?

Yes, you can apply for our mortgage loan by pledging your jointly-owned property. However, note that both co-owners must be co-applicants of the loan.

2. Can I use the funds availed from Poonawalla Fincorp’s Loan Against Property for any purpose?

Yes, you can use the funds obtained from our mortgage loan to meet your personal or business expenses. Get a Loan Against Property to finance several expenses such as education, wedding business expansion, medical expenses, travel, home renovation, etc.

3. Is there a prepayment penalty on Poonawalla Fincorp’s Loan Against Property?

There is no pre-payment penalty on our mortgage loan when you pay the loan amount from your own sources. However, if you repay the loan from other sources, you will incur a penalty of 4%.