loan against property in kanpur

Loan Against Property in Kanpur

Minimal Documentation | Swift Loan Approval | Attractive Interest Rates

Kanpur is often referred to as the "Manchester of the East". This dynamic metropolis boasts a rich industrial heritage and a vibrant cultural tapestry that spans centuries. Kanpur's prominence in the textile, leather, and manufacturing sectors has made it a major economic hub in the region. At Poonawalla Fincorp, we recognize the ambitions of Kanpur's residents and offer Loan Against Property (LAP) in Kanpur is designed to empower your financial dreams, whether it's expanding your business, renovating your home, or funding a major expense. With streamlined documentation, competitive interest rates, and flexible repayment tenures, we provide the financial support you need. Our Loan Against Property ensures that your goals in Kanpur are achievable. Elevate your financial journey with our Loan Against Property.

Benefit from competitive interest rates on Loan Against Property that start at just 9.5% per annum. Refer to the below table for more information

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

    Streamlined Documentation

  • Quick Approvals Logo

    Transparent Processing

  • Competitive Interest Rate Logo

    Enhanced Funding

Streamlined Documentation

We offer loans with minimal paperwork requirements, expediting loan approval.

Transparent Processing

Experience complete cost transparency with a detailed breakdown of all charges and fees.

Enhanced Funding

Unlock significant financing up to ₹25 Cr to achieve your ambitions.

  • Firms/Companies: Our Loan Against Property (LAP) services are available to businesses and enterprises, enabling them to achieve growth and meet their financial requirements by utilizing their property as collateral.
  • Salaried Individuals: Individuals with a consistent income can effortlessly obtain a Loan Against Property, using their stable earnings to fulfil a wide range of financial needs.
  • Self-employed Professionals: Professionals such as doctors, lawyers, and architects can leverage their property to access funds through our Loan Against Property. Whether it's for expanding their business or pursuing personal objectives, our Loan Against Property accommodates diverse financial needs.
  • Medical Expenses: Use the Loan Against Property to pay for unexpected medical bills without worrying about your finances.
  • Debt Consolidation: Merge multiple high-interest debts into a single, more manageable Loan Against Property, reducing financial stress.
  • Property Renovation: Renovate your property by accessing the funds from our Loan Against Property and increase the value of your property.

Kanpur with its strong industrial base, is a city pulsating with opportunities. With Poonawalla Fincorp’s Loan Against Property in Kanpur you can now fulfil your dreams. Our Loan Against Property is designed to support your financial objectives, be it business growth, home improvements, or handling major expenses. With competitive interest rates and clear terms, Poonawalla Fincorp ensures that your financial goals in Kanpur are within reach. Experience swift loan approval and economical interest rates with our Loan Against Property. Elevate your financial journey with us.

Poonawalla Fincorp Limited

Address: 1st Floor, 16/116 (29 ) , Plot No 34, Block 16  ( subplot 4 ) Bhargava Estate, Civil Lines, Kanpur, Uttar Pradesh-208001
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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