loan against property in nagpur

Loan Against Property in Nagpur

Competitive Interest Rates | No Hidden Charges | Swift Processing

In the heart of Maharashtra, Nagpur is a city known for its thriving commercial sectors and educational institutions. It is also home to a diverse population comprised of residents, professionals, and businesses. Hence, to help them further Poonawalla Fincorp offers Loan Against Property (LAP) in Nagpur, an opportunity for property owners to unlock the potential of their assets. Our Loan Against Property in Nagpur is tailored to cater to diverse financial needs, be it business expansion, education funding, medical expenses, or home renovation.

As Nagpur continues to flourish as a commercial hub, Poonawalla Fincorp provides a valuable financial tool that allows individuals and businesses to leverage their property and achieve their financial aspirations. With our Loan Against Property, you can step confidently towards securing your financial future in the vibrant city of Nagpur.

Obtaining a Loan Against Property in Nagpur is effortless with Poonawalla Fincorp. Access funds ranging from ₹51 Lakh to ₹25 Cr. Read below for further details:

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

    Minimal Documentation

  • Quick Approvals Logo

    Easy and Quick Approval

  • Competitive Interest Rate Logo

    No Hidden Costs Involved

Minimal Documentation

Our process requires only the necessary documents, saving time and speeding up the loan processing.

Quick Loan Approval Process

Anticipate fast loan approval thanks to our online application and dedicated support.

Attractive Interest Rates

We offer competitive interest rates over loan against property, ensuring EMIs that are easily manageable.

  • Salaried Individuals: With a secure job, you can fulfil your dreams by leveraging your property as security to obtain loans through our services.
  • Firms/Companies: With the support of our property mortgage loan, empower the growth of your business through the value of your property as collateral.
  • Self-employed Professionals: Regardless of your line of work, our loan solutions provide you with the freedom to use your property as collateral, whether you need funding for personal or business purposes.
  • Debt Consolidation: Merge your multiple loans into one loan and manage your debts with better interest rates offered by our Loan Against Property.
  • Business Expansion: Take your business to the next level with our Loan Against Property to fuel growth and opportunities.
  • Medical Emergencies: With our Loan Against Property, access funds quickly to cover unforeseen medical expenses and hospital bills during times of need.

Poonawalla Fincorp's Loan Against Property in Nagpur offers a valuable opportunity for property owners to streamline their finances. With affordable interest rates and a clear, simplified process, you can consolidate high-interest debt and achieve your financial goals. Whether it's securing funds for a new property, business growth, or handling medical emergencies, our Loan Against Property caters to your diverse needs. Join the financial journey with Poonawalla Fincorp and pave the way to a secure and prosperous future in the thriving city of Nagpur.

Poonawalla Fincorp Limited

Address: 1st Floor, Vision, Plot No. 9, CTS No. 1062, VIP road, beside traffic park, Mouje Gadge, Dharampeth, Nagpur, Maharashtra-440010
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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