Apply for a Loan Against Property in Patiala with Swift Disbursal
Patiala, a city with splendid architecture and rich cultural heritage, is also an industrial centre in Punjab. It has several industries including weaving, distilling, cotton ginning, manufacturing, etc. Use your existing residential or commercial property in Patiala to meet your financial expenses with a Loan Against Property. Access a loan of up to ₹25 Crore from Poonawalla Fincorp to renovate your home, fund your higher studies, finance your vacation, etc.
What’s more? Take advantage of our attractive interest rates, easy application process, minimal documentation and swift approval. Apply now!
Loan Against Property EMI Calculator
Calculate your monthly payments using our 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.
Our eligibility criteria may differ depending on whether you are a salaried individual, self-employed or a firm/company and on aspects like:
- Age
- Experience/Vintage
- Occupation
- Citizenship
Click to know more about our eligibility criteria in detail.
Furnish these essential mortgage loan documents:
- KYC Documents
- Income Proof
- Bank Account Statement
- Property Papers
- Address Proof
Click here to know more about the necessary documents in detail.
Avail of our mortgage loan with attractive 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
*T&C Apply
- Business expansion
- Higher education abroad
- Vacations and luxurious stays
- Emergency medical requirements
- Debt consolidation
- Home renovation
- Salaried Individuals
- Self-employed Individuals
- Firms or Companies
- Decide the objectives of availing the loan
- Meet the eligibility criteria
- Select loan amount based on fund requirements
- Check your credit score
- Keep the necessary documents handy
Poonawalla Fincorp Limited
Address: Ground Floor, Plot/SCO 134, Choti Bardari, Patiala, Punjab-147001
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
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 increases your chances of availing a mortgage loan with lower interest rates and favourable terms. To improve your credit score, pay your bills on time, keep the credit utilisation ratio below 30%, maintain low debt-to-income ratio, regularly check your credit report, etc.
Yes, you can utilise a mortgage loan to cover medical expenses during emergencies in Patiala. With no end-use restrictions, you can pay hospital bills, doctor consultation fees, medication expenses, surgical costs, etc. with our mortgage loan.
Yes, you can opt for a mortgage loan of ₹4 Crore from Poonawalla Fincorp in Patiala by pledging your residential or commercial property, provided you meet the eligibility criteria and submit the necessary documents for loan approval.