Get a Loan Against Property in Mizoram with Attractive Interest Rates!
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!
Loan Against Property Interest Rates in Mizoram
Poonawalla Fincorp offers a Loan Against Property at affordable rates of interest to meet respective financial obligations. Here is a detailed overview:
| 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 to get Loan Against Property in Mizoram
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.
-
EMI Amount = *
Features and Benefits of Loan Against Property in Mizoram
Below are some of the most important features you need to keep in mind:
-
Instant Disbursal
-
Minimal Documentation
-
Zero Hidden Chargese
-
Flexible EMIs
-
Collateral-free
-
No End Usage Restriction
-
Easy Application
-
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.
Various Types of Loan Against Property in Mizoram
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.
