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

Get a Quick Loan Against Property in Durgapur

Benefit from Durgapur's thriving economy, which has led to increased property values. Get a Loan Against Property in Durgapur to expand your business, renovate your home or pay for unexpected expenses.

Get a loan of up to ₹25 Crore at attractive interest rates with minimal documentation, quick approval, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount
Competitive Interest Rate
Zero Hidden
Charges
Minimal
Paperwork
Online
Application
Favourable Loan Terms

Loan Against Property EMI Calculator

Plan your monthly repayments with our user-friendly EMI calculator. Just enter the loan amount, tenure, and interest rate. Calculate 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 Durgapur

Depending upon whether you are salaried, self-employed or an established firm/company, your eligibility criteria may differ based on:

  • Age
  • Occupation
  • Experience/Vintage
  • Citizenship

Click to know more about eligibility criteria in detail

Documents Required for Loan Against Property in Durgapur

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

  • Property Documents
  • Identity Proof
  • Address Proof
  • Income Proof
  • Bank Account Statement

Click to know more about the documentation in detail

Interest Rate and Charges for Loan Against Property

We offer mortgage loans at attractive interest rate and nominal charges:

INTEREST RATE
Strating from
9.5
%* p.a.

PROCESSING FEE
Up to
2
% + applicable taxes

FORECLOSURE CHARGES
5
% on principal outstanding + applicable taxes

Details of Charges for Loan Against Property in Durgapur

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 Durgapur

  • Medical emergencies
  • Business expansion
  • Travelling abroad
  • Home renovation
  • Wedding
  • Higher education
  • Debt consolidation

Who Can Get a Loan Against Property in Durgapur

  • Self-employed Individuals
  • Salaried Individuals
  • Firms or Companies

Poonawalla Fincorp Branch Address in Durgapur

Poonawalla Fincorp Limited

Address: 2nd Floor, Kwality Hotel Complex, Bhiringi More, Dist-Panchim Bardhman, West Bengal - 713213

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

Can I apply for Loan Against Property to cover wedding costs?

Yes, you can apply for a Loan Against Property from Poonawalla Fincorp to meet the costs associated with wedding planning. Cover expenses related to booking the venue, catering, decorations and others.

Are there any foreclosure charges for a property mortgage loan?

Yes, Poonawalla Fincorp charges a nominal foreclosure fee of 5% on the outstanding loan amount plus taxes on foreclosure of your loan.

What types of property can I pledge as collateral for LAP?

With Poonawalla Fincorp, you can pledge different types of properties as collateral, like residential, industrial or commercial!