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

Get a Loan Against Property Loan in Bihar With Flexible EMIs

Bihar is known for its glorious history, ancient universities, festivals and local cuisine. Leverage your property in this state to meet your expenses with a Loan Against Property. Get a loan of up to ₹25 Crore with no end-use restrictions and simple eligibility criteria.

Poonawalla Fincorp offers a Loan Against Property with attractive interest rates, minimal paperwork and quick disbursal. Apply now!

Why Choose Poonawalla Fincorp

Higher Loan-to-Value (LTV) Ratio Fair Loan-to-Value (LTV) Ratio
No Hidden Charges No Hidden
Charges
Online
Application
Minimal
Documentation
Flexible Repayment Tenure Flexible
Repayment Tenure
Competitive Interest Rates Competitive
Interest Rate

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 a Loan Against Property in Bihar

Although our eligibility criteria differ based on whether you are salaried, self-employed or a 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 a Loan Against Property in Bihar

Submit the necessary documents, depending on whether you are salaried, self-employed or a firm/company, to apply for our mortgage loan:

● KYC Documents

● Income Proof

● Property Papers

● Bank Account Statement

● Address Proof

Click to know more about the documentation in detail.

Interest Rate and Charges for Loan Against Property in Bihar

We offer a mortgage loan at attractive interest rate 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
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
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 a Loan Against Property in Bihar

  • Paying for medical emergencies
  • Financing higher education
  • Covering travel costs
  • Renovating home
  • Consolidating high-interest debts
  • Expanding your business

Who Can Get a Loan Against Property in Bihar

● Salaried Individuals

● Self-employed Professionals

● Companies and Firms

Tips for Successful Loan Against Property Application

  • Build a good credit score
  • Pay off your existing debts
  • Check the lender’s eligibility criteria
  • Submit all property-related documents

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. Does having a high credit score increase your chances of getting a Loan Against Property?

A credit score of 750 and above improves your chances of getting approval for Poonawalla Fincorp's mortgage loan at lower interest rates and favourable terms.

2. Can I apply for Poonawalla Fincorp’s Loan Against Property for debt consolidation?

You can apply for a mortgage loan from Poonawalla Fincorp to consolidate your high-interest debts. Ensure that you meet the eligibility criteria and submit the necessary documents to improve your chances of getting loan approval.

3. What is the minimum age limit for availing of Poonawalla Fincorp’s Loan Against Property?

The maximum age limit for availing of our mortgage loan is 60 years (for salaried individuals) and 75 years (for self-employed individuals and business owners).

*T&C Apply