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

Apply for a Loan Against Property in Cochin Within Minutes!

Finance both your personal and business-related expenses with a Loan Against Property in Cochin. Avail a loan of up to ₹25 Crore with minimal documentation, fair Loan-to-Value (LTV) ratio, flexible loan tenure, easy application process and faster approval. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount
No Hidden
Charges
Quick Approval
and Disbursal
Flexible
EMIs
Minimal
Documentation
Competitive
Interest Rate

Loan Against Property EMI Calculator

Determine your monthly budget within seconds with our online EMI calculator. Just enter basic information such as loan amount, interest rate, and tenure.

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 Cochin

Our eligibility criteria for availing LAP are simple:

  • Age Limit
  • Nationality
  • Experience/Vintage
  • Business Stability

Click to know more about eligibility criteria in detail

Documents Required for Loan Against Property in Cochin

Furnish these documents to avail of a LAP:

  • KYC documents
  • Income Proof
  • Bank Account Statement
  • Property Papers
  • Address Proof

Click to know more about the documentation in detail

Interest Rate and Charges for Loan Against Property

Poonawalla Fincorp offers property mortgage loan at competitive interest rates and nominal charges:

INTEREST RATE
Starting from
9.5
%* p.a.

PROCESSING FEE
Up to
2
% + applicable taxes

FORECLOSURE CHARGES
5
% on principal outstanding + applicable taxes

Details of Charges for Loan Against Property in Cochin

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
Cheque Bounce 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 Property in Cochin

  • Business expansion
  • Cover education expenses overseas
  • Debt Consolidation
  • Home or business infrastructure renovation
  • Meet emergency medical emergencies

Who Can Avail a Loan Against Property in Cochin

  • Salaried Individuals
  • Self-employed Professionals
  • Firms or Companies

Tips for Successful Loan Against Property Application

  • Know the loan eligibility criteria before applying
  • Select the appropriate loan amount
  • Make sure all property documents are in order
  • Check your credit scores and repayment history
  • Keep the loan documents ready

Poonawalla Fincorp Branch Address in Cochin

Poonawalla Fincorp Limited

Address: 5th Floor, Muscat Tower, Sahodaran Ayyappan Road, Above HP World, Kadavnathara, Cochin-682020

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

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

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

rightArrow
rightArrow

Frequently Asked Questions

Can I use a Loan Against Property from Poonawalla Fincorp to travel abroad?

Yes, you can apply for a Loan Against Property from Poonawalla Fincorp to fund your overseas travelling costs. You should meet the simple eligibility criteria and submit the minimal documents to secure loan approval.

Can I pledge my villa as collateral while applying for a Loan Against Property?

Yes, you can pledge your villa as collateral while applying for a mortgage loan in Cochin. Poonawalla Fincorp accepts different property types as collateral, including houses, flats, apartments, shops, office buildings, etc.

Are there any foreclosure charges associated with a Loan Against Property in Cochin?

Yes, you can foreclose your loan before tenure ends by paying a nominal foreclosure fee of 5% on the outstanding loan amount plus taxes.