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

Finance Your Dreams With Loan Against Property in Coimbatore

Unlock the value of your property with a Loan Against Property in Coimbatore. Whether you are looking to expand your business, fund higher education, or cover travelling costs, our loan is tailored to meet all your unique needs.

Enjoy the benefit of securing a high loan amount of up to ₹25 Crore at attractive interest rates with minimal paperwork and flexible repayment tenure. Apply now!

Why Choose Poonawalla Fincorp

Quick
Approval
High Loan
Amount
Minimal
Documentation
Online
Application
Flexible
Repayment Options
Competitive Interest Rate

Loan Against Property EMI Calculator

Calculate your monthly instalments in an instant with our online EMI calculator. Enter the loan amount, tenure and interest rates. 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 Coimbatore

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 Coimbatore

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 eligibility criteria in detail

Interest Rate and Charges for Loan Against Property in Coimbatore

We offer loans at competitive LAP interest rates and nominal 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
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

  • Healthcare expenses
  • Education funding
  • Home or office renovation
  • Business expansion
  • Wedding planning
  • Overseas travel

Who Can Get a Loan Against Property

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

Poonawalla Fincorp Branch Address in Coimbatore

Poonawalla Fincorp Limited

Address: 6th Floor, Classic Towers, Trichy Road, Coimbatore, Tamil Nadu - 641018

Contact Number:</strong> 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

1. What documents are required for a Loan Against Property in Coimbatore?

You will need proof of identity, proof of address, property documents, income proof, and bank statements.

2. How much loan amount can I get against my property?

The loan amount depends on the property's market value. With Poonawalla Fincorp's mortgage loan, you can obtain a loan amount between ₹51 Lakh and ₹25 Crore.

3. What is the interest rate for a Loan Against Property in Coimbatore?

Poonawalla Fincorp offers mortgage loans at interest rates starting at 9.5%* p.a.

4. What is the repayment tenure for a Loan Against Property?

Repayment tenure ranges from 3 to 15 years, allowing flexibility based on your financial situation and preferences.

5. Are there any prepayment charges for a Loan Against Property?

Yes, we permit borrowers to prepay a Loan Against Property by paying a nominal prepayment fee of 5% plus applicable taxes to prepay the loan.