loan against property in manipur

Loan Against Property in Manipur

Up to ₹25 Crore | Quick Approval | No Hidden Charges

Manipur is known for its bamboo and handloom industry and scenic beauty. In recent years, improvements in infrastructure and connectivity have led to many new businesses being established in this state. A Loan Against Property in Manipur is a useful financial tool for business expansion, debt consolidation, or to meet any other personal needs.

Get up to ₹25 Crore Loan Against Property from Poonawalla Fincorp with flexible repayment tenure and no hidden charges. Apply now!

The interest rate and charges for a Loan Against Property in Manipur are:

Interest Rate 9.5% p.a. onwards
Loan Amount From ₹51 Lakh to ₹25 Crore
Loan Processing Fees Up to 2%
Lowest EMI per month 1044* per Lakh for 180 months
Maximum 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
Repayment Instrument Dishonour Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
No Other Hidden Charges

Note: Default Charges: Penalty will be charged for non payment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.

You can use our free online EMI calculator tool to compare different loan amounts and tenures to find which options suit your needs. Enter the loan tenure, amount and rate of interest. The EMI calculator will display the result instantly.

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The features and benefits of a property mortgage loan in Manipur are:

  • Instant Disbursal Logo

    Instant Disbursal

  • Minimal Documentation Logo

    Minimal Documentation

  • Zero Hidden Charges Logo

    Zero Hidden Charges

  • Flexible EMIs Logo

    Flexible EMIs

  • Collateral-free Logo

    Collateral-free

  • No End Usage Restriction Logo

    No End Usage Restriction

  • Various Properties Logo

    Various Properties

  • Easy Application Logo

    Easy Application

  • Instant Disbursal: Get your loan amount directly into your bank account within no time.
  • Minimal Documentation: Requires KYC documents and address proof.
  • Zero Hidden Charges: All fees and charges are disclosed.
  • Flexible EMIs: Enjoy flexible loan tenure of up to 15 years.
  • Collateral-free: No need to pledge collateral to get a Loan Against Property.
  • No End Usage Restriction: Use the loan to meet any financial requirement.
  • Various Properties: Avail of loan on various properties such as residential, commercial or industrial purposes.
  • Easy Application: Just hit the ‘Apply Now’ button to get a Loan Against Property!

Loan Against Property can be availed against various types of properties:

  • Loan Against Residential Property: You can avail of Loan Against Property, by pledging your house, apartment, villa, or any other residential dwelling.
  • Loan Against Commercial Property: For Loan Against Commercial Property, you can pledge such as office buildings, warehouses, retail stores, etc.
  • Loan Against Industrial Property: You can get high loan amount by pledging the private warehouses, flex space, and data centres for funding your projects.
  • Loan Against Property Balance Transfer: The Loan Against Property Balance Transfer allows you to transfer your loan’s outstanding amount from your present lender to Poonawalla Fincorp without any hassle.

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A Loan against property or property mortgage loan is a secured loan granted when you offer your existing

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