Get a Loan Against Property in Chennai
Chennai, a city rich in culture and heritage, is also known for its tourist destination and premium medical facilities and is thriving to develop in every way possible. With our Loan Against Property, you can get the best value for your property and fulfil your dreams without any hassle. Enjoy higher loan amounts, flexible repayment tenure, and no hidden charges. Apply now!
Loan Against Property EMI Calculator
Plan your loan repayment effortlessly with our EMI calculator. Enter the loan amount, interest rate, and tenure to get an accurate result. Calculate now!
Why Choose Poonawalla Fincorp
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.
The eligibility criteria for a Loan Against Property may differ depending on whether you are a salaried individual, self-employed or a firm/company and aspects like:
- Age
- Occupation
- Experience/Vintage
- Citizenship
Click to know more about eligibility criteria in detail
Furnish a few documents to avail of a loan from Poonawalla Fincorp:
- Property Documents
- Identity Proof
- Address Proof
- Income Proof
- Bank Account Statement
Click to know more about documentation in detail
Get a loan against your property at competitive interest rate and charges:
5% on principle partly paid amount plus applicable taxes
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
- Business expansion
- Property renovation
- Medical emergencies
- Higher education
- Debt consolidation
- Wedding expenses
- Check eligibility criteria beforehand.
- Ensure the property has no legal issues.
- Maintain a low debt-to-income ratio.
- Maintain a high credit score.
- Keep the necessary documents handy.
- Provide accurate information in the application.
Poonawalla Fincorp Limited
Address:2nd Floor, The Oval Tower, Venkatanarayana Road, T.Nagar, Chennai Tamil Nadu-600017
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)
Happy Customers, Happy Us
I am incredibly grateful for the outstanding support I received throughout my loan process. The guidance provided made every step feel manageable and stress-free. What stood out most was the humility and genuine willingness to help at every stage, qualities that made a significant difference in my experience. Without this support, the journey would have been far more challenging. I truly appreciate the dedication and helpful nature that was consistently demonstrated. The efforts put forth were invaluable, and I feel fortunate to have worked with someone so committed and supportive.
Throughout my loan journey, the Poonawalla Fincorp team showcased exceptional dedication, in-depth product knowledge, and a truly customer-centric approach. At every stage, they guided me with patience and clarity, making the entire process seamless, transparent, and timely. Their proactive communication and unwavering willingness to go the extra mile are a testament to the organization’s high standards of service excellence. Such professionalism not only fosters strong customer trust but also reinforces Poonawalla Fincorp’s reputation as a leading, customer-focused financial institution. I extend my heartfelt thanks to the entire team for their commendable efforts and wish them continued success in all their endeavors.
It was really great working with Poonawalla Fincorp. Thanks to the support and coordination by the team. I was able to get a significant portion of my requirements despite having a bit of a mess in my financial records. The loan processing and disbursement process at Poonawalla Fincorp was super smooth. They were incredibly cooperative and helpful. I’m looking forward to building a healthy relationship with them in the future. Thank you.
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Frequently Asked Questions
You can avail of a loan amount of up to ₹25 Crore with Poonawalla Fincorp. However, the loan amount depends on the value of your property and loan application.
Yes, Poonawalla Fincorp's Loan Against Property has no fund usage restrictions. You can use it for business expansion, home renovation, education, debt consolidation, or other purposes.
Yes, Poonawalla Fincrop allows you to prepay your Loan Against Property. However, you must pay a nominal prepayment charge of 5% on principle partly paid amount plus applicable taxes.
Defaulting on payments could result in penalties and increase the risk of losing your property. Therefore, it is crucial to make timely repayments.