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

Get a Loan Against Property in Lucknow With Instant Disbursal

Lucknow, known as the ‘City of Nawabs’, is a multicultural city with cultural and artistic significance and fine cuisine. It is also a fast-growing and industrialising city. Fund your big-ticket expenses with a Personal Loan in Lucknow from Poonawalla Fincorp. From higher education to an overseas vacation, utilise the loan for any purpose with no end-use restriction.

Get a high loan amount at competitive interest rates with minimal documentation, quick approval, and no hidden charges. Apply now!

Why Choose Poonawalla Fincorp

High Loan Amount
Attractive Interest Rate
Minimal
Documentation
Online Application
Flexible
Repayment Tenure
No Hidden
Charges

Loan Against Property EMI Calculator

Use our EMI calculator for a quick and accurate estimate of your monthly instalments. Enter your loan amount, tenure and interest and get results instantly. Calculate 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 a Loan Against Property in Lucknow

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 a Loan Against Property in Lucknow

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 documentation in detail

Interest Rate and Charges for a Loan Against Property in Lucknow

We offer loans 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

Interest Rate and Charges for Loan Against Property in Lucknow

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
Loan 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 Loan Against Property in Lucknow

  • Debt consolidation
  • Home renovation
  • Higher education
  • Medical emergencies
  • Business expansion
  • Wedding

Who Can Get a Loan Against Property in Lucknow

  • Firms or Companies
  • Salaried individuals
  • Self-employed individuals

Poonawalla Fincorp Lucknow Branch Address

Poonawalla Fincorp Limited
Address: Unit no. 106, 1st Floor, Shalimar Logix, Rana Pratap Marg, Hazratganj, Lucknow, Uttar Pradesh-226001
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

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Frequently Asked Questions

1. How can I improve my Loan Against Property eligibility?

There are several ways by which you can improve your loan against property eligibility criteria:

  • Maintaining an excellent credit score
  • Mortgaging a high-value collateral
  • Maintaining a steady source of income, etc.
2. What proof of income is required for the companies and firms?

You must submit your salary slips, income tax return, and profit/loss statements based on your occupation. Check our documents page for further details.

3. Is it possible to foreclose the Loan Against Property before the tenure ends?

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