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 Kottayam

Turn your property into a financial opportunity with a Loan Against Property in Kottayam from Poonawalla Fincorp.

Meet your personal or business needs with a high loan amount of up to ₹25 Crore at competitive interest rates, minimal documentation, swift approval, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

Fair Loan-to-Value
Attractive Interest Rate
Minimal
Documentation
Online
Application
Longer
Repayment Tenure
Zero Hidden
Costs

Loan Against Property EMI Calculator

Plan your monthly repayment strategy with our easy-to-use EMI calculator. Just enter the loan amount, interest rate, and tenure. 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

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 Kottayam

Depending upon whether you are salaried, self-employed or an established firm/company, your eligibility criteria may differ based on:

  • Age Limit
  • Nationality
  • Experience/Vintage
  • Business Stability

Click to know more about eligibility criteria in detail

Documents Required for Loan Against Property in Kottayam

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
  • Income Proof
  • Address Proof

Click to know more about documentation in detail

Interest Rate and Charges for Loan Against Property in Kottayam

Experience hassle-free repayments with no hidden charges and favourable interest rates:

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 Kottayam

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 Loan Against Property in Kottayam

  • Consolidating high-interest loans
  • Dealing with a medical emergency
  • Funding higher education abroad
  • Expanding your business
  • Covering travel expenses

Who Can Get a Loan Against Property in Kottayam?

  • Salaried Individuals
  • Self-employed Individuals
  • Company/firm

Poonawalla Fincorp Branch Address in Kottayam

Poonawalla Fincorp Limited
Address: 1st floor, Vetteel Estate, Kanjikuzhy, Kottayam, Kerala-686004
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. Why would I want to apply for a Loan Against Property in Kottayam?

You can apply for a Loan Against Property when you need funds to deal with an emergency, meet your personal or career goals or make high-value purchases. It allows you to fulfil any needs while availing lower interest rates compared to unsecured loans.

2. Are bank statements required to apply for a Loan Against Property?

Yes, you need to submit bank account statements to get approval from Poonawalla Fincorp. If you are a salaried applicant, submit salary account statements for 6 months. If you are self-employed or a company director/partner, submit bank statements for 12 months.

3. What types of properties can I pledge with a Loan Against Property?

With Poonawalla Fincorp, you can pledge residential properties, commercial properties or industrial properties to avail of a loan.