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

Get a Loan Against Property Loan in Meerut With Quick Approval

Situated in Uttar Pradesh, Meerut is famously known as the ‘Sports City of India’ due to its thriving sports goods industry. It is also known for its historical significance and rich cultural heritage. Leverage your property in this city with a Loan Against Property of up to ₹25 Crore to manage your personal or business-related expenses.

Poonawalla Fincorp offers a Loan Against Property with attractive interest rates, simple eligibility criteria and minimal documentation. Apply now!

Why Choose Poonawalla Fincorp

Fair
Loan-to-Value (LTV)
Ratio
Quick
Disbursal
Online
Application
No Hidden
Charges
Flexible
Repayment Tenure
Attractive
Interest Rate

Loan Against Property EMI Calculator

Use our LAP EMI Calculator to plan your monthly repayments. 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 Meerut

Although the eligibility criteria of Poonawalla Fincorp’s mortgage loan differ based on whether you are salaried, self-employed or an established firm/company, some of the main details are as follows:

  • Age 
  • Citizenship
  • Experience/Vintage
  • Occupation

 Click to know more about the eligibility criteria in detail.

Documents Required for Loan Against Property in Meerut

Submit the necessary documents, depending on whether you are salaried, self-employed or an established firm/company, to avail of a mortgage loan:

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

Click to know more about documentation in detail.

Interest Rate and Charges for Loan Against Property in Meerut

Poonawalla Fincorp offers a property mortgage loan with competitive interest rate and nominal charges:

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
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
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 Meerut

● Paying for medical emergencies

● Financing your higher education

● Refurbishing your home

● Covering your travel costs

● Consolidating high-interest debts

● Expanding your business

Who Can Get a Loan Against Property in Meerut

● Salaried Individuals

● Self-employed Professionals

● Companies/Firms

Poonawalla Fincorp Branch Address in Meerut

Poonawalla Fincorp Limited

Address: 1st Floor, Nirmal Deep, Doctor Moose Road, Opp.Talao Pali, Near gadkari rangaytan hall, Jhambli Naka, Meerut West, Maharashtra -400602

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

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

*T&C Apply

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

Can I use Poonawalla Fincorp’s mortgage loan in Meerut to travel overseas?

Yes, you can use our mortgage loan to cover your overseas travel costs. Make sure that you meet our simple eligibility conditions and submit the necessary documents to improve your chances of getting loan approval.

What income documents should a self-employed provide to apply for a Loan Against Property from Poonawalla Fincorp?

A self-employed individual should submit the following documents to apply for our mortgage loan

● Profit or Loss statement and Balance Sheet for the last 2 years

● Income tax returns, along with the computation for the last 2 years

Is there a prepayment fee for Poonawalla Fincorp’s Loan Against Property?

Yes we levy nominal prepayment or part payment charges which is 5% on principle partly paid amount plus applicable taxes.