loan against property in Meghalaya

Loan Against Property in Meghalaya

Up to ₹5 Crore | Quick Approval | No Hidden Charges

The beautiful and mermerising state of Meghalaya attracts a large number of tourists and has immense growth potential. Whether you want to expand your business, pursue higher studies, or consolidate debt, Loan Against Property in Meghalaya is a quick financial solution for you.

By opting for a Loan Against Property from Poonawalla Fincorp, you can get up to ₹5 Crore at competitive interest rates, and flexible repayment tenure. So, apply now to quickly access funds with fast approvals and fulfil all your aspirations.

The applicable interest rates and other associated charges are:

Loan Against Property Interest Rates 9% p.a. onwards
Loan Amount From ₹51 Lakh to ₹5 Crore
Loan Processing Fees Up to 1% plus applicable taxes
Lowest EMI per month 1044* Per Lakh for 180 months
Maximum Tenure 3-15 years (12 years for Industrial/Warehouse)
Foreclosure/Prepayment Charges 0%* If paid from own sources & 4%* If paid from other sources
Late Payment Charges 3% per month
Cheque Bounce Charges ₹1000 per bounce plus applicable taxes
IMD Charges - Initial application fee ₹10,000 - Non-refundable
Stamp Duty At actuals (as per state)
No Other Hidden Charges

*There are no hidden or extra charges other than the ones mentioned in the table above.

Before applying for the Loan Against Property in Meghalaya, use our EMI calculator to estimate your EMIs to plan your repayment. Enter the loan amount, tenure and interest rate. The calculator will display the result instatly.


The following are the features and benefits associated with our Loan Against Property:

  • High Loan Amount Logo

    High Loan Amount

  • Competitive Interest Rates Logo

    Competitive Interest Rates

  • Flexible Tenure Logo

    Flexible Tenure

  • Minimal Documentation Logo

    Minimal Documentation

  • Hassle-free Online Application Logo

    Hassle-free Online Application

  • No Hidden Charges Logo

    No Hidden Charges

  • Zero Foreclosure Charges Logo

    Zero Foreclosure Charges

  • High Loan Amount: Get high loan amount loan of up to ₹5 Crore.
  • Competitive Interest Rates: Secure funds at competitive interest rates starting just at 9%*p.a.
  • Flexible Tenure: Choose a flexible repayment tenure of up to 180 months.
  • Minimal Documentation: Submit only a few essential documents to apply for LAP.
  • Hassle-free Online Application: Apply online anytime and anywhere from the comfort of your home.
  • No Hidden Charges: All applicable charges will be effectively communicated beforehand.
  • Zero Foreclosure Charges: Foreclose your loan without any or foreclosure prepayment charges.

With Poonawalla Fincorp, you can opt for one of the different categories of property mortgage loan in Meghalaya. Choose any of the following properties depending on your financial requirements:

  • Loan Against Residential Property: You can opt for a loan against residential property by pledging your apartment, home, duplex, flat, penthouse, bungalow, villa, farmhouse, or any other residential property under your name.
  • Loan Against Commercial Property: Commercial property may include hospitals, office spaces, malls, warehouses, hotels, housing buildings, assembly plants, shopping centres, industrial facilities, etc
  • Loan Against Industrial Property: You can pledge industrial property like flex spaces, manufacturing units, warehouses, showrooms, cold storage units, etc
  • Loan Against Property Balance Transfer: As part of the Loan Against Property Balance Transfer process, you can transfer the outstanding balance to us, to avail of better loan terms and conditions.

Explore Our Various Types of Loan Against Property Arrow Logo

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Dos and donts and LAP
Know about property types for a loan against property

A mortgage loan is one of the most preferred types of secured loans. A secured loan is one where a borrower can pledge their property to a lender in exchange for receiving funds. Banks or non-banking financial com

Essentials of Loan Against Property
Advantages of Loan Against Property

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

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