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

Access Instant Funding With a Loan Against Property in Faridabad

Leverage your residential or commercial property in Faridabad to meet your financial needs with a Loan Against Property from Poonawalla Fincorp. Secure hassle-free funds of up to ₹25 Crore to cover education expenses, expand your business, home renovation, etc. What’s more? Benefit from our attractive interest rates, flexible repayment tenure, easy application process and fast approval. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount
No Hidden
Charges
Attractive Interest Rate
Quick Loan
Approval
Flexible
Repayment Options
Minimal
Documentation

Loan Against Property EMI Calculator

Use our EMI calculator to plan your monthly payments for a LAP loan. Simply enter the desired loan amount, interest rate, and tenure to know your EMIs instantly. 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 Property Mortgage Loan in Faridabad

Our eligibility criteria may differ depending on whether you are a salaried individual, self-employed or a firm/company and on aspects like:

  • Age
  • Occupation
  • Experience/Vintage
  • Citizenship

Click to know more about eligibility criteria in detail

Documents Required for Loan Against Property in Faridabad

Submit these essential mortgage loan documents:

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

Click to know more about documentation in detail

Interest Rate and Charges for LAP in Faridabad

Poonawalla Fincorp offers a property mortgage loan with attractive interest rates and minimal charges:

INTEREST RATE
Strating from
9.5
%* p.a.

PROCESSING FEE
Up to
2
% + applicable taxes

FORECLOSURE CHARGES
5
% on principal outstanding + applicable taxes

Interest Rate and Charges for Loan Against Property in Faridabad

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
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
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 Faridabad

  • Business expansion or working capital needs
  • Education expenses
  • Home renovation or improvement
  • Debt consolidation
  • Medical emergencies
  • Emergency financial needs

Who Can Avail of a Loan Against Property in Faridabad

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

Tips for a Successful Loan Against Property Application

  • Know your objectives for availing of the loan
  • Check the eligibility criteria before applying
  • Select the loan amount based on your requirements
  • Check your credit score and repayment history
  • Arrange the loan documents in advance

Poonawalla Fincorp Branch in Faridabad

Poonawalla Fincorp Limited
Address: 1st Floor, A-6 Part A, Neelam Bata Road, NIT, New Industrial Township, Faridabad, Haryana -121001
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

rightArrow
rightArrow

Frequently Asked Questions

What is the minimum loan amount for a Loan Against Property in Faridabad?

Poonawalla Fincorp offers a Loan Against Property in Faridabad for a loan amount starting from ₹51 Lakh.

Can I use the Loan Against Property from Poonawalla Fincorp in Faridabad for business purposes?

Yes, you can use the multipurpose loan for business expansion, working capital, or other business-related expenses. There are no usage restrictions on our Loan Against Property.

Are there any hidden charges or fees for a Loan Against Property from Poonawalla Fincorp?

No, there are no hidden charges or fees. All costs and charges are transparent and disclosed upfront.