Fulfil Your Financial Needs with a Loan Against Property in Cochin!
Cochin (Kochi) is a vibrant coastal city in Kerala and is famed for its natural beauty, historical significance, and thriving trade. In this dynamic city, Poonawalla Fincorp offers the key to unlocking your financial aspirations through our Loan Against Property.
Whether you're a salaried individual, a business owner, or a self-employed professional, our Loan Against Property in Cochin can be your trusted financial ally. Utilize your property as collateral to secure substantial funds for various needs like expanding your business, renovating your home, etc. Our loan comes with competitive interest rates and transparent loan processing, ensuring a hassle-free borrowing experience.
Loan Against Property Interest Rates in Cochin
Avail competitive interest rates on Loan Against Property in Cochin, starting at just 9% per annum. Experience transparent terms and easy loan processing to meet your financial needs. Check applicable charges on the Loan Against Property in Cochin mentioned in the table below:
| 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 Cochin
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Transparent Terms
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Minimum Documentation
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High Loan Amount
Transparent Terms
We maintain 100% transparency in our loan offer, clearly specifying the terms for better understanding.
Minimum Documentation
The documents required for a Loan Against Property mainly require the essentials like property and financial details.
High Loan Amount
We provide a high loan amount of up to ₹5 Crore through the Loan Against Property in Cochin.
We offer a Loan Against Property in Cochin for:
- Firms and Companies: Our Loan Against Property allows businesses to harness the potential of their property assets for growth and financial security.
- Self-employed Professionals: : Self-employed professionals can access funds by utilizing the value of their property through a Property Mortgage Loan.
- Salaried Individuals: Through our Loan Against Property, we enable salaried individuals to transform their property into a valuable financial asset.
Purposes of Loan Against Property in Cochin
- Revamp Business Facilities or Residence: Elevate and modernize your business infrastructure or renovate your home.
- Drive Business Expansion: Use the funds from a Loan Against Property to propel your business toward growth.
- Pursue Overseas Education: Fulfil your aspirations of studying abroad through financing from a Property Mortgage Loan.
Conclusion
Our Loan Against Property in Cochin is an excellent financial product that can help residents and businesses of this city meet their diverse requirements. Simply check the eligibility criteria and apply online for a Loan Against Property today!
Poonawalla Fincorp’s 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.)
*T&C Apply
