loan against property in Madhya Pradesh

Loan Against Property in Madhya Pradesh

Up to ₹25 Crore | Quick Approval |No Hidden Charges

A Loan Against Property in Madhya Pradesh serves as a secure way to access quick funds. It is designed to cater your financial needs such as business expansion, wedding, home renovation, medical emergencies, etc. With our Loan Against Property in Madhya Pradesh, you can unlock the potential of your property while enjoying benefits such as high loan amount, flexible EMI, quick approval, etc. Get a Loan Against Property in Madhya Pradesh now!

The interest rate and charges for Property Mortgage Loan in Madhya Pradesh are:

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.

Our EMI calculator for Loan Against Property is the perfect tool to help you plan your EMIs with confidence. Enter your details such as loan amount, tenure and rate of interest to get accurate and instant results.

%
Calculate

The best features and benefits of a Loan Against Property in Madhya Pradesh are:

  • Instant Disbursal Logo

    Instant Disbursal

  • No Collateral/Security Logo

    Minimal Documentation

  • Zero Hidden Charges Logo

    Zero Hidden Charges

  • Flexible EMIs Logo

    Flexible EMIs

  • Collateral-free Logo

    Collateral-free

  • No End Usage Restriction Logo

    No End Usage Restriction

  • Various Properties Logo

    Various Properties

  • Easy Application Logo

    Easy Application

  • Instant Disbursal: Get the loan directly into your bank account after verification.
  • Minimal Documentation: Provide your KYC documents and address proof.
  • Zero Hidden Charges: All fees and charges are disclosed.
  • Flexible EMIs: Repay the loan at your convenience with a loan tenure of up to 15 years.
  • Collateral-free: No need to pledge collateral to get a Loan Against Property.
  • No End Usage Restriction: Use the loan to meet any financial requirement.
  • Various Properties: Avail of a loan on various properties such as for residential, commercial or industrial purposes.
  • Easy Application: Just hit the ‘Apply Now’ button to get a Loan Against Property!

Poonawalla Fincorp offer loan against various types of properties such as:

Loan Against Residential Property

You can pledge your residential property such as bungalow, flat, farmhouse or any other kind of residential place.

  • Loan Against Commercial Property: With loan against commercial property, you can pledge office buildings, retail stores, hotels, guest houses, restaurants, malls, housing buildings etc.
  • Loan Against Industrial Property: If you have an industrial property, you can avail a Loan Against Industrial Property. You can get a loan against a manufacturing unit, industrial land, workshop, or any other type of property in a defined industrial zone.
  • Loan Against Property Balance Transfer: If you already have an existing loan against property, you may consider transferring the balance to Poonawalla Fincorp. This process allows you to get better interest rates, longer repayment tenures and other favourable terms.

Poonawalla Fincorp Bhopal Branch
Address: 1st Floor, Mahaveer Avenue, Plot No.2, R-2, Zone-01, Maharana Pratap Nagar, Bhopal,Madhya Pradesh-462011
Contact Number: 1800-266-3201 (Toll free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)


Poonawalla Fincorp Gwalior Branch
Address: 4th Floor, Alaknanda Tower, Madhav Rao Sindhia Road, City Centre, Gwalior, Madhya Pradesh-474011
Contact Number: 1800-266-3201 (Toll free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)


Poonawalla Fincorp Indore Branch
Address: Office No. 717 to 720, 07th Floor, Benchmark Business Park, Near Satya Sai Square, Vijay Nagar, Indore, Madhya Pradesh - 452010
Contact Number: 1800-266-3201 (Toll free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)


Poonawalla Fincorp Jabalpur Branch
Address: 849-C, 1st Floor, Manas Nandani, Manas Bhawan Square, Opposite To Smart City Office, Wright Town, Jabalpur, Madhya Pradesh-482002
Contact Number: 1800-266-3201 (Toll free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)


*Terms & Conditions Apply

Explore Our Various Types of LAP Loan Arrow Logo

Insightful Loan Against Property Blogs Arrow Logo

Dos and donts and LAP
Know about property types for a loan against property

A mortgage loan is one of the most preferred types of secured loans. A secured loan is one where a borrower can pledge their property to a lender in exchange for receiving funds. Banks or non-banking financial com

Essentials of Loan Against Property
Advantages of Loan Against Property

What is Loan Against Property?
A Loan against property or property mortgage loan is a secured loan granted when you offer your existing

Contact Us logo Quick Apply CIBIL Score logo Free CIBIL Whatsapp logo Connect on WhatsApp