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

Get a Quick Loan Against Property Loan in Madhya Pradesh

Located in Central India, Madhya Pradesh is known for its historical monuments, temples, wildlife sanctuaries and cultural heritage. Pledge your property in this state to meet your expenses with a Loan Against Property. Get a loan of up to ₹25 crore to meet your personal or business expenses with minimal documentation. Poonawalla Fincorp, a trusted financial lender, offers a Loan Against Property with attractive interest rate, zero hidden charges and swift approval. Apply now!

Why Choose Poonawalla Fincorp

Fair Loan-to-Value
(LTV) Ratio
No
End-usage
Restrictions
Competitive
Interest Rate
Minimal
Documentation
Flexible
Repayment Tenure
No Hidden
Charges

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 Madhya Pradesh

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 our eligibility criteria in detail.

Documents Required for a Loan Against Property in Madhya Pradesh

Furnish the following 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 a Loan Against Property in Madhya Pradesh

We offer a property mortgage loan at competitive interest rate 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
Repayment Instrument Dishonour 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 in Madhya Pradesh

  • Paying for medical emergencies 
  • Consolidating high-interest debts 
  • Financing higher education 
  • Covering travel costs 
  • Financing your business expansion 
  • Managing working capital requirements 

Who Can Get a Loan Against Property in Madhya Pradesh

  • Salaried Individuals  
  • Self-employed Professionals 
  • Companies/Firms 

Tips for a Successful Loan Against Property Application

  • Check the eligibility criteria 
  • Finalise the loan amount as per your requirements 
  • Check your credit score   
  • Check your credit report frequently for inaccuracies 
  • Arrange the necessary documents 
  • Avoid multiple loan applications 

Poonawalla Fincorp Branch Address in Madhya Pradesh

Poonawalla Fincorp Branch Address in Bhopal 

Address: 1st Floor, Mahaveer Avenue, Plot No.2, R-2, Zone-01, Maharana Pratap Nagar, Bhopal, Madhya Pradesh-462011 

Contact Number: 1800-266-3201 (Toll Free) 

Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.) 

Poonawalla Fincorp Branch Address in Gwalior 

Address: 4th Floor, Alaknanda Tower, Madhav Rao Sindhia Road, City Centre, Gwalior, Madhya Pradesh-474011 

Contact Number: 1800-266-3201 (Toll Free) 

Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.) 

Poonawalla Fincorp Branch Address in Indore 

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 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.) 

Poonawalla Fincorp Branch Address in Jabalpur 

Address: 849-C, 1st Floor, Manas Nandani, Manas Bhawan Square, Opposite To Smart City Office, Wright Town, Jabalpur, Madhya Pradesh-482002 

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 identity documents should a firm/company submit for a Loan Against Property in Madhya Pradesh?

A firm or company should submit the following documents to avail of our mortgage loan: 

  • GST registration certificate (if applicable) and other applicable registrations 

  • KYC of partner/proprietor/director: PAN Card, Aadhaar Card, Driving License, Passport or Voter ID Card 

What is the processing fee for a Loan Against Property in Madhya Pradesh?

The processing fee for our mortgage loan is up to 2% of the loan amount, plus additional taxes.  

What is the minimum work experience required for a salaried individual to get a Loan Against Property?

A salaried individual must have a minimum work experience of 3 years, with at least 6 months with the current employer, to apply for a mortgage loan.