Get a Loan Against Property in Indore With Instant Approval
Indore is one of the largest cities in Madhya Pradesh and has been voted the cleanest city in India for many years. It is part of the Indian Union’s infrastructure development roadmap, leading to rapid urban growth. Get a Loan Against Property from Poonawalla Fincorp and get instant funds worth your property’s value. We offer a fair loan-to-value with attractive interest rates, minimal paperwork, and favourable loan terms. Apply now!
Loan Against Property EMI Calculator
Estimate your monthly payments with our EMI Calculator. Just enter the loan amount, interest rate and tenure. Try 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.
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
Submit the required documents based on whether you are salaried, self-employed or an established firm/company to avail of this loan:
- Property Documents
- Income Proof
- Bank Account Statement
- Identity Proof
- Address Proof
Click to know more about eligibility criteria in detail.
We offer loans at competitive interest rate and nominal 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
● Higher education
● Wedding expenses
● Home renovation
● Debt consolidation
● Medical emergencies
● Travel
- Firms or Companies
- Salaried Individuals
- Self-employed Individuals
Poonawalla Fincorp Limited
Address: Office No. 717 to 720, 07th Floor, Benchmark Business Park, Near Satya Sai Square, Vijay Nagar, Indore, Madhya Pradesh - 452010
Contact Number: 1800-266-3201 (Toll Free)
Timing: 10:00 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
A Loan Against Property is a secured loan where you pledge your residential or commercial property as collateral to obtain funds from a trusted lender.
Yes, you can get a LAP from Poonawalla Fincorp. To apply:
Step 1: Click on ‘Apply Now’.
Step 2: Enter all the personal details.
Step 3: Upload all the necessary documents.
You can opt for a property mortgage when you need a large amount of funding for big-ticket expenses. Some common reasons to borrow include:
- Expanding an existing business.
- Consolidating high-interest debt.
- Renovating business infrastructure or a home.
- Paying for a medical emergency.
- Funding overseas higher education.
In other words, a Loan Against Property Loan is used to fulfil any urgent financial requirement.
Opt for a Loan Against Property to get the following benefits:
- High loan amount
- Flexible tenure
- Competitive interest rates
- Quick approval
- No hidden charges