Loan Against Property in Chandigarh

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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

Oxyzo Loan against property is now available in Chandigarh for manufacturers, contractors, and SMEs. The city of Chandigarh is known for its planned architecture, serene environment, and booming industrial sector. It is home to many small and medium-sized businesses that need financial assistance to grow and expand. That’s where Oxyzo comes in with its loan against the property facility.

A loan against property is a type of secured loan where borrowers can pledge their property as collateral to obtain funds. The loan can be used for various purposes such as business expansion, debt consolidation, and working capital requirements. Oxyzo offers loan against land or property with a maximum LTV of up to 150%. This means that borrowers can get a loan amount of up to 150% of their property’s market value.

One of the main benefits of Oxyzo’s loan against property in Chandigarh is the quick disbursal process. The company promises to disburse the loan amount within 24-48 hours, making it an ideal choice for businesses that need immediate financial assistance. The entire process is 100% digitized, which means borrowers can apply for the loan online and complete the documentation process digitally.

The interest rates for Oxyzo’s loan against property in Chandigarh are competitive and affordable. The lap interest rate is determined based on various factors such as the borrower’s credit score, income, property value, and loan amount. Oxyzo offers customized interest rates that cater to the specific needs of each borrower. The loan repayment tenure ranges from 1 to 15 years, giving borrowers enough time to repay the loan without any hassle.

Manufacturers, contractors, and SMEs can benefit greatly from Oxyzo’s loan against property in Chandigarh. The loan can be used to purchase new machinery, expand the business, hire more employees, and meet working capital requirements. With Oxyzo’s quick disbursal process and competitive interest rates, borrowers can focus on growing their businesses without worrying about financial constraints.

In conclusion, Oxyzo’s loan against property in Chandigarh is a great financial product for manufacturers, contractors, and SMEs. The city’s booming industrial sector and planned architecture make it an ideal location for businesses to grow and expand. With Oxyzo’s competitive interest rates, quick disbursal process, and 100% digitized process, borrowers can get the funds they need to take their 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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