Get a Loan Against Property in Salem Instantly
Situated in Tamil Nadu, Salem is a city known for its temples, forts, and manufacturing industries, such as textiles, steel, silver jewellery, etc. Leverage the value of your residential or commercial property to meet your funding needs with a Loan Against Property. Get a loan of up to ₹25 Crore with minimal paperwork.
Choose a trusted financial lender like Poonawalla Fincorp to avail of a Loan Against Property with competitive interest rates, no hidden charges and quick approval. Apply now!
Loan Against Property EMI Calculator
Plan your monthly repayments effortlessly with our EMI calculator. Enter the loan amount, interest rate, and tenure to know your EMIs instantly. Try now!
Why Choose Poonawalla Fincorp
Fair Loan-to-Value (LTV) Ratio
Online Application
QuickApproval
No HiddenCharges
Minimal Documentation
Competitive Interest Rate
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.
Although our eligibility criteria differ based 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 required documents, depending on whether you are salaried, self-employed or an established firm/company, to avail of this loan:
- KYC Documents
- Income Proof
- Property Papers
- Bank Account Statement
- Address Proof
Click to know more about documentation in detail.
Get a loan against your property at competitive interest rate and nominal charges:
Upto 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
● 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
● Decide your objectives for availing of the loan
● Check the eligibility criteria
● Finalise the loan amount as per your requirements
● Check your credit score
● Arrange the necessary documents
● Avoid multiple loan applications
Poonawalla Fincorp Limited
Address: No 258/2,2/91, 2nd Floor, Sri Vaari Shopping Mall, New Bus Stand Main Road, Meyyanur, Salem, Tamil Nadu-636004
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
You can apply for our mortgage loan in Salem by pledging your residential or commercial property when you need funds urgently to cover your personal or business expenses. You can avail of a loan of up to ₹25 Crore with attractive interest rates, no hidden charges and quick loan approval.
Yes, Poonawalla Fincorp offers a Loan Against Property with an extended tenure of up to 180 months. This gives you ample time to clear your dues comfortably.
Yes, we offer a balance transfer facility for Loan Against Property, wherein you can transfer your existing mortgage loan to us at lower interest rates, no hidden charges and longer tenure.