loan against property in palakkad

Loan Against Property in Palakkad

Easy Loan Processing | Competitive Interest Rates | Minimal Paperwork

Nestled along the lush greenery of Kerala, Palakkad is a serene city with a rich cultural heritage. Amidst Palakkad's diverse landscape of opportunities, Poonawalla Fincorp stands as a reliable financial partner, helping individuals and businesses achieve their financial goals by tapping into the value of their properties.

Our Loan Against Property in Palakkad allows you to unlock the value of your property for diverse financial needs. Whether it's business expansion, education, medical expenses, or home renovation, our Loan Against Property provides a means to achieve your goals. With competitive interest rates and transparent processing, Poonawalla Fincorp ensures a seamless and convenient borrowing experience, enabling you to utilise your property for a secure and prosperous financial future.

Poonawalla Fincorp offers competitive interest rates and full-fee transparency in Palakkad. Explore more details below:

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 Process

  • Quick Approvals Logo

    Attractive Interest Rates

  • Competitive Interest Rate Logo

    Flexible Repayment Tenure

Streamlined Documentation Process

Our loan comes with no extensive paperwork while applying for a Loan Against Property from Poonawalla Fincorp.

Attractive Interest Rates

Leverage your property as collateral to obtain funds at a competitive interest rate, ensuring cost-effectiveness.

Flexible Repayment Tenure

With the Poonawalla Fincorp Loan Against Property, you have the freedom to manage your repayments over an extended duration.

  • Salaried Individuals: With a steady job, secure funds for your various needs through our Loan Against Property by using your property as security.
  • Firms/Companies: Empower the growth of your business, opt for our Loan Against Property secured by the value of property assets.
  • Self-employed Professionals: Regardless of your field, our loan offer the versatility of using your property as collateral, whether it's for personal or business financing needs.
  • Overseas Education: Secure your child's educational aspirations by using your property to fund their higher studies.
  • Property Repairs: Tackle unforeseen property repairs without financial stress with our Loan Against Property assistance.
  • Debt Consolidation: Combine your high-interest debts into a single helping you to manage your loan smartly.

Enhance your financial journey in the serene city of Palakkad with Poonawalla Fincorp's Loan Against Property. With competitive interest rates, streamlined loan processing, and simplified paperwork, our Loan Against Property offers a flexible tenure to suit your financial needs. Trust Poonawalla Fincorp to be your reliable financial partner amidst Palakkad's natural beauty and cultural heritage, allowing you to utilise your property for a secure and prosperous financial future.

Poonawalla Fincorp Limited

Address: 1st Floor, KAV Center, Chandranagar, Palakkad, Kerala- 678014
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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