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

Get a Loan Against Property in Bhubaneswar Instantly

Bhubaneswar, the capital of Odisha, is famous for its magnificent temples, rich history, local cuisine and festivals. Unlock your residential or commercial property’s value in this city to meet your personal or business-related expenses with a Loan Against Property. Secure instant funding of up to ₹25 Crore with flexible EMIs and zero hidden charges.

We at Poonawalla Fincorp, one of India’s most trusted financial lenders, offer a Loan Against Property with competitive interest rates, no-end use restrictions and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

Fair
Loan-to-Value (LTV)
Ratio
Zero Hidden
Charges
No
End-usage
Restrictions
Swift
Approval
Minimal
Documentation
Instant
Disbursal

Loan Against Property EMI Calculator

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 Loan Against Property in Bhubaneswar

While our eligibility criteria depend on whether you are salaried, self-employed or an established firm/company, here are some of the main details:

  • Age
  • Citizenship
  • Experience/Vintage
  • Occupation

Click to know more about the eligibility criteria in detail.

Documents Required for Loan Against Property in Bhubaneshawr

Submit the necessary documents, depending on whether you are salaried, self-employed or an established firm/company, to avail of our property mortgage 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 Loan Against Property in Bhubaneshawr

We offer a Loan Against Property at competitive interest rates and nominal charges:

INTEREST RATE
Starting from
9.5
%* p.a.

PROCESSING FEE
Up to
2
% + applicable taxes

FORECLOSURE CHARGES
5
% on principal outstanding + applicable taxes

Interest Rate
9.5%* p.a. onwards
Loan Amount
From ₹51 Lakh to ₹25 Crore
Loan Processing Fees
2% plus applicable taxes
Lowest EMI per month
₹1044* per Lakh for 180 months
Loan 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
Repayment Instrument Dishonour Charges
₹500 per bounce plus applicable taxes
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 Bhubaneswar

● Covering medical emergency costs

● Financing higher education

● Financing your travel expenses

● Refurbishing your home

● Consolidating high-interest debt

● Expanding your business

Who Can Get a Loan Against Property in Bhubaneswar

● Salaried Individuals

● Self-employed Professionals

● Companies/Firms

Tips for a Successful Loan Against Property Application

● Check the eligibility criteria

● Finalise the loan amount as per your requirements

● Check your credit score

● Maintain a lower debt-to-income ratio

● Arrange the required documents

● Avoid multiple loan applications

Poonawalla Fincorp Branch Address in Bhubaneswar

Poonawalla Fincorp Limited

Address: Office No. 108, 108(a), 109 & 110, 1st Floor, Odyssa Business Centre, Rasulgarh Square, Bhubaneswar, Odisha -751010

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. What is the minimum interest rate for a Loan Against Property from Poonawalla Fincorp?

The minimum interest rate for a property mortgage loan from Poonawalla Fincorp starts from 9.5%* p.a. The interest rate applicable depends on your credit score, monthly income, repayment capacity, market value of the property pledged as collateral, etc.

2. What is the minimum age limit for getting a Loan Against Property from Poonawalla Fincorp?

The minimum age limit to apply for our mortgage loan is as follows:

· For salaried employees: 21 years

· For self-employed individuals: 18 years

· For a proprietor, partner or director of a firm/company: 18 years

3. What is the total business vintage required for a firm/company applying for a Loan Against Property?

A firm/company should have a business vintage of at least 5 years in the same business to apply for Poonawalla Fincorp’s mortgage loan.