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 Jamshedpur Today!

Fulfil your financial commitments with a Loan Against Property in Jamshedpur from Poonawalla Fincorp. Fund your business expansion, home renovation, education and more by pledging your residential or commercial property as collateral.

Enjoy flexible loan tenure, zero hidden charges, minimal paperwork and faster loan disbursal with our secured credit facility. Apply now!

Why Choose Poonawalla Fincorp

Quick Loan
Approval & Disbursal
High Loan Amount
No Hidden
Charges
Flexible
Repayment Tenure
Attractive Interest Rate
Minimal
Documentation

Loan Against Property EMI Calculator

Use our EMI Calculator to know the monthly repayment schedule for availing of a property mortgage loan in Jamshedpur. Enter the loan amount, interest rate and tenure to get instant results. Try out 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

Rupees one lakh

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 Jamshedpur

Meet our simple eligibility criteria for availing of a mortgage loan:

  • Age Limit
  • Nationality
  • Work Experience
  • Business Stability

Click to know more about eligibility criteria in detail

Documents Required for Loan Against Property in Jamshedpur

Furnish a few documents for a quick loan approval:

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

Click to know more about documentation in detail

Interest Rate and Charges for Loan Against Property in Jamshedpur

Refer to the table below to learn about interest rate and other charges associated with a mortgage loan in Jamshedpur:

INTEREST RATE
Starting 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 Jamshedpur

Interest Rate
9.5%* p.a. onwards
Loan Amount
From ₹51 Lakh to ₹25 Crore
Loan Processing Fees
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 plus applicable taxes
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 Property Mortgage Loan in Jamshedpur

  • Sudden medical requirements
  • Business expansion
  • Upgrading home/business infrastructure
  • Travelling abroad
  • Tuition fees
  • Debt consolidation

Who Can Avail of a Loan Against Property in Jamshedpur

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

Tips for Successful Loan Against Property Application

  • Determine your objectives for availing of the loan
  • Know the eligibility criteria before applying
  • Choose the loan amount as per your requirements
  • Check your credit score and repayment history
  • Keep the documents ready while applying for the loan

Poonawalla Fincorp Branch Address in Jamshedpur

Poonawalla Fincorp Limited


Address: 1 S.B. Shop Area, 2nd Floor, Shantiniketan, Main Road, Bistupur, Singhbhum, Jamshedpur, Jharkhand-831001


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

1. What is the interest rate for availing of a Loan Against Property?

Poonawalla Fincorp offers Loan Against Property at interest rates starting from 9.5%* p.a. in Jamshedpur.

2. Can I pledge an office building as collateral while applying for a mortgage loan in Jamshedpur?

Yes, you can pledge an office building as collateral while applying for a Mortgage Loan in Jamshedpur! Poonawalla Fincorp accepts different types of properties as collateral, including residential, industrial and commercial.

3. Are home loans and Loan Against Property the same?

No, home loans and Loan Against Property have notable differences. A home loan is used to purchase or construct a home while a Loan Against Property is used to avail funds by pledging a property. Home loans have strict usage restrictions while Loan Against Property can be used for any purpose.

4. Does availing of a Loan Against Property affect my credit score?

Yes, your repayment behaviour for a Loan Against Property will impact your credit score. If you make regular repayments on time, your credit score will increase considerably. On the other hand, if you miss payments or default entirely, it will be hampered.