Loan Amount
Up to ₹25 Crore
Interest Rate
Starting at 9.5%* p.a.
Loan Tenure
3-15 Years

Get a Loan Against Property Loan in Siliguri Instantly

Siliguri, known as the ‘Gateway to Northeast India’, is a popular tourist destination with a scenic landscape, rich biodiversity and industries like timber, tea, etc. Leverage the value of your property to manage your personal or business-related expenses 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 attractive interest rates, no hidden charges and swift approval. Apply now!

Why Choose Poonawalla Fincorp

Fair
Loan-to-Value (LTV)
Ratio
Online
Application
Quick
Approval
No Hidden
Charges
Minimal
Documentation
Competitive
Interest Rate

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!

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 a Loan Against Property in Siliguri

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 limit:
    • For salaried employees: 21-60 years
    • For self-employed individuals: 18-75 years
    • For a proprietor, partner or director of a firm/company: 18-75 years
  • Nationality: Indian
  • Experience/Vintage:
    • For salaried: At least 3 years of total work experience with a minimum of 6 months in current employment
    • For self-employed: Should be in the same profession/business for the last 5 years
    • For a firm or company: At least 5 years in the same business

 Click to know more about the eligibility criteria in detail.

Documents Required for a Loan Against Property in Siliguri

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.

Interest Rate and Charges for Loan Against Property

Get a loan against your property at competitive interest rates and nominal charges:

Interest Rate
9.5%* p.a. onwards
Loan Amount
From ₹51 Lakh to ₹25 Crore
Loan Processing Fees
Up to 2%, plus applicable taxes
Lowest EMI per month
₹1044* per Lakh for 180 months
Maximum 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 Interest
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 Siliguri

● Paying for medical emergencies

● Consolidating high-interest debts

● Financing higher education

● Covering travel costs

● Financing your business expansion

● Managing working capital requirements

Who Can Get a Loan Against Property in Siliguri

● 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

● Check your credit report frequently for inaccuracies

● Arrange the necessary documents

● Avoid multiple loan applications

Poonawalla Fincorp Branch Address in Siliguri

Poonawalla Fincorp Limited

Address: 1st Floor, Unity Building, Sevoke Road, Siliguri, West Bengal-734001

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. When should I apply for Poonawalla Fincorp’s mortgage loan?

You can apply for our mortgage loan of up to ₹25 Crore in Siliguri by pledging your residential, commercial or industrial property when you need funds urgently to cover your personal or business expenses.

2. Can I get Poonawalla Fincorp's loan against commercial property?

Yes, we offer a mortgage loan against residential, industrial or commercial property. Ensure that you fulfil the eligibility conditions and submit the required documents to improve your chances of availing of the loan.

3. Can you transfer your existing mortgage loan to Poonawalla Fincorp?

Yes, we offer a balance transfer facility for mortgage loans, wherein you can transfer your existing Loan Against Property to us at lower interest rates and favourable terms.