Avail of a Loan Against Property in Ranchi with Minimal Paperwork
Ranchi has a thriving economy with the presence of multiple industries like heavy machines, steel, mining, textiles, etc. in the city. Leverage your residential or commercial property to meet your funding needs with a Loan Against Property in Ranchi.
Secure a loan from Poonawalla Fincorp to meet your personal or business-related needs. Benefit from our competitive interest rates, nominal charges, simple eligibility criteria, minimal documentation and fast approval. Apply now!
Loan Against Property EMI Calculator
Calculate your EMIs with our online EMI Calculator. Enter the loan amount, interest rate and tenure for instant results. Use 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.
The eligibility criteria for a Loan Against Property in Ranchi may differ depending on whether you are salaried, self-employed or a firm/company and on aspects like:
- Age
- Citizenship
- Occupation
- Experience/Vintage
Click to know more about our eligibility criteria in detail.
Upload a few documents to avail of the loan:
● KYC Documents
● Income Proof
● Bank Account Statement
● Property Papers
● Address Proof
Click to know more about the required LAP documents in detail.
Get a Loan Against Property in Ranchi at competitive interest rates 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
- Unforeseen medical emergencies
- Higher studies in foreign universities
- Travelling and vacations
- Business expansion
- Home renovation and improvement
- Consolidation of high-interest debts
- Salaried Individuals
- Self-employed Professionals
- Firms or Companies
- Determine the reasons for availing of the loan
- Check the eligibility criteria
- Decide the loan amount as per your requirements
- Check your credit score
- Keep the required documents handy
Poonawalla Fincorp Limited
Address: Office No.401, 4th Floor, Samriddhi Square, Kishoreganj Chowk, Ranchi, Jharkhand – 834001
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
Yes, you can apply for a Loan Against Property from Poonawalla Fincorp to consolidate your existing debts. Meet the eligibility criteria and submit the necessary documents to increase your chances of availing of the loan.
Yes, you can get a Loan Against Property in Ranchi from Poonawalla Fincorp by pledging any commercial property such as office space, shop or showroom. We provide flexible collateral options allowing you to pledge commercial, industrial as well as residential property to avail of the loan.
You can get a mortgage loan at favourable terms and low interest rates if you have a credit score of 750 and above. You can follow healthy credit practices like repaying your EMIs on time, maintaining a low debt-to-income ratio, keeping your credit utilisation ratio to below 30% and monitoring your credit reports to maintain a high credit score.