loan against property in Mizoram

Loan Against Property in Mizoram

Quick Approval | up to ₹5 Crore | Flexible EMIs

Mizoram, a Northeastern state of India, is popularly known as the "Land of Mountains". Its majestic waterfalls, lakes, national parks, and cultural festivals, make Mizoram one of the most popular tourist destinations in India. With the growth in the tourism industry a Loan Against Property in Mizoram can help the citizens get a loan to upgrade their business, fund education, or for any other need.

Poonawalla Fincorp offers a Loan Against Property at a lower interest rate with minimal documentation and quick approval. What are you waiting for? Apply now!

Poonawalla Fincorp offers a Loan Against Property at affordable rates of interest to meet respective financial obligations. Here is a detailed overview:

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 ₹51,728* 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

An EMI calculator is a useful handy online tool that calculates loan tenure, monthly instalments and interest to be paid. To calculate your EMI, you must enter the loan amount, tenure, and rate of interest.


Below are some of the most important features you need to keep in mind:

  • Instant Disbursal Logo

    Instant Disbursal

  • Competitive Interest Rates Logo

    Minimal Documentation

  • Flexible Tenure Logo

    Zero Hidden Chargese

  • Minimal Documentation Logo

    Flexible EMIs

  • Hassle-free Online Application Logo


  • No Hidden Charges Logo

    No End Usage Restriction

  • Zero Foreclosure Charges Logo

    Easy Application

  • Various Properties Logo

    Various Properties

  • Instant Disbursal: Get the loan directly into your bank account after verification.
  • Minimal Documentation: Provide your KYC documents and address proof.
  • Zero Hidden Charges: No additional or hidden charges are levied on Loan Against Property.
  • Flexible EMIs: Repay the loan at your convenience with a 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.
  • Easy Application: Just hit the ‘Apply Now’ button to get a Loan Against Property!
  • Various Properties: You can take loan various properties such as residential, commercial or industrial purposes.

Pledging your property, you can apply for a property mortgage loan in Mizoram against residential property, commercial property and industrial property. Let us look at it in detail:

  • Loan Against Residential Property: For Loan Against Residential Property, you can pledge villas, apartments, buildings and any other residential property.
  • Loan Against Commercial Property: You can pledge commercial properties such as gyms, spas, warehouses, retail stores and more for Loan against commercial property.
  • Loan Against Industrial Property: Properties include manufacturing plants, warehouses and many more can be used for loan against industrial property.
  • Loan Against Property Balance Transfer: A Loan Against Property balance transfer allows you to transfer your existing debt from your existing lender. By doing this, you can avail certain benefits from Poonawalla Fincorp that include quick processing of loans, high-value top-up loans, affordable rates of interest, benefits of part pre-payment and so on.

Explore Our Various Types of Loan Against Property Arrow Logo

Insightful Loan Against Property Blogs Arrow Logo

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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