Secure funds in Aligarh with competitive interest rates on LAP!
Aligarh is a city renowned for its locks, brass, and bronze industries, where businesses thrive, and innovation is the key to success by providing opportunities to grow and expand businesses. However, it is not easy for everyone to upgrade their business without any financial constraints. At Poonawalla Fincorp, we understand that expansion and growth are vital for entrepreneurs in Aligarh. Our Loan Against Property (LAP) offering is designed to support your business ambitions. Whether you run a manufacturing unit or a commercial enterprise, our Loan Against Property provides the financial backing you need. Use your property as collateral to secure funds for business expansion, machinery, or production enhancements.
Loan Against Property Interest Rates in Aligarh
Poonawalla Fincorp provides competitive interest rates and full transparency regarding charges and loan processing fees. Read the following for more details:
| 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 | |
Features and Benefits of Loan Against Property in Aligarh
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Flexible repayment tenure
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Transparent Fees
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Business Upgradation
Flexible repayment tenure
Rigid repayment tenure can be daunting. Our Loan Against Property provides you with the freedom to tailor your repayment period while making the repayment method hassle-free.
Transparent Fees
There are no hidden charges; all charges are transparently communicated while processing your loan.
Business Upgradation
Use LAP to expand your existing business and invest in upgrading your equipment, and modern technologies.
We offer a Loan Against Property in Aligarh for:
- Salaried individuals: Secure a Loan Against Property with your stable income as a salaried individual, using your property as collateral for availing the various benefits offered by us on LAP.
- Firms/ Companies: With our Loan Against Property for firms and businesses, support your organisation financially. By maintaining your property with us as collateral, you can expand your business.
- Self-employed professionals: Self-employed professionals, like doctors, chartered accountants, and company secretaries, can leverage their property to access funds for both personal and professional goals through our Loan Against Property.
Purposes of Loan Against Property in Aligarh:
- Business Expansion: Fuel the growth by expanding your business, whether it's a manufacturing unit, retail outlet, or service enterprise.
- Capital Investment: Invest in new machinery, equipment, or technology to enhance the productivity and competitiveness of your business.
- Debt Consolidation: Merge high-interest debts into a single loan and experience the stress-free loan repayment option with Poonawalla Fincorp’s Loan Against Property.
Conclusion
Aligarh, known for its entrepreneurial spirit and thriving industries, finds a financial partner in Poonawalla Fincorp’s Loan Against Property. Our Loan is designed to fuel your business aspirations, offering competitive interest rate for loan against property and transparent processing. Whether you're expanding your enterprise, investing in equipment, or consolidating debts, our simplified process empowers you to achieve your financial goals.
With Poonawalla Fincorp, properties in Aligarh are not just a dream; it's a tangible reality which you can grasp through our Loan Against Property.
Poonawalla Fincorp’s Branch Address in Aligarh:
Poonawalla Fincorp Limited
Address: First Floor ,HM Complex,janakpuri Ramghat Road,Aligarh ,Uttar Pradesh, Pin 202001
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
