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

Get a Loan Against Property in Karnal with Attractive Interest Rates!

Located in the state of Haryana, Karnal is renowned for its agricultural industry, particularly its production of rice, milk, and wheat. Leverage your residential or commercial property to meet your financial needs, whether emergency or a big-ticket purchase.

Avail of a Loan Against Property in Karnal from Poonawalla Fincorp and get a high loan amount of up to ₹25 Crore with minimal documentation, quick approval, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount
Attractive Interest Rate
No Hidden
Charges
Minimal
Paperwork
Flexible
Loan Tenure
Quick
Disbursal

Loan Against Property EMI Calculator

Calculate your monthly repayments instantly with our online EMI calculator. Just enter the loan amount, tenure, and interest rate. 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 Loan Against Property in Karnal

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 Karnal

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 documentation in detail

Interest Rate and Charges for Loan Against Property in Karnal

Benefit from competitive 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

Interest Rate and Charges for Loan Against Property in Karnal

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

  • Car purchase
  • Home refurbishment
  • Higher education funding
  • Financing business growth
  • Debt consolidation

Who Can Get Loan Against Property in Karnal?

  • Salaried employees
  • Self-employed professionals
  • Firms/Companies

Poonawalla Fincorp Branch Address in Karnal

Poonawalla Fincorp Limited
Address: 1st Floor, SCO 90 & 91 Sector 16, Namestey Chowk, Pritam Nagar, Karnal, Haryana -132001
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

What types of properties can be used as collateral for a Loan Against Property?

You can use residential or commercial properties as collateral for a mortgage loan. The property should have legal ownership certification and be free from any legal disputes.

Can I use a Loan Against Property for purposes other than business or property-related expenses?

Yes, Poonawalla Fincorp's property mortgage loan funds can be used for a variety of purposes, including education expenses, medical emergencies, debt consolidation, wedding expenses, and more.

Is there a maximum limit on the loan amount I can avail against my property?

Yes, with Poonawalla Fincorp, you can access a high loan limit of up to ₹25 Crore against a residential or commercial property mortgage in Karnal.

What happens if I am unable to repay the Loan Against Property on time?

If you default on Poonawalla Fincorp's mortgage loan repayments, you will be charged default interest charges of 2% per month and ₹500/- Per Bounce . A default on loan also impacts your credit score.