loan against property in calicut

Loan Against Property in Calicut

High Loan Amount | Swift Loan Approval | Transparent Processing

Calicut, also known as Kozhikode, is a historic coastal city located in the southern Indian state of Kerala. It has been a trading hub for centuries, connecting India to various parts of the world. As the financial landscape in Calicut evolves, the need for robust financial solutions becomes paramount.

Poonawalla Fincorp's Loan Against Property in Calicut serves as a valuable financial tool for the residents of Calicut. Whether it's expanding a business, funding higher education, or managing medical expenses, our Property Mortgage Loan is designed to cater to diverse financial needs. We support Calicut's residents in achieving their financial aspirations and securing a prosperous future.

Enjoy competitive interest rates on Loan Against Property in Calicut for manageable EMIs. We maintain transparency through our fee structure and applicable charges on Loan Against Property for an easy and affordable loan process. See below for more details

Interest Rate 9.5% p.a. onwards
Loan Amount From ₹51 Lakh to ₹25 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 Charges 24% per annum
Repayment Instrument Dishonour Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges

Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.

  • No Collateral/Security Logo

    Significant Funding

  • Quick Approvals Logo

    Simple Documentation

  • Competitive Interest Rate Logo

    Quick Loan Processing

Significant Funding

Avail of a loan amount of up to ₹25 Crore to fulfil your financial needs.

Simple Documentation

Just provide the basic documents required for a Loan Against Property including income proof, financial details, property details, etc.

Quick Loan Processing

From application to disbursal, enjoy a quick and smooth loan process.

  • Salaried Individuals: Our Loan Against Property helps salaried individuals leverage their property to meet their financial needs.
  • Firms/Companies: We provide Loans Against Property to companies so they can use their property assets for business growth and financial stability.
  • Self-employed Professionals: We help self-employed professionals get the funds they need through a Loan Against Property.
  • Business Growth: Pave the way for expanding your existing business with a Loan Against Property.
  • Debt Consolidation: Simplify your financial circumstances by merging high-interest debts into a single, manageable Property Mortgage Loan.
  • Property Transformation: Improve and upgrade your home or business space with the help of a Loan Against Property.

Our Loan Against Property in Calicut is your trusted financial companion. Whether you want to expand your business, fund higher education, handle medical bills, or renovate your property, our loan fits your diverse financial needs. Apply for a Loan Against Property today to fulfil your financial requirements and secure a brighter future.

Poonawalla Fincorp Limited

Address: 4th Floor, "City Gallery", 6/835 E, Kannur Road, Calicut: 673001
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

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