loan against property in Tamil Nadu

Loan Against Property in Tamil Nadu

up to ₹25 Crore | Quick Approval | Flexible EMIs

Availing a Loan Against Property in Tamil Nadu helps leverage the value of the property and secure funds for covering any big-ticket expense. You can use the loan amount for meeting financial needs such as home renovation, business expansion, medical emergencies, etc.

With Poonawalla Fincorp’s Loan Against Property, you can avail up to ₹25 Crore and enjoy the benefits such as competitive interest rates, flexible repayment, zero hidden charges, minimal documentation, etc. Apply now!

Poonawalla Fincorp offers a Loan Against Property at affordable rates of interest to meet respective financial obligations. Here is a detailed overview:

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.

With the help of our online EMI calculator, you can methodically plan out your EMI schedule and your monthly repayment obligations, helping you never miss your repayment date. Enter your details such as loan amount, tenure, and rate of interest.

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Below are some of the important features and benefits you need to keep in mind:

  • 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: No additional or hidden charges are levied on Loan Against Property.
  • 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: You can take loan various properties such as residential, commercial or industrial purposes.
  • Easy Application: Just hit the ‘Apply Now’ button to get a Loan Against Property!

Poonawalla Fincorp provides property mortgage loan in Tamil Nadu on a diverse range of properties, allowing you to leverage your commercial, residential or industrial property to obtain instant funds. Read below to learn more:

  • Loan Against Residential Property: Loan Against Residential Property allows you to avail a loan against properties you own, whether it is a house, villa or flat.
  • Loan Against Commercial Property: With our Loan Against Commercial Property, you can pledge commercial properties such as buildings, retail outlets, hotels, etc to obtain our mortgage loan with zero hidden charges.
  • Loan Against Industrial Property: You can leverage the value of your industrial property such as data centres, private warehouses, flex spaces, fabrication facilities, etc.
  • Loan Against Property Balance Transfer: Our Loan Against Property balance transfer feature helps you enjoy the benefits of lower interest rates, allowing you to manage your finances better.

Poonawalla Fincorp Limited

Address: 2nd Floor,The Oval Tower, Venkatanarayana Road, T.Nagar, Chennai Tamil Nadu-600017
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)


Address: No. 12A, 4th Floor,ATP Tower, Bypass Road, Madurai, Tamil Nadu-625016
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)


Address: No 258/2,2/91, 2nd Floor, Sri Vaari Shopping Mall, New Bus Stand Main Road, Meyyanur, Salem,Tamil Nadu-,-636004
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)


Address: Office No 2, 3rd Floor, Ray Towers, Vadavoor Salai, 9th Cross, Thillainagar, Trichy, Tamil Nadu--620018.
Contact Number: 1800-266-3201 (Toll-free)
Timing: 10 am – 6:30 pm (Weekly off on first and second Saturdays and all Sundays.)


Address: 6th Floor, Classic Towers, Trichy Road,Coimbatore Tamil Nadu-641018.
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

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