Get a Loan Against Property in Nagaland at Attractive Interest Rates
Improvements in connectivity and infrastructure under the Indian Government's Look East Policy are driving business opportunities in Nagaland. Thus, if you are looking to expand your business or want to meet any big-ticket financial expenses, apply for a Loan Against Property in Nagaland with Poonawalla Fincorp.
By pledging your property as collateral, you can meet various financial requirements such as home renovation, debt consolidation, medical emergencies, etc. Enjoy several benefits such as flexible EMIs, no hidden charges, and instant disbursal. Don’t wait – apply now!
Loan Against Property Interest Rates in Nagaland
The interest rate and charges for a Loan Against Property in Nagaland are as follows:
Interest Rate | 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 |
Default Interest | 2% per month |
Repayment Instrument Dishonour Charges | ₹500 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 |
Online EMI Calculator to Get Loan Against Property in Nagaland
While applying for a Loan Against Property in Nagaland, you can use our EMI calculator to properly plan out your EMI schedule. Enter loan amount, rate of interest, and tenure.
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EMI Amount = *
Features and Benefits of Loan Against Property in Nagaland
By availing a Loan Against Property in Nagaland with Poonawalla Fincorp, you get to enjoy the following benefits and features:
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Instant Disbursal
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Minimal Documentation
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Zero Hidden Chargese
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Flexible EMIs
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No End Usage Restriction
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Various Properties
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Various Properties
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Easy Application
- Instant Disbursal: Get the loan directly into your bank account after verification.
- Minimal Documentation: Provide your KYC documents and address proof.
- Zero Hidden Charges: All fees and charges are disclosed.
- Flexible EMIs: Repay the loan at your convenience with a loan tenure of up to 15 years.
- No End Usage Restriction: Use the loan to meet any financial requirement.
- Various Properties: Avail of a loan on various properties such as for residential, commercial or industrial purposes.
- Easy Application: Just hit the ‘Apply Now’ button to get a Loan Against Property!
Various Types of Loans Against Property in Nagaland
Loan Against Property can be availed against various types of properties:
- Loan Against Residential Property: By keeping your residential property such as apartments, villas, independent houses, gated communities and builder floors as collateral, you can avail loan against residential property.
- Loan Against Commercial Property: For commercial Loan Against Property, you can pledge various commercial properties such as office buildings, warehouses, retail stores, etc.
- Loan Against Industrial Property: For a loan against industrial property, you can pledge various industrial properties such as private warehouses, flex space, and data centres, etc.
- Loan Against Property Balance Transfer: Loan against property balance transfer implies transferring of property mortgage loan in Nagaland from the existing lender to a new one. You can enjoy several benefits by transferring your loan to us, including a higher loan amount, lower interest rate and more.