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

Secure a Loan Against Property in Chandigarh With Fast Approval

Meet your regular and big-ticket expenses with our Loan Against Property in Chandigarh. Avail up to ₹25 Crore with minimal documentation, attractive interest rates, flexible EMIs and quick disbursal to finance both your personal needs, including education, home renovation, debt consolidation, and business-related expenses. Apply now to leverage this opportunity!

Why Choose Poonawalla Fincorp

Faster Loan
Approval
High Loan Amount
Minimal
Documentation
No Hidden
Charges
Flexible
Loan Tenure
Attractive Interest Rate

Loan Against Property EMI Calculator

Calculate your monthly EMIs with our online EMI calculator. Enter the loan amount, interest rate and tenure for quick results. 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 %
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 Chandigarh

Meet our basic eligibility criteria to avail of the mortgage loan:

  • Age Limit
  • Nationality
  • Experience/Vintage
  • Business Stability

Click to know more about eligibility criteria in detail

Documents Required for Loan Against Property in Chandigarh

Submit these basic documents to apply for the loan:

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

Click to know more about the necessary documents in detail

Interest Rate and Charges for Loan Against Property

Avail of a property mortgage loan in Chandigarh with competitive interest rates and minimal 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
Up to 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
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

Different Uses of a Loan Against Property in Chandigarh

  • Expand your business
  • Cover your overseas education expenses
  • Consolidate debt
  • Renovate your home or business infrastructure
  • Cover unforeseen medical emergencies

Tips for Successful Loan Against Property Application

  • Know the loan eligibility criteria before applying
  • Select the appropriate loan amount
  • Make sure all property documents are in order
  • Track your credit scores and repayment history
  • Arrange the necessary documents

Poonawalla Fincorp Branch Address in Chandigarh

Poonawalla Fincorp Limited

Address: 2nd Floor, SCO 311-312, 35B, Above Canara Bank, Sector-35, Chandigarh, Punjab-160022

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

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

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

What are the types of properties you can pledge as collateral for LAP?

You are eligible to apply for a mortgage loan in Chandigarh by pledging different property types including residential, commercial and industrial, provided you meet the eligibility criteria.

Are there restrictions on the use of a property mortgage loan?

No, you can utilise the funds procured from LAP in Chandigarh to meet any financial need, from planning a grand wedding to expanding your business. There are no end-use restrictions.

What is the highest loan amount for a Loan Against Property in Chandigarh?

You can get a loan amount of up to ₹25 Crore from Poonawalla Fincorp to meet your financial obligations.