Apply for loan on HIPL app available on Google Playstore Download Now

  • IPL Quiz
  • CSR
  • Emi Calculator

  • Investors
  • About us
    • Dealer Locator
    • Customer Care
    • Offices
    • RBI IRACP Norms- Impact for NBFCs across Asset Classes
    • Fraud Awareness
logo
  •   Products 
    • Personal Loan Overview
    • Personal loan Interest Rates
    • Documents Required for Personal Loan
    • Personal Loan EMI Calculator
    • Personal Loan Eligibility
    • Unsecured Personal Loan
    • FAQs
    • Apply Now
    • Personal Loan App
    • Instant Cash Loan
    • Personal Loan for Mobile
    • Short Term Loan
    • Salary Advance Loan
    • Education Loan
    • Personal Loan For Medical Emergency
    • Travel Loan
    • Debt Consolidation Loan
    • Personal Loan for Home Renovation
    • Marriage Loan
    • Consumer Durable Loan
    • Personal Loan For Women
    • Quick Loans Online
    • Personal Loan For Doctors
    • Personal Loan For Businessman
    • Personal Loan For Self Employed
    • Personal Loan For Corporate Employees
    • Personal Loan for Government Employees
    • Personal Loan For Salaried Employees
    • Personal Loan For Chartered Accountant
    • Personal Loan For Defence Personnel
    • Emergency Loan
    • Personal Loan For Teachers
    • Business Loan Overview
    • Business Loan EMI Calculator
    • Business Loan Eligibility
    • Business Loan Interest Rate
    • Documents Required for Business Loan
    • FAQs
    • Apply Now
    • Unsecured Business Loans
    • Bill Discounting Or Invoice Discounting
    • Two Wheeler Loan Overview
    • Two Wheeler Loan Interest Rates
    • Two Wheeler Loan EMI Calculator
    • Documents Required for Two-Wheeler Loan
    • Two Wheeler Loan Eligibility
    • FAQs
    • Apply Now
    • Two Wheeler Loan for Hero Splendor Plus
    • Used Car Loan Overview
    • Used Car Loan Eligibility
    • Documents Required For Used Car Loan
    • Used Car Loan EMI Calculator
    • Used Car Loan Interest Rates
    • FAQs
    • Apply Now
      • Loan Against Property Overview
      • Loan Against Property Eligibility
      • Documents Required For Loan Against Property
      • Loan Against Property EMI Calculator
      • Loan Against Property Interest Rates
      • FAQs
      • Apply Now
        • Loyalty Loan Overview
        • Loyalty Loan EMI Calculator
        • FAQs
        • Apply Now
          • Home Loan Overview
          • Home Loan EMI Calculator
          • Document Required For Home Loan
          • FAQs
            • Insurance Overview
            • Bike Insurance
            • Car Insurance
            • Customer Section
                • PAY ONLINE
                • PAY@STORE
                • PAY FROM ANYWHERE
                • E MANDATE
                • CUSTOMER SERVICE APP
                • MANDATE FACILITIES New
                • Bill Discounting Portal
                • PAY ONLINE
                • MANDATE FACILITIES
            • Investors
            • Blogs
            • Careers
            • About Us
            Apply Now
            Apply now
            alteenative
            • Home
            • Products
            • Loan Against Property
            • Loan Against Property In Chennai

            Loan Against Property In Chennai

            • Loan up to ₹7.5 Crore
            • Quick Sanctioning
            • Maximum Funding on Property Value
            Apply Now
            • Documents Required
            • Overview
            • EMI Calculator
            • Eligibility
            • Interest Rate & Charges

            Loan Against Property EMI Calculator

            Calculate your EMI and choose the most suitable EMI for you

            ₹ 0
            ₹ 0
            ₹ 0
            Apply for Loan Against Property

            Get Mortgage Loans in Chennai With Instant Approval

            At Hero FinCorp, we prioritise providing our customers with a seamless and efficient loan processing experience. We understand the importance of a quick turnaround time, which is why we have streamlined our loan application process. Our user-friendly online application allows you to conveniently submit your loan request from the comfort of your home or office. Once you submit your application, our dedicated representative will promptly assist you throughout the process. 

            They will ensure smooth processing and swift disbursal of the loan amount. We value your time and strive to make the entire journey hassle-free. Our team is committed to providing you with the necessary assistance and guidance at every step, making the loan application and approval process a breeze.

            Experience the convenience of our fast and efficient loan processing system with Hero FinCorp. With us, you can obtain a Mortgage Loan in Chennai quickly and easily.

            Features and Benefits of Loan Against Property in Chennai

            The Hero FinCorp Loan Against Property in Chennai makes financing significant expenses easier. You can benefit from low-interest rate finance, tailored with the best Loan Against Property features to maximise the potential of your property. Moreover, you can enjoy the flexibility to select a comfortable tenure that suits your repayment capacity. Explore the remarkable features and benefits of obtaining a Loan Against Property from Hero FinCorp below:

            9.png
            High Loan Amount

            Unlock substantial funds ranging from Rs 20 Lakh to 7.5 Crore with our Loan Against Property. Leverage the value of Land Mortgage Loans in Chennai to meet your financial needs effectively.

            10.png
            Attractive Interest Rate

            Enjoy competitive interest rates that ensure affordable repayments, making your Loan Against Property a cost-effective financing option.

            11.png
            Quick Loan Procedure

            Experience a streamlined private mortgage loan in Chennai with Hero FinCorp, ensuring prompt processing and disbursal of funds to meet your urgent financial requirements.

            12.png
            Easy Repayment & Longer Tenure

            Benefit from flexible repayment options and longer loan tenures, allowing you to manage your loan repayments comfortably over an extended period of 10 years.

            13.png
            Higher LTV

            Our private finance against property in Chennai gets you the maximum Loan-to-Value (LTV) ratio, up to 75% of the mortgaged property value and considering the property type.

            13 (1).png
            Hassle-free Documentation

            Enjoy a hassle-free loan application process with minimal documentation requirements, simplifying the overall experience and saving you valuable time and effort.

            Eligibility Criteria for Instant Mortgage Loan in Chennai

            Here are the eligibility criteria for an instant mortgage loan in Chennai given below:

            HFCL_age_icon
            Age

            Aged between 25 and 75 years.

            citizenship.png
            Citizenship

            The criteria include being an Indian national

            work-experience.png
            Work Experience

            Engaged in a profitable business and having an active business for at least three consecutive years.

            work-experience.png
            Business Status

            Applicants should have a profitable business running for at least 3 years.

            1.png
            Occupation Status

            You must be engaged in a profitable business. Salaried-class individuals are not eligible for our mortgage loan.

            Note: We do not provide Loan Against Property to salaried individuals.

            Documents Required to Apply for a Loan Against Property in Chennai

            At Hero FinCorp, we have made it easier for you to access funds for a Loan Against Property by simplifying the required document list. Below is a table that outlines the documents we need:

            mand-doc.png
            Mandatory Documents

            Duly filled application form, PAN Card

            identity.png
            Proof of Identity

            Aadhar Card, ID Card, Driver's License, and Identity Card issued by GOI

            addr.png
            Proof of Address

            Passport, Driver's License, Utility Bill, Voter ID Card, Lease/ Rent Agreement, Registry Copy, Property Tax Receipt, GST Certificate

            ownership.png
            Proof of Business Existence

            GST Certificate, UDHYAM Certificate, Partnership Deed Copy, Trade License, Certificate of Practice

            income.png
            Signature Proof

            Banker's Verification, Passport, PAN Card

            mand-doc.png
            Proof of Income

            Last three years' Income Tax Returns (ITRs), Income Statement, Profit and loss Statement Balance Sheet, Bank Account Statement (previous six months)

            mand-doc.png
            Property Related Documents

            Complete set of documents pertaining to the property in question

            Interest Rates on Mortgage Loans in Chennai

            Availing an affordable Loan Against Property in Chennai is essential for making smart borrowing decisions. At Hero FinCorp, we deeply understand the needs of our customers and have meticulously designed our loan product to provide a seamless borrowing experience. Our Hero FinCorp Loan Against Property offers competitive interest rates and minimal fees, ensuring you can borrow cost-effectively. We firmly believe in complete transparency and assure you that no hidden charges are involved. With us, you can have peace of mind, knowing that we prioritise 100% transparency in all private mortgage loan in Chennai.

            Our loan offering provides the best value with attractive interest rates for individuals who own private companies in Chennai and are seeking finance against their property. Additionally, we offer an extended repayment tenure of up to 10 years, enabling you to repay the loan over a more extended period comfortably.

            Interest Rate

            Starting from 11% P.A.

            Loan Amount

            ₹20 Lakh to ₹ 7.5 Cr

            Loan Processing Charges

            Minimum Processing fee is 1%+ GST

            Foreclosure Charges

            Pre-Payment is not allowed within 12 months of loan sanction After 12 months, pre-payment charges will be applicable as described in the sanction letter

            Read More

            How to Apply For a Loan Against Property in Chennai?

            Here's the application process for Loan Against Property in Chennai:

            • 1

              Check Eligibility: Ensure you meet our eligibility criteria, including age, business age, etc. You can refer to our FAQs for further clarification.

            • 2

              Documents: Keep all the necessary documents ready, such as KYC papers, property papers, income proofs (financial statements, ITRs), company constitution and registration proofs. So it is not possible to get a loan against property without income proof in Chennai.

            • 3

              Calculate Your EMI: Utilise the loan against property EMI calculator on our website to determine the most suitable EMI for repayment.

            • 4

              Online Application: Fill out the LAP application form on our website, providing personal, loan and additional details. Verify your mobile number with OTP.

            Wait for verification and approval. Once approved, you will get a loan offer. Accept the loan offer to get the loan amount in your account.

            If you prefer an offline approach, visit your nearest Hero FinCorp branch. Existing customers can directly contact their dedicated relationship manager.

            For any other query, reach out to our customer care at 1800-103-5271, Monday to Friday, between 10 AM and 6 PM. Alternatively, you can email us at Corporate.Care@HeroFinCorp.com for further assistance.

            Apply Now

            Frequently Asked Questions (FAQs)

            Hero FinCorp is one of the best finance companies. We recommend offers based on borrowers desired interest rates, loan amount, repayment terms, and other features.
            The loan amount depends on property value. Contact us for a personalised assessment. The maximum loan limit we provide is 75% of your property’s market value.
            No. Without income proof, you cannot get a loan against property in Chennai. You should have a successfully running business for up to three years with a regular income.
            Residential properties (houses, apartments, plots), commercial properties (offices, shops), and industrial properties can be used as collateral for a Loan Against Property in Chennai.
            Loan Against Property in Chennai usually comes with flexible tenure options, ranging from 5 to 20 years. You can choose a tenure that aligns with your repayment capability.
            Yes, most lenders allow foreclosure or prepayment of LAP. However, some may impose prepayment charges, so it's essential to check the terms and conditions before proceeding.

            loan against property in chennai Related Blogs

            what is possession certificate

            Loans Against Property

            What is Possession Certificate and How To Get It?
            20 May, 2025
            What_Is_An_Adjustable_Rate_Mortgage_ARM_Loan_14819ef228.webp

            Loans Against Property

            What Is an Adjustable-Rate Mortgage (ARM) Loan?
            20 May, 2025
            Stamp_Duty_and_Registration_Charges_in_Delhi_cef1ea1ee2.webp

            Loans Against Property

            Stamp Duty and Registration Charges in Delhi
            20 May, 2025
            All_You_Need_to_Know_About_Ancestral_Property_add1d360d9.webp

            Loans Against Property

            All You Need to Know About Ancestral Property
            20 May, 2025
            What_is_the_Annual_Value_of_Property_and_How_to_Calculate_7540b04da8.webp

            Loans Against Property

            What is the Annual Value of Property and How to Calculate?
            20 May, 2025
            Fair_Value_of_Land_Meaning_and_How_to_Calculate_ccefd5a3c3 (1).webp

            Loans Against Property

            Fair Value of Land: Meaning and How to Calculate
            20 May, 2025
            gaj_to_bigha_dd05922372.webp

            Loans Against Property

            बीघा को गज में कैसे बदलें? 1 बीघा‌ में कितने गज‌ होते हैं?
            20 May, 2025
            mp bhulekh naksha

            Loans Against Property

            एमपी भूलेख - मध्यप्रदेश भूलेख, खसरा / खतौनी, भू-नक्शा कैसे देखें?
            20 May, 2025
            Micro Loan Against Property

            Loans Against Property

            Micro Loan Against Property Overview
            20 May, 2025
            makaan_ka_naksha_0f3d5300a4 (1)_11zon.webp

            Loans Against Property

            घर का नक्शा और डिज़ाइन: जानें कैसे तैयार करें अपने नए घर का नक्शा
            20 May, 2025
            View All
            Loan Against Property Key Pages
            • Loan Against Property Overview
            • Check LAP Interest Rate
            • Check Your LAP Eligibility
            • Document Required For LAP
            • Check Your LAP EMI
            Loan Against Property In Top Cities
            • Loan Against Property in Chennai
            • Loan Against Property in Delhi
            • Loan Against Property in Hyderabad
            • Loan Against Property in Ahmedabad
            • Loan Against Property in Bangalore
            Loan Against Property Related Blog
            • What is Mortgage Loan?
            • Mortgage Loan Types
            • Minimum CIBIL Score Required for LAP
            • Tax Benefits From Your LAP
            • Tips to Get LAP Without Income Proof