It is a secured loan that can be availed against existing residential/commercial property, to fulfil every personal need, business need or any unexpected financial expenditure. The property pledged acts as a collateral while you continue using it. As we understand your urgent need for funds; we provide a higher loan amount against your property with minimal documentation, competitive interest rates for longer tenure, and quick approvals with no hidden charges.
Our customized features and offerings on Loan against Property are designed to help you address your financial needs with the benefits of:
Yes, you can avail a loan even if you jointly own the property. However, all the property owners should be co-applicants to the loan.
Yes, you can avail the loan on your residential as well as commercial properties while you continue to enjoy using it as before.
With Poonawalla Housing Finance, you enjoy competitive Loan against Property interest rate starting at 13.00% p.a. basis your credit rating.
At Poonawalla Housing Finance, you can avail a flexible loan tenure ranging from 5 to 15 years, thus ensuring you enjoy affordable monthly instalments.
Our Loan against Property offering, helps you avail the best mortgage loan value from as low as ₹5 Lakhs to ₹25 Lakhs depending on your eligibility.
Zero charges are applied when you choose to foreclosure or prepay your loan availed other than Business end Usage..
The Loan against Property is a convenient option to finance your business as well as personal needs by pledging your property, be it self-occupied or rented as collaterals:
As we provide a loan for salaried individual, self employed individuals and companies, you can check the complete list of documents required as per your applicant category in our Eligibility and Documents section.
Our affordable Loan against Property can be availed by both Salaried and Self-employed individuals as well as by Firm / Company to meet every financial need, be it business or personal. To know and understand your eligibility criteria, please refer to our Eligibility and Documents.
Fill in your basic details on the online form.
Submit your KYC, Income documents, Bank account with a copy of property documents statements.
Application will process for a quick verification and assessment of your documents.
Get the loan approval in a hassle-free and quick process.
That’s it! Your Loan Against Property gets instantly disbursed.