Bangalore, the IT capital of India has a major influx of people from all parts of the country. Therefore, the rental rates for both commercial and residential properties are increasing steadily. The property rates grow consistently here offering a means of periodic returns to real estate investors. A wide range of luxury, mid-range and affordable houses offered by various residential housing projects are available in this city. Buying a residential property in Bangalore could be a profitable investment decision due to all these reasons.
The property loan rates have been on the lower side for quite some time now. You can mortgage your existing property to buy a row house, bungalow, or apartment in Bangalore. A loan against property is also one of the ways to deal with a financial emergency. At Poonawalla Housing, we provide customized tools and offerings to help you get a mortgage loan in Bangalore at reasonable rates. You can get a loan against property in Bangalore for wedding expenses or higher education for your child. The loan amount can be used for any other purpose as per your discretion.
Here are some of the features and benefits that you can avail if you apply online for a loan against property in Bangalore:
Quick Loan Procedure:
We employ a streamlined loan procedure to facilitate easy and quick loans to our customers.
We try to provide a maximum loan amount on your request by offering a high LTV (Loan-to-value) ratio. It enables you to get a high-value loan for your personal and business requirements easily. A loan from Rs.5 lakh to Rs.25 lakh can be availed depending upon the market value of your property.
Our connections with the major realtors in the market help us get the documents verified instantly. A minimal loan against property documents is required from your end. It helps us to provide you with a LAP loan in Bangalore without wasting any time.
Competitive Interest Rates:
At Poonawalla Housing, we offer a competitive loan against property interest rates in Bangalore. It enables you to repay the loan with pocket-friendly EMIs.
Easy Repayment & Longer Tenure:
To repay the mortgage loans easily, we offer a longer tenure as it minimizes the EMI. Zero foreclosure fee will apply on the remaining loan amount.
Integrating transparency in all our processes is one of our fundamental values at Poonawalla Housing. Therefore, the loan processing and other charges will never be hidden.
We believe in providing convenience to our customers at every stage. We ask our professional executives to assist and guide you through the process and also provide doorstep service. Our executives will also resolve your issues related to loans against property eligibility.
Loans on Different Property Types:
All property types such as commercial, warehouse, industrial, and residential properties can be mortgaged to obtain a LAP loan in Bangalore.
With Poonawalla Housing, get dedicated support and consultation for availing of a mortgage loan in Bangalore. Visit our website to get a loan against property in Bangalore or to cross-check the eligible loan amount using our loan against property calculator.
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.