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

Apply for a Loan Against Property in Trichy Instantly

Get quick financial support with a Loan Against Property in Trichy from Poonawalla Fincorp. Meet any needs, such as home renovation, business expansion, wedding, education, debt consolidation, etc.

Benefit from attractive interest rates, flexible loan tenure, quick approval, and zero hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount
Attractive Interest Rate
Minimal
Documentation
Online Application
Flexible
Repayment Tenure
Zero Hidden
Charges

EMI Calculator for Loan Against Property

Use our user-friendly EMI calculator to make informed decisions about your finances. Enter your desired loan amount, interest rate, and tenure to view your monthly EMI. Calculate 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 Loan Against Property in Trichy

The eligibility criteria for a Loan Against Property may differ depending on whether you are a salaried individual, self-employed or a firm/company and aspects like:

  • Age
  • Occupation
  • Experience/Vintage
  • Citizenship

Click to know more about eligibility criteria in detail

Documents Required for Loan Against Property in Trichy

Furnish a few documents based on whether you are salaried, self-employed or an established firm/company:

  • Property Documents
  • Identity Proof
  • Address Proof
  • Income Proof
  • Bank Account Statement

Click to know more about documentation in detail

Interest Rate and Charges for Loan Against Property in Trichy

We offer a property mortgage loan with attractive interest rate and minimal charges:

INTEREST RATE
Strating from
9.5
%* p.a.

PROCESSING FEE
Up to
2
% + applicable taxes

FORECLOSURE CHARGES
5
% on principal outstanding + applicable taxes

Details of Interest Rate and Charges for Loan Against Property in Trichy

Interest Rate
9.5%* p.a. onwards
Loan Amount
From ₹51 Lakh to ₹25 Crore
Loan Processing Fees
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 Charges
24% per annum plus taxes
Cheque Bounce 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 a Loan Against Property in Trichy

  • Expand your business
  • Consolidate high-interest-rate loans
  • Pay for medical expenses
  • Cover any emergency expenses
  • Cover higher education expenses
  • Host a grand wedding

Who Can Apply for Our Loan Against Property

  • Salaried employees
  • Self-employed professionals
  • Firms and companies

Tips for a Successful Loan Against Property Application

  • Ensure your property has a clear title
  • Get a loan based on your repayment capacity
  • Prepare a clear plan for utilising the funds
  • Maintain a credit score above 750
  • Consider a co-applicant to strengthen your application
  • Keep your financial documents handy

Poonawalla Fincorp Branch in Trichy

Poonawalla Fincorp Limited
Address: Office No 2, 3rd Floor, Ray Towers, Vadavoor Salai, 9th Cross, Thillainagar, Trichy, Tamil Nadu-620018.
Contact Number: 1800-266-3201 (Toll-Free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays)

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. Are there any restrictions on the end-use of Loan Against Property in Trichy?

Generally, funds from a Loan Against Property can be used for various purposes except speculative activities. Common uses include business expansion, education, or medical expenses.

2. What is the typical Loan-to-Value (LTV) ratio for a Loan Against Property in Trichy?

The LTV ratio usually ranges from 70%-75% of the property value, depending on the type of your property.

3. Is there an age limit for a Loan Against Property applicants in Trichy?

Your age should be between 21-60 years at the time of loan maturity if you are a salaried individual. If you are a self-employed individual or a business owner, your age should be between 18-75 years.