loan against property in vijayawada

Loan Against Property in Vijayawada

Simplified Loan Processing | Minimal Documentation | Longer Loan Tenure

Nestled along the Krishna River in Andhra Pradesh, Vijayawada is known for lively markets and historic temples. The city’s growth reflects its resident’s aspirations and lifestyle and getting the required amount of funds at the right time is very important and the same time difficult. Therefore, to help you with this as the residents of Vijayawada Poonawalla Fincorp comes in. With us, you can now discover the benefits of Loan Against Property (LAP) in Vijayawada.

As a salaried worker, a business owner, or self-employed, Loan Against Property or our Property Mortgage Loan supports your financial goals. Use it to expand your business, fund education, manage medical expenses, or renovate your property. Loan Against Property offers flexibility and financial empowerment. Explore its advantages and achieve your dreams in Vijayawada.

Poonawalla Fincorp offers competitive interest rates in Vijayawada starting from 9.5% p.a. For additional information on our affordable EMIs, please refer to the 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

    Transparent Process

  • Quick Approvals Logo

    Variety of Property Choices

  • Competitive Interest Rate Logo

    Affordable Interest

Transparent Process

We're upfront about all charges, leaving no hidden fees for you to worry about.

Variety of Property Choices

We embrace a broad spectrum of property types as collateral to cater to your requirements.

Affordable Interest

Our Loan Against Property offers competitive interest rates on Loan Against Property, making repayments easier and property leverage cost-effective.

  • Salaried Individuals: Fulfil financial potential with our Loan Against Property, designed to aid salaried individuals in their goals.
  • Self-Employed Individuals: Our Loan Against Property solutions cater to self-employed individuals, providing flexibility for personal and business needs.
  • Firms and Companies: Support your business expansion and financial objectives for firms and companies through our Loan Against Property.
  • Business Technology Upgrade: Stay competitive in the digital age by modernizing your technology and equipment through Loan Against Property.
  • Transforming Spaces: Elevate your home or business infrastructure with Loan Against Property tailored for renovations and enhancements.
  • Global Learning Investment: Support your child's dreams of overseas education with our specialized Property Mortgage Loan.

Explore transparent charges and flexible repayment periods by applying for a Loan Against Property in Vijayawada with Poonawalla Fincorp. Our Loan Against Property (LAP) offers financial empowerment, whether you're salaried, self-employed, or a business owner. Utilize Loan Against Property to expand your business, fund education, manage medical expenses, or renovate your property. Experience the benefits of Loan Against Property and realize your dreams in Vijayawada.

Poonawalla Fincorp Limited

Address: 3rd Floor, R.S. Tower, Door No.40-25-80/1, Revenue Ward 13A, Kurra Satyanarayana Street, Gayatri Nagar, Benz Circle, Vijayawada, Andhra Pradesh - 520010
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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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

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

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