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

Get a Loan Against Property in Vijayawada With Quick Approval

Vijayawada is a commercial and industrial hub in Andhra Pradesh. It has companies across several sectors like IT, construction, food processing, etc. Unlock your residential or commercial property’s value to manage your fund requirements with a Loan Against Property. Get a loan of up to ₹25 Crore from one of the most trusted financial brands in India, Poonawalla Fincorp.

Expand your business, travel the world, cover education costs, etc. with minimal documentation, swift approval and fast loan disbursal. Apply now!

Why Choose Poonawalla Fincorp

Online
Application
Instant Approval Instant
Approval
No Hidden Charges No Hidden
Charges
High Loan Amounts High Loan
Amount
Minimal Documentation Minimal
Documentation
Competitive Interest Rates Competitive
Interest Rate

Loan Against Property EMI Calculator

Use our EMI calculator to determine your monthly payments. Just enter the loan amount, tenure, and interest rate to know your EMI 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

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 Vijayawada

Our eligibility criteria 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.

Documents Required for a Loan Against Property in Vijayawada

Provide 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 documents in detail.

Interest Rate and Charges for a Loan Against Property in Vijayawada

Poonawalla Fincorp offers a mortgage loan with competitive interest rate and minimal 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
Loan 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
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 Vijayawada

● Pay for higher education

● Pay education-related expenses

● Upgrade existing business infrastructure

● Consolidate your existing debt

● Cover medical treatment costs

Who Can Get a Loan Against Property in Vijayawada

● Salaried Individuals

● Self-employed Individuals

● Firms or Companies

Tips for a Successful Loan Against Property Application

● 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 Branch Address in Vijayawada

Poonawalla Fincorp Limited

Address: 3rd Floor, R.S. Tower, Door No. 40-25-80/1, Revenue Ward 13A, Kurra Satyanarayana Street, Gayatri Nagar, Benz Circle, Vijayawada, Andhra Pradesh - 520010

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

rightArrow
rightArrow

Frequently Asked Questions

Can I use the funds availed from a Loan Against Property for any purpose?

Yes, you can use the funds obtained from a Loan Against Property to fulfil your personal or business-related needs. Avail of the funds for various purposes such as business expansion, education, medical expenses, travel, home renovation, etc.

What is the maximum loan amount for a Loan Against Property from Poonawalla Fincorp?

The maximum loan amount for availing of a mortgage loan in Vijayawada is ₹25 Crore. The final loan amount depends on your credit score, monthly income, employment stability, repayment history, etc.

Can I use a Loan Against Property in Vijayawada from Poonawalla Fincorp to travel abroad?

Yes, you can avail of a mortgage loan from Poonawalla Fincorp to finance your overseas travelling expenses. You should fulfil the simple eligibility criteria and provide minimal documents to get loan approval.