The city of Pune is one of the most sprawling cities of Maharashtra and the second largest city in the state. The city has earned the sobriquet of “The Oxford of the East'' owing to its many famous educational institutions. As per the Ease of Living Index 2020 Survey, Pune was found to be the second most liveable city in India. This is easily attributable to the vast and affordable housing projects across the city. Thus, owning a house in Pune is an attractive proposition, given the existing low interest rates in the economy.
If you have a good credit history and are regular with your EMIs, then Loan Against Property is an ideal financial instrument to support you with ample funds at a nominal interest rate. Since the prevailing interest rates in the economy are at an affordable pace, you can easily avail of a mortgage loan in Pune.
If you have an existing property and wish to monetise it or need a large capital to meet your financial goals, you can avail of a Loan Against Property (LAP). To unlock the true value of your property, you can avail a high value LAP in Pune from Poonawalla Housing. This is a quick and efficient method of raising a large corpus of funds for meeting your big-ticket expenses such as financing your child’s education or marriage, growing your business, or even taking care of unforeseen financial expenses.
Poonawalla Housing offers the following distinguished benefits on Loan Against Property in Pune.
Leverage the best market value of your property with a high loan-to-value (LTV), i.e. the amount of loan sanctioned against the total value of your property being pledged. It is desirable to have a high LTV for your property.
You can easily avail Loan Against Property in Pune for an amount ranging from Rs.5 lakh to Rs.25 lakh.
Low interest rates and flexible tenures:
Poonawalla Housing offers one of the best loan against property interest rates in Pune. Also, with the flexibility to choose tenures as per your discretion, you can easily repay your loan without leaving a dent in your pocket.
Hassle free loan:
While most providers will take time to verify properties, Poonawalla Housing has linkages with most major real estate developers and has verified projects. Thus, the documentation required for obtaining a loan against property is minimal and the process is quick and hassle free.
No hidden charges:
Poonawalla Housing follows a transparent processing system wherein all the charges for loan disbursal are communicated at the time of loan processing.
Minimal foreclosure charges:
In any situation of foreclosure, you will need to pay up to 0% foreclosure charges on the outstanding principal along with applicable taxes.
To make your loan experience more comfortable, our trained executives are available on call at your doorstep for document processing.
As a Pune citizen, you can avail loan against residential, commercial or even warehouse properties. To understand your Loan Against Property eligibility, call us for a quote or you can apply online for a Loan Against Property by clicking here. Use our Loan Against Property Calculator to ascertain the loan value you can avail of against your property.
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.