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

Apply for a Loan Against Property in Himachal Pradesh Instantly

Himachal Pradesh is known for its beautiful landscape, rich biodiversity, pilgrimage sites, vibrant culture and adventure sports. Unlock the value of your property in the state to meet your fund requirements with a Loan Against Property. Get a loan of up to ₹25 Crore to cover your education costs, pay for medical emergencies, arrange working capital for your business, etc.
Choose a trustworthy financial lender like Poonawalla Fincorp to avail of a Loan Against Property with competitive interest rates, minimal paperwork and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

Fair Loan-to-Value
(LTV) Ratio
No Hidden
Charges
No End-usage
Restrictions
Flexible
Repayment Tenure
Quick
Approval
Attractive
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

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 Himachal Pradesh

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
  • Occupation
  • Experience/Vintage
  • Nationality

Click to know more about our eligibility criteria in detail.

Documents Required for a Loan Against Property in Himachal Pradesh

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

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

Click to know more about documentation in detail.

Interest Rate and Charges for a Loan Against Property in Himachal Pradesh

Poonawalla Fincorp offers a mortgage loan at competitive interest rates and nominal charges:

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

  • Consolidate high-interest debt 

  • Pay for medical emergencies 

  • Cover higher education costs 

  • Expand and diversify your business 

  • Upgrade existing business equipment 

  • Refurbish your home 

Who Can Get a Loan Against Property

  • Salaried Individuals  

  • Self-employed Professionals 

  • Companies/Firms 

Tips for a Successful Loan Against Property Application

  • Check the eligibility criteria 

  • Determine your reasons for availing of the loan 

  • Maintain a credit score of 750 and above 

  • Borrow only what you need 

  • Keep the required documents handy 

  • Avoid multiple loan applications 

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 is the maximum loan tenure for Poonawalla Fincorp’s Loan Against Property in Himachal Pradesh?

The maximum loan tenure for our mortgage loan in Himachal Pradesh is 15 years.  

What is the minimum loan amount for a Loan Against Property from Poonawalla Fincorp?

Yes! The minimum loan amount for our mortgage loan is ₹51 Lakh. You can opt for a loan amount of up to ₹25 Crore, depending on your credit score, monthly income, repayment capacity, etc. 

Can I apply for a Loan Against Property from Poonawalla Fincorp to cover my business-related expenses?

Yes, you can apply for our mortgage loan to cover the costs associated with your business, such as arranging working capital, upgrading existing equipment, etc.