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 Panipat With Minimal Paperwork

Panipat, known for its historical significance, is home to several manufacturing industries like cotton, glass, wool, etc. Unlock the value of your property in the city to manage your personal or business expenses with a Loan Against Property. Get a loan of up to ₹25 Crore with simple eligibility criteria and minimal paperwork.

We at Poonawalla Fincorp offer a Loan Against Property with attractive interest rates, flexible EMIs and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

Fair Loan-to-Value (LTV)
Ratio
No Hidden
Charges
Minimal
Documentation
Quick
Approval
Online
Application Process
Flexible
EMIs

Loan Against Property EMI Calculator

Plan your monthly repayments effortlessly with our user-friendly 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

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 Panipat

While our eligibility criteria depend on whether you are salaried, self-employed or an established firm/company, here are some of the main details:

  • Age
  • Citizenship
  • Experience/Vintage
  • Occupation

 Click to know more about the eligibility criteria in detail.

Documents Required for Loan Against Property in Panipat

Submit the necessary documents, depending on whether you are salaried, self-employed or an established firm/company, to apply for our 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 Panipat

We offer a Loan Against Property 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
2% plus applicable taxes
Lowest EMI per month
₹1044* per Lakh for 180 months
Online 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 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 Panipat

● Paying for medical emergencies

● Financing higher education

● Covering travel costs

● Renovating home

● Consolidating high-interest debts

● Expanding your business

Who Can Get a Loan Against Property in Panipat

● 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

● Maintain a credit utilisation ratio of 30%

● Arrange the required documents

● Avoid multiple loan applications

Poonawalla Fincorp Branch Address in Panipat

Poonawalla Fincorp Limited

Address: 2nd Floor, SCO 32, sector 11, Panipat, Haryana-132103

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

1. What credit score is required for a mortgage loan from Poonawalla Fincorp?

Having a credit score of 750 and above improves your chances of getting our mortgage loan at low interest rates and favourable terms. You can build and maintain a high credit score by repaying your EMIs on time, keeping your credit utilisation ratio below 30%, maintaining a low debt-to-income ratio and frequently monitoring your credit reports.

2. Can I use the funds from a Loan Against Property for any purpose?

Yes, you can use the funds obtained from Poonawalla Fincorp’s Loan Against Property to meet your personal or business expenses. Our mortgage loan comes with no end-usage restrictions.

3. What is the minimum and maximum tenure for Poonawalla Fincorp’s mortgage loan?

The minimum tenure for our property mortgage loan is 3 years, while the maximum loan tenure extends up to 15 years.