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

Apply for a Loan Against Property in Varanasi Instantly

Varanasi, or Banaras, is a major pilgrimage site in India. It is famous for its ghats, art, culture, music, cuisine, etc. Leverage your residential or commercial property to meet your funding needs with a Loan Against Property from Poonawalla Fincorp. Get a loan of up to ₹25 Crore with flexible EMIs and minimal paperwork.

Benefit from our competitive interest rates, no hidden charges, and quick approval. Apply now!

Why Choose Poonawalla Fincorp

High Loan-to-Value (LTV) Ratio Fair Loan-to-Value (LTV) Ratio
Zero Hidden Charges Zero Hidden
Charges
Minimal Paperwork Minimal
Paperwork
Quick Loan Approval Quick Loan
Approval
Online Application Process
Attractive Interest Rates Attractive
Interest Rate

Loan Against Property EMI Calculator

Estimate your monthly repayments with our user-friendly EMI calculator. Simply enter your loan amount, interest rates and loan tenure to get instant results. 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

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 Varanasi

The eligibility criteria for Poonawalla Fincorp’s mortgage loan depend 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 the eligibility criteria for a Loan Against Property in detail.

Documents Required for Loan Against Property in Varanasi

Submit just a few documents to apply for the loan:

● KYC Documents

● Income Proof

● Bank Account Statement

● Property Papers

● Address Proof

Click to know more about the necessary documents in detail.

Interest Rate and Charges for Loan Against Property

Get a mortgage loan at attractive interest rates and nominal charges:

Interest Rate
9.5%* p.a. onwards
Loan Amount
₹51 Lakh to ₹25 Crore
Loan Processing Fees
Up to 2% plus applicable taxes
Lowest EMI per Month
₹1,044* 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
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 Varanasi

  • Paying for medical emergencies
  • Financing higher education
  • Covering your travel costs
  • Refurbishing your home
  • Consolidating high-interest debts
  • Expanding your business

Who Can Avail of a Loan Against Property in Varanasi

● Salaried Employees

● Firms or Companies

● Self-employed Professionals

Tips for a Successful Loan Against Property Application

● 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 Branch in Varanasi

Poonawalla Fincorp Limited

Address: 3rd Floor, Plot No.7, N.M.P.V NO, D-58/12, A-7, Gandhi Nagar, Sigra development scheme, Sigra, Varanasi - 221010

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

What is the maximum amount for availing of a Poonawalla Fincorp’s Loan Against Property?

The maximum loan amount for our mortgage loan is ₹25 Crore. The final loan amount depends on your credit score, monthly income, repayment capacity, market value of the collateral, etc.

What is the processing fee for a Loan Against Property in Varanasi?

At Poonawalla Fincorp, our processing fee for the Loan Against Property is 2% (plus applicable taxes) of the loan amount. Check all the fees and charges before applying for a Loan Against Property.

What is the minimum age limit for availing of LAP in Varanasi?

The minimum age limit for a mortgage loan from Poonawalla Fincorp is 18 years (for self-employed individuals and business owners) and 21 years (for salaried individuals).