Loan Amount
Up to ₹25 Crore
Interest Rate
Starting at 9.5%* p.a.
Loan Tenure
36-180 Months

Avail of a Loan Against Property in Moradabad

Moradabad is well-known for its brass handicrafts industry, earning it the nickname the ‘City of Brass’. It is a major centre of trade and commerce. Leverage the value of your property in this bustling city with a Loan Against Property in Moradabad. Use the loan amount to meet your personal or professional aspirations with no restrictions.

Benefit from a fair loan-to-value, competitive interest rates, online application, and no foreclosure charges. Apply now!

Why Choose Poonawalla Fincorp

Fair Loan-to-Value Ratio
Competitive Interest Rate
Minimal
Paperwork
No Usage Restrictions
Flexible
Repayment Tenure
Quick
Approval

EMI Calculator for Loan Against Property

Calculate your monthly instalments with our online EMI calculator. Enter the loan amount, tenure, and interest rate to know your instalments 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 Loan Against Property in Moradabad

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 Moradabad

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

Get a loan against your property at competitive interest rate and nominal charges:

Details of Charges for Loan Against Property in Moradabad

Interest Rate
9.5%* p.a. onwards
Loan Amount
From ₹51 Lakh to ₹25 Crore
Loan Processing Fees
Up to 2%
Lowest EMI per month
₹1044* per Lakh for 180 months
Maximum 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 Loan Against Property in Moradabad

  • Financing home renovation
  • Covering medical expenses
  • Funding travel plans
  • Consolidating debts
  • Financing child’s higher education

Who Can Get a Loan Against Property in Moradabad

  • Salaried individuals
  • Self-employed individual
  • Company/Firm

Poonawalla Fincorp Moradabad Branch Address

Poonawalla Fincorp Limited
Address: 1st Floor, Om Complex, Adjacent To Axis Bank, Near Sai Hospital, Delhi Road, Moradabad, Uttar Pradesh-244001
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 LTV ratio in a Loan Against Property?

The LTV or Loan-to-Value ratio is a percentage of the property value that is offered to the borrower as a loan. In other words, it is the percentage of the current market value of your property that is offered to you as the sanction amount by the lender.

2. What can I use a Loan Against Property for?

There is no restriction on the end-use of a property mortgage; you can use it for any purpose based on your requirements. Some common purposes include business expansion, home extension or renovation, debt consolidation, etc.

3. Can I mortgage my commercial property and secure a Loan Against Property?

Yes, you can secure a Loan Against Property by mortgaging your commercial property.