Apply for ₹80 Lakhs Loan Against Property with Ease!
When you require significant funds to fulfil various financial requirements, you can consider availing of a ₹80 Lakh Loan Against Property from Poonawalla Fincorp. This financial product allows you to leverage the value of your property as collateral to access a substantial loan amount. Be it a residential or commercial property, you can use it as collateral and utilize the loan amount for its intended purpose.
₹80 Lakhs Loan Against Property EMI for up to 15 Years
Our ₹80 Lakhs Loan Against Property comes with a flexible repayment tenure of up to 15 years, allowing you to choose a schedule that aligns with your financial capacity. This extended repayment period ensures that your monthly outflow is manageable, allowing you to maintain your finances better while fulfilling your specific needs. You can also use our LAP loan EMI calculator to determine the EMI amount that best fits your monthly budget.
EMI Calculator for ₹80 Lakhs Loan Against Property
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Interest Rate & Charges for ₹80 Lakhs Loan Against Property
Secure your financial aspirations with a ₹80 Lakhs Loan Against Property. Enjoy minimal fees and complete transparency. Check out the details below:
| Loan Against Property Interest Rates | 9% p.a. onwards |
| Loan Amount | From ₹51 Lakh to ₹5 Crore |
| Loan Processing Fees | Up to 1% 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 | 0%* If paid from own sources & 4%* If paid from other sources |
| Late Payment Charges | 3% per month |
| Cheque Bounce Charges | ₹1000 per bounce plus applicable taxes |
| IMD Charges - Initial application fee | ₹10,000 - Non-Refundable |
| Stamp Duty | At actuals (as per state) |
| No Other Hidden Charges | |
Required Eligibility Criteria & Documents for ₹80 Lakhs Loan Against Property
Before you apply for an ₹80 Lakhs Loan Against Property, make sure to meet the eligibility criteria and have the necessary documents ready:
Eligibility Criteria:
Income
Property Ownership
Age
Citizenship
Credit Score
Property Type
- Income: Lenders check your income to ensure you can repay the loan.
- Property Ownership: You must legally own the property you're putting up as collateral.
- Age: Applicants must be between 18 and 60 years old.
- Citizenship: Applicants should be citizens of India.
- Credit Score: A good credit score improves your chances of loan approval.
- Property Type: The property should be residential or commercial, and ownership should be clearly established.
Required Documents:
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Proof of Identity
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Address Verification
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Property Documents
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Income Documents
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Bank Account Statements
Benefits of ₹80 Lakhs Loan against Property
The benefits of availing an ₹80 Lakhs Loan against Property are:
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Full Transparency
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Quick and Easy Process
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Minimal Documents
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Competitive Rates
- Full Transparency: We're upfront about all fees in your loan documents, ensuring no hidden charges are involved.
- Quick and Easy Process: Our online application and minimal paperwork lead to quick loan processing and disbursement.
- Minimal Documents: We require only basic paperwork, saving you time and expediting the loan process.
- Competitive Rates: Enjoy attractive interest rates for budget-friendly EMIs, making property-based funds accessible.
Apply for ₹80 Lakhs Loan against property within 5 Minutes!
Apply
Online
Apply Online
Click on ‘Apply Now’ and enter your contact details along with loan amount, tenure, and property type.
Enter
Property
Details
Enter Property Details
Enter your DOB and property ownership details.
Enter
Occupation
Details
Enter Occupation Details
Enter your occupation and employment details.
Verification
Verification
The application will then proceed for verification and assessment.
Frequently Asked Questions
Yes, you can prepay the loan, but check with your lender for any applicable terms and charges.
*Terms & Conditions Apply
