Loan Amount
Up to ₹25 Crore
Interest Rate
Starting at 9.5%* p.a.
Loan Tenure
36-180 Months

Apply for a Property Mortgage Loan With Minimal Paperwork

Arranging funds on an emergency basis to deal with urgent financial requirements or to manage big-ticket expenses requires access to hassle-free credit facilities with favourable terms. Leverage your residential, commercial or industrial property to manage your expenses with a Property Mortgage Loan. Get a loan of up to ₹25 Crore to meet your personal or business expenses with flexible EMIs and instant disbursal.

Choose a trusted financial lender like Poonawalla Fincorp to get a Property Mortgage Loan with competitive interest rates, no end-usage restrictions and quick approval. Apply now!

Why Choose Poonawalla Fincorp

Fair
Loan-to-Value (LTV)
Ratio
No Hidden
Charges
No End-usage
Restrictions
Minimal
PaperWork
Swift
Approval
100% Online
Application Process

Loan Against Property EMI Calculator

Use our EMI Calculator to plan your monthly repayments. Enter the loan amount, interest rate, and tenure to know your EMIs instantly. Try now!

Optimize Your Loan Against Property Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹5100000
Interest Payable
₹5,493

Loan Amount

Rupees one lakh

Interest Rate

%
9 %
15 %

Tenure

Months
36Months
180Months

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 offers thoughtfully customised just for you

Eligibility Criteria for a Property Mortgage Loan

While our eligibility criteria differ based on whether you are salaried, self-employed or a firm/company, here are some of the main details:

  • Age
  • Occupation
  • Experience/Vintage
  • Citizenship

Click to know more about the eligibility criteria in detail.

Documents Required for a Property Mortgage Loan

Submit the necessary documents, depending on whether you are salaried, self-employed or an established firm/company, to apply for the loan:

  • KYC Documents
  • Income Proof
  • Property Papers
  • Bank Account Statement
  • Address Proof

Click to know more about documentation in detail.

Interest Rate and Charges for a Property Mortgage Loan

We offer a mortgage loan at attractive interest rates and nominal charges:

Interest Rate
9.5%* p.a. onwards
Loan Amount
From ₹51 Lakh to ₹25 Crore
Loan Processing Fees
2% plus applicable taxes
Lowest EMI Per Month
1044* per Lakh for 180 months
Loan 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 plus taxes
Repayment Instrument Dishonour Charges
₹500 per bounce plus applicable taxes
Stamp Duty
At actuals (as per state)
Hidden Charges
Nil

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

Different Uses of a Property Mortgage Loan

● Paying for medical emergencies

● Covering higher education costs

● Expanding your business

● Consolidating existing debt

● Paying for travel costs

● Renovating your home

Who Can Get a Property Mortgage Loan

● Salaried Individuals

● Self-employed Professionals

● Companies/Firms

Tips for a Successful Property Mortgage Loan Application

● Check the eligibility criteria

● Decide the loan amount as per your requirements

● Check your credit score

● Maintain a credit utilisation ratio of 30%

● Keep the required documents handy

● Avoid multiple loan applications

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

1. What is the minimum work experience required for a salaried individual applying for Poonawalla Fincorp’s mortgage loan?

A salaried employee should have work experience of at least 3 years, with a minimum of 6 months with the current employer, to apply for our mortgage loan.

2. What is the lowest possible EMI for a Property Mortgage Loan from Poonawalla Fincorp?

The lowest EMI for our mortgage loan is ₹1,044 per Lakh for a loan tenure of 15 years and an interest rate of 9.5%* p.a.

3. What identity documents should a self-employed individual submit to apply for Poonawalla Fincorp’s Property Mortgage Loan?

A self-employed individual should submit either one of the following documents to apply for our mortgage loan:

● PAN Card

● Aadhaar Card

● Driving License

● Voter ID Card

● Passport

*T&C Apply