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

Avail of a Loan Against Property in Bangalore

Empower your personal goals in the thriving city with our Loan Against Property (LAP) offers. Be it business expansion, higher education, or unforeseen expenses, availing of our loan is a reliable and efficient way to cover any expenses. Get a high loan amount of up to ₹25 Crore at attractive interest rates with minimal documentation, quick disbursal, and favourable loan terms. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount High Loan
Amount
Attractive Interest Rates Attractive
Interest Rate
Online
Application
Minimal
Documentation
Swift Approval Swift
Approval
Flexible Repayment Tenure Flexible
Repayment Tenure

Loan Against Property EMI Calculator

Plan your monthly repayments effortlessly with our EMI calculator. Enter the loan amount, interest rate, and tenure. 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

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 Loan Against Property in Bangalore

Depending upon whether you are salaried, self-employed or an established firm/company, your eligibility criteria may differ based on:

  • Age
  • Occupation
  • Experience/Vintage
  • Citizenship

Click to know more about eligibility criteria in detail

Documents Required for Loan Against Property in Bangalore

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

  • Property Documents
  • Identity Proof
  • Address Proof
  • Income Proof
  • Bank Account Statement

Click to know more about documentation in detail

Interest Rate and Charges for Loan Against Property in Bangalore

Get a loan against your property at competitive interest rate and 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
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 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 Loan Against Property in Bangalore

  • Expanding your existing business
  • Improving business set-up
  • Medical emergencies
  • Paying for higher education
  • Home renovation
  • Consolidating debt

Who Can Get a Loan Against Property in Bangalore

  • Salaried Individuals
  • Self-employed professionals
  • Companies/ Firms

Poonawalla Fincorp Branch Address in Bangalore

Poonawalla Fincorp Limited

● Address 1

2nd Floor, HM Tower, J. C. Road, Minerva Circle, Bengaluru, Karnataka - 560002

Contact Number: 1800-266-3201 (Toll-Free)

Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)

Address 2

Ground Floor, Phoenix Citadel, Castle Street, Richmond Town, Bangalore, Karnataka-560025

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. What different property types are eligible for Loan Against Property in Bangalore?

The following types of properties are eligible for a loan from Poonawalla Fincorp:

● Residential properties

● Commercial properties

● Industrial properties

● Warehouses

2. Does Poonawalla Fincorp’s Loan Against Property carry any spending restrictions?

No, our Loan Against Property does not carry any usage restrictions. Only spending not permitted by the regulator is subject to restrictions.

3. What documents do business owners have to submit for proof of income?

For income proof, owners of companies/firms have to submit the following documents:

● Balance Sheets for two years

● Profit and Loss Statement

● GST Returns

● Income Tax Returns