Loan Against Property in Asansol

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How does LAP Work?

Avail LAP in Two Types

Term loan against propertyTerm loan against property

Benefits
Up to 150% LTV
Up to 150% LTV

Unlock the potential of your properties with the best LTV in the market

Quick disbursal
Quick disbursal

With a 100% digitized process, get loan disbursement within 24-48 hours

Seamless property evaluation
Seamless property evaluation

With easy and seamless property evaluation process, get a fair and faster sanction

Purchase Finance against propertyPurchase Finance against property

Benefits
Up to 150% LTV
Up to 150% LTV

Unlock the potential of your properties with the best LTV in the market

Quick disbursal
Quick disbursal

With a 100% digitized process, get loan disbursement within 24-48 hours

Interest as per usage
Interest as per usage

The interest would be charged only for the exact amount and duration of use

Eligibility & Required Documents

Apply with minimal documentation

Eligibility

Minimum turnover
Minimum turnover ₹3 crores
Business vintage
Business vintage 3+ years

Required Documents

details
KYC details
Last
Last 6 months of banking
Financials for previous
Financials for previous 2 fiscal years
for current fiscal year
GSTR details for current fiscal year
Property document
Property document

Our Terms

Interest Rates
Starts from 12% per annum
Processing Fees
Starts from 1% per annum
Penal Interest
Starts from 2% per month + Applicable Tax
EMI & Check Bounce Charges
500 + Applicable Tax
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Enhanced Security Features

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Hassle-free Loan Applications

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Simplified Documentation Process

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Get Disbursals on the Fly

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Ledger on Your Fingertips

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Enhanced Security Features

How to Apply for Credit

Step-by-step online process to apply
for Financing

1

Check Eligibility

Check your loan eligibility

2

Submit Application

Complete a 100% online application form

3

Get Sanctioned

We will evaluate your application and propose a fair sanction

4

Receive Funds

Get disbursements within 2 days of sanction

Why Oxyzo?

Oxyzo provides new-age customized financing
products for your business needs

No foreclosure charges

No foreclosure charges

Minimum processing-fee

Minimum processing-fee

Easy Repayment tenure

Easy Repayment tenure

Flexible repayment tenure

Flexible repayment tenure

No minimum utilization charges

No minimum utilization charges

Approval within 48 hours

Approval within 48 hours

Digitized process

Digitized process

Affordable Interest Rates

Affordable Interest Rates

Get Working capital with Loan against property

Asansol is a rapidly developing city in the state of West Bengal, and it is home to a wide range of businesses, including manufacturers, contractors, and SMEs. If you are a business owner in Asansol looking to expand your operations or fund a new project, Oxyzo’s loan against property could be the perfect solution for you.

Oxyzo offers loan against property for manufacturers, contractors, and SMEs in Asansol with up to 150% LTV and competitive interest rates. With this type of loan, you can pledge your commercial or residential property as collateral and get a loan amount based on its market value.

One of the key benefits of Oxyzo’s loan against property is its quick disbursal process. If you meet the eligibility criteria, you could get the funds within 24-48 hours of applying. This speedy process ensures that you can fund your business needs without any delays.

Moreover, Oxyzo’s loan against property application process is 100% digitized, which means you can apply for the loan from the comfort of your home or office. The online process is simple, fast, and hassle-free. You can easily upload your documents, check your eligibility, and get a loan quote without having to visit a branch.

If you are worried about the loan against property interest rates, rest assured that Oxyzo offers competitive rates that are tailored to meet the needs of businesses in Asansol. The lap interest rate is calculated based on factors such as your property’s market value, income, and credit score.

In conclusion, Oxyzo’s loan against property is an excellent option for manufacturers, contractors, and SMEs in Asansol who need quick and hassle-free funding. With competitive interest rates, up to 150% LTV, and a 100% digitized process, Oxyzo makes it easy for you to get the funds you need to grow your business. Apply for a loan against the land with Oxyzo today and take your business to the next level.

Frequently Asked Questions

What is the required loan against property eligibility ?
The LAP eligibility for a business entity is :
  • Minimum turnover 3 crores
  • Business vintage 3 years +
Does Oxyzo provide a loan against land property ?
Yes
What are the documents required for a loan against property ?
SMEs are required to apply online for LAP with the following documents:
  • KYC
  • Last 6 months of banking
  • GSTR details for the current financial year
  • Financial statements for the previous 3 financial years
  • Property document
What types of properties are accepted by Oxyzo to provide Loan Against Property (LAP) ?
We accept residential, commercial, or industrial property for LAP.
Why should you consider a LAP ?
A loan against property (LAP) gets you a higher loan sanction at a low cost.

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