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!
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!
Why Choose Poonawalla Fincorp
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.
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.
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.
We offer a Loan Against Property at competitive interest rate and nominal charges:
5% on principle partly paid amount plus applicable taxes
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
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● Paying for medical emergencies
● Financing higher education
● Covering travel costs
● Renovating home
● Consolidating high-interest debts
● Expanding your business
● Salaried Individuals
● Self-employed Professionals
● Companies/Firms
● 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 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.)
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Happy Customers, Happy Us
I am incredibly grateful for the outstanding support I received throughout my loan process. The guidance provided made every step feel manageable and stress-free. What stood out most was the humility and genuine willingness to help at every stage, qualities that made a significant difference in my experience. Without this support, the journey would have been far more challenging. I truly appreciate the dedication and helpful nature that was consistently demonstrated. The efforts put forth were invaluable, and I feel fortunate to have worked with someone so committed and supportive.
Throughout my loan journey, the Poonawalla Fincorp team showcased exceptional dedication, in-depth product knowledge, and a truly customer-centric approach. At every stage, they guided me with patience and clarity, making the entire process seamless, transparent, and timely. Their proactive communication and unwavering willingness to go the extra mile are a testament to the organization’s high standards of service excellence. Such professionalism not only fosters strong customer trust but also reinforces Poonawalla Fincorp’s reputation as a leading, customer-focused financial institution. I extend my heartfelt thanks to the entire team for their commendable efforts and wish them continued success in all their endeavors.
It was really great working with Poonawalla Fincorp. Thanks to the support and coordination by the team. I was able to get a significant portion of my requirements despite having a bit of a mess in my financial records. The loan processing and disbursement process at Poonawalla Fincorp was super smooth. They were incredibly cooperative and helpful. I’m looking forward to building a healthy relationship with them in the future. Thank you.
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Frequently Asked Questions
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.
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.
The minimum tenure for our property mortgage loan is 3 years, while the maximum loan tenure extends up to 15 years.