Loan Amount
Up to ₹25 Crore
Interest Rate
Starting at 9.5%* p.a.
Loan Tenure
3-15 Years

Get a Quick Loan Against Property in Mizoram

Mizoram is known for its rolling hills, biodiversity, festivals, dance forms and tribal culture. Unlock the value of your property in this state to meet your fund requirements with a Loan Against Property. Get a loan of up to ₹25 crore to cover your education costs, pay for medical emergencies, arrange working capital for your business, etc. Choose a trustworthy financial lender like Poonawalla Fincorp to avail of a Loan Against Property with competitive interest rate, minimal paperwork and instant disbursal. Apply now!

Why Choose Poonawalla Fincorp

Fair Loan-to-Value
(LTV) Ratio
No End-usage
Restrictions
Competitive
Interest Rate
Minimal
Documentation
Flexible
Repayment Tenure
No Hidden
Charges

Loan Against Property EMI Calculator

Plan your monthly repayments effortlessly with our EMI calculator. Enter the loan amount, interest rate, and tenure to know your EMIs instantly. Try now!

Optimize Your Loan Against Property Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹5100000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
9 %
15 %

Tenure

Months
36Months
180Months

Apply for a Loan Against Property in Just 3 Steps

Click on "Apply Now”

Tap the Apply Now button to initiate your application.

Enter Details

Enter your contact, personal, occupation, and property ownership details.

Upload Documents

Upload the necessary documents for quicker approval.

On successful verification, the loan amount will be disbursed into your bank account instantly.

Get exclusive offers thoughtfully customised just for you

Eligibility Criteria for a Loan Against Property in Mizoram

Meet our simple eligibility criteria to qualify:

  • Age
  • Occupation
  • Experience/Vintage
  • Citizenship

Click to know more about our eligibility criteria in detail.

Documents Required for a Loan Against Property in Mizoram

Submit just a few mandatory documents:

  • KYC documents
  • Income Proof
  • Property Papers
  • Bank Account Statement
  • Address Proof

Click to know more about documentation in detail.

Interest Rate and Charges for a Loan Against Property in Mizoram

We offer a mortgage loan at attractive interest rate and nominal charges:

Interest Rate
9.5%* p.a. onwards
Loan Amount
From ₹51 Lakh to ₹25 Crore
Loan Processing Fees
Up to 2% plus applicable taxes
Lowest EMI Per Month
53,255* per Lakh for 180 months
Loan 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
Repayment Instrument Dishonour Charges
₹500/- Per Bounce
Default Charges
24% per annum plus taxes
Stamp Duty
At actuals (as per state)
Hidden Charges
Nil

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

*T&C Apply

Different Uses of a Loan Against Property in Mizoram

  • Consolidate high-interest debt 
  • Pay for medical emergencies 
  • Cover higher education costs 
  • Expand and diversify your business 
  • Upgrade existing business equipment 
  • Refurbish your home or business infrastructure 

Who Can Get a Loan Against Property in Mizoram

  • Salaried individuals  
  • Self-employed professionals 
  • Companies/Firms 

Tips for a Successful Loan Against Property Application

  • Check the eligibility criteria 
  • Determine your reasons for availing of the loan 
  • Maintain a credit score of 750 and above 
  • Borrow only what you need 
  • Keep the required documents handy 
  • Avoid multiple loan applications 

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

Should a salaried individual submit bank account statements to apply for a Loan Against Property?

Yes, a self-employed individual should submit bank account statements, with salary credit, for the last 6 months to apply for Poonawalla Fincorp’s Loan Against Property. 

What income documents should a self-employed individual submit to apply for a Loan Against Property?

A self-employed individual should submit the following income documents to apply for a mortgage loan from Poonawalla Fincorp: 

  • Last 2 years’ Income Tax Returns 
  • Profit or Loss statement and Balance Sheet for the last 2 years 
Can I apply for a Loan Against Property in Mizoram to cover my business-related expenses?

Yes, you can apply for our mortgage loan to cover the costs associated with your business, such as hiring additional workforce, arranging working capital, upgrading existing equipment, purchasing new machines, etc.