Get a Loan Against Property at better interest rates!
Meet your financial needs with a Loan Against Property at competitive interest rates and minimal charges. Borrow smart. Get a loan at affordable terms!
Competitive Interest Rate
Get a Loan Against Property starting at just 9.5%* p.a. and reduce the overall cost of borrowing.
Minimal Processing Fees
Pay a nominal processing fee of up to 2% plus taxes on the approved sanction amount.
Other Charges
Check our tariff sheet document for more details about our other fees and applicable charges.
Late Payment Penalty
- Default Charges: 24% per annum plus applicable taxes.
- Cheque Bounce: ₹500 per bounce.
Nominal Foreclosure Charges
- 5% on principle outstanding plus applicable taxes.
Interest Rates and Charges for Loan Against Property
5% on principal partly paid amount + applicable taxes
Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf
*T&C Apply
Factors Affecting Loan Against Property Interest Rates
- Credit Score: A good credit score of 700 or higher helps you avail of a loan at affordable interest rates.
- Repayment Tenure: A longer repayment tenure provides the convenience of affordable interest rates but leads to higher interest payable. A shorter repayment tenure reduces the interest payable.
- Income: Higher income indicates good repayment capability, leading to affordable interest rates.
- Down Payment: A higher down payment lowers the interest rate, and vice versa.
Apply for a Loan Against Property in Just 3 Steps
Click on "Apply Now”
Tap the Apply Now button to initiate your application.
Enter Details
Enter your contact, personal, occupation, and property ownership details.
Upload Documents
Upload the necessary documents for quicker approval.
On successful verification, the loan amount will be disbursed into your bank account instantly.
Get Exclusive Access to Simplified
Personal Finance Information at
Poonawalla Fincorp’s FinHub
Frequently Asked Questions
Poonawalla Fincorp offers Loan Against Property at interest rates starting at 9.5% p.a. This makes our loan one of the most cost-effective financing options you can avail yourself of to fulfil any big-ticket expense.
We ensure an affordable experience and only levy a nominal processing fee of up to 2% on our Property Mortgage Loan plus applicable taxes.
Yes, you can foreclose your loan before tenure ends by paying a nominal foreclosure fee of 5% on the outstanding loan amount plus taxes.
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Other Loan Options to Suit Your Needs
Happy Customers, Happy Us
I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.
Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!
Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.
I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!
A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.
I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.
I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.