Apply for a Loan Against Property in Meghalaya with Minimal Documentation
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 ₹25 Crore at competitive interest rates, and flexible repayment tenure. So, apply now to quickly access funds with fast approvals and fulfil all your aspirations.
Loan Against Property Interest Rates in Meghalaya
The applicable interest rates and other associated charges 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 |
|
| 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.
Online EMI Calculator for a Loan Against Property in Meghalaya
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.
-
EMI Amount = *
Features and Benefits of Loan Against Property in Meghalaya
The following are the features and benefits associated with our Loan Against Property:
-
High Loan Amount
-
Competitive Interest Rates
-
Flexible Tenure
-
Hassle-free Online Application
-
No Hidden Charges
-
Minimal Documentation
- High Loan Amount: Get high loan amount loan of up to ₹25 Crore.
- Competitive Interest Rates: Secure funds at competitive interest rates starting just at 9.5%*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.
Various Types of Loans Against Property in Meghalaya
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.
