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

Get a Loan Against Commercial Property With Quick Approval

Arranging funds at short notice to meet your urgent expenses is not easy. However, if you own a commercial space like a store or an office building, you can pledge it as collateral to finance your personal or business needs. Unlock your property’s value to avail of a Loan Against Commercial Property from Poonawalla Fincorp. Get a loan of up to ₹25 Crore with minimal paperwork.
We at Poonawalla Fincorp offer a Loan Against Property with attractive interest rates, simple eligibility criteria and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

Higher Loan-to-Value (LTV) Ratio Fair Loan-to-Value (LTV) Ratio
Flexible EMIs Flexible
EMIs
No Hidden Charges No Hidden
Charges
Minimal
Documentation
Online Application Process
Competitive Interest Rate Competitive
Interest Rate

Loan Against Property EMI Calculator for Commercial Property

Use our EMI calculator to plan your monthly repayments. Simply enter the loan amount, interest rate, and tenure to know your EMIs instantly. 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 a Loan Against Commercial Property

While our eligibility criteria differ based on whether you are salaried, self-employed or an established firm/company, here are some of the main details:

  • Age
  • Occupation
  • Experience/Vintage
  • Citizenship

Click to know more about the eligibility criteria in detail.

Documents Required for a Loan Against Commercial Property

Submit the relevant documents, depending on whether you are salaried, self-employed or an established firm/company, to avail of this loan:

● KYC Documents

● Income Proof

● Property Papers

● Bank Account Statement

● Address Proof

Click to know more about the documentation in detail.

Interest Rate and Charges for a Loan Against Commercial Property

We offer a mortgage loan at competitive interest rate and nominal charges:

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
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 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 Commercial Property

  • Financing higher education
  • Paying for medical emergencies
  • Renovating your home
  • Consolidating high-interest debt
  • Expanding your business

Who Can Get a Loan Against Commercial Property

● Salaried Individuals

● Self-employed Professionals

● Companies/Firms

Tips for a Successful Loan Against Property Application

● Check the eligibility criteria

● Determine your reasons for availing of the loan

● Borrow only what you need

● Check your credit score

● Arrange the necessary documents

● Avoid multiple loan applications

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. What is the penalty for non-payment of EMI for a Loan Against Commercial Property from Poonawalla Fincorp?

If you default on your EMI payments, we charge a default interest of 2% per month on the overdue amount. Ensure that you repay the EMI for the loan on time to avoid the penalty amount.

2. Does a firm or company need to submit bank account statements to apply for Poonawalla Fincorp’s Loan Against Residential Property?

Yes, a firm/company applying for our mortgage loan must provide the bank account statement for the last 12 months.

3. What is the minimum business vintage for a self-employed professional to get a Loan Against Property from Poonawalla Fincorp?

A self-employed individual should be in the same profession/business for the last 5 years to become eligible for availing of our mortgage loan.

*T&C Apply