Loan Amount
Up to ₹25 Crore
Loan Tenure
36-180 Months
Interest Rate
Starting at 9.5%* p.a.

Get a Loan Against Property in Visakhapatnam

Leverage the true worth of your property with a Loan Against Property in Vishakhapatnam from Poonawalla Fincorp. Get quick access to a substantial sum of up to ₹25 Crore competitive interest rates, and minimal documentation.

With no end-use restrictions, use this loan to fulfil your diverse needs, including high-value purchases, home renovation, business expansion or debt consolidation. Apply now!

Why Choose Poonawalla Fincorp

High Loan
Amount
Competitive
Interest Rates
No Hidden
Charges
Extended
Loan Tenure
Minimal
Documentation
Quick
Disbursal

Loan Against Property EMI Calculator in Visakhapatnam

Estimate your loan EMIs for a comfortable repayment experience. Check the EMI value by entering the loan amount, tenure and interest rate on our tool. Try it 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 Visakhapatna

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/Vintag
  • Citizenship

Click to know more about eligibility criteria in detail

Documents Required for Loan Against Property

Provide a few essential 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 of Loan Against Property

Secure a property mortgage loan with affordable interest rates and nominal charges:

Interest Rate
9.5%* p.a. onwards
Loan Amount
From ₹51 Lakh to ₹5 Crore
Loan Processing Fees
Up to 2%
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
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

● Consolidate high-interest loans

● Renovate your home

● Expand your existing business

● Cover medical emergency

● Upgrade business infrastructure

● Payi for higher education

Who Can Get a Loan Against Property in Visakhapatnam

● Self-employed professionals

● Salaried individuals

● Owners of companies or firms

Tips for Successful Loan Against Property Application

● Select the right loan terms

● Get a good CIBIL score

● Know all the loan terms and conditions

● Assess your repayment capacity

● Sumit all the required documents

● Get a proper property evaluation

Poonawalla Fincorp Branch Address in Visakhapatnam

Poonawalla Fincorp Limited

Address: Door No.10-5-/22/2/3, 2nd Floor, Varsha Tower, Waltair Main Road, Opp to WNS building, Vishakhapatnam, Andhra Pradesh-530003

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. Can self-employed individuals get a Loan Against Property in Visakhapatnam?

Yes, any self-employed individual such as a doctor, Chartered Accountant or Company Secretary, etc., can apply for a Loan Against Property from Poonawalla Fincorp in Visakhapatnam.

2. What is the use of a Loan Against Property EMI calculator?

A Loan Against Property EMI calculator allows you to know your EMI for any given loan amount, tenure and interest rate. It lets you instantly estimate your monthly obligations as a part of repayment planning and avoid the hassles of manual calculation.

3. What are the most important factors that determine Loan Against Property interest rates?

The following factors determine the interest rate of a Loan Against Property:

● Loan tenure

● Loan amount

● Property valuation

● Type of property being mortgaged

● Your age and occupation

● Credit score

● Monthly income

4. Why should I opt for Poonawalla Fincorp’s Loan Against Property?

Opt for a Loan Against Property to get the following benefits:

  • High loan amount
  • Flexible tenure
  • Competitive interest rates
  • Quick approval
  • No hidden charges
  • No foreclosure charges, if paid from own source