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Secured Business Finance


Check your Secured Business Finance Eligibility

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  What is your rental income(monthly)?

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  What is your annual receipt?

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  What is your rental income(monthly)?

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Secured Business Finance is a type of business funding instrument secured by pledging valuable asset as collateral to Self Employed Professional, Self Employed Non Professional/ Businessman .
At BizzCap Advisors we help you to get the Secured Business Finance through Term Loan Against Residential, Commercial or Industrial Property, LAP- OD,Term Loan for Commercial Purchase, Lease Rental Discounting againt the Rent Recivable for a specified time period.
The prupose of the loan is mainly for Business Expansion, Purchase Of Raw Material, Purchase Of Equipments, Payments to Supplier.

  • Loan Amount:- Min 10 Lacs- 20 Cr.
  • Tenure:- Upto 15 Years
  • Property Cosidered:- Residential, Commercial, Industrial & Plot
  • ROI: From 9.50% - 18%
  • Processing Fee: 1%
  • Pre Payment Charges:- NIL

• Age limit 18 - 70 years for Loan Against Property. However, some banks Have different age limits for salaried, self-employed and self-employed professionals.
• Residential property, commercial property and industrial property are the most eligible securities for loan against property.
• Maximum loan tenure up to 18 years, overdraft available.
• One of variants of business & personal loans & (in the last) rate of interest in Loan Against Property typically remains just half of unsecured loans & tenure can go up to 15 years.

The best way to apply for a Loan Against Property is to go through the packages offered by us for the same. You can also check out the guidelines of the Eligibility Section.
Loan against Property can be availed against residential and commercial property.
You can avail an amount starting from Rs 2 lakh to Rs 500 lakh depending on the value of the property. However, the banks generally consider the following factors before providing approval:
  • Market Value of the Property
  • Registration of the Property
  • Income and Repayment Capacity of the Individuals
There is a non-refundable fee that is required to be paid for applying for LAP. It is approx 1% of the total Loan Amount along with Service Tax.
The bank takes 4 – 5 days to disburse the loan; once the documentation process is complete and the eligibility is established.
Yes, if you are a salaried person then banks offer LAP to NRI customers.
If the person is the Co-Owner of the property then he/she will also apply as the Co-Applicant. So it is not necessary to have a co-applicant.
Yes, all the banks have the provision of the part- prepayment at the nearest branch locations. Once the pre payment is done then you can either reduce the EMI cost or reschedule the tenure of the EMI so that the loan can be repaid within time.
You can easily track your LAP status in the following ways:
  • Call the Bank on the Toll-Free Number
  • Mail on the registered mail id of the branch
  • Visit the bank branch personally
Here are the three ways through which you can make the payment:
  • Standing Instruction
  • Electronic Service Clearing
  • Post Dated Cheques
Banks Name Interest rate Processing fees
Andhra Bank One year MCLR+2.05%+0.25% Processing charges @300/lakh + S.tax (Minimum:Rs.1000/- and Maximum:25000 plus Tax)
Bank Of Baroda One year MCLR plus Strategic Premium Minimum: Rs. 7,500/-  to Maximum: Rs.1,50,000/-
Canara Bank One Year MCLR + 3.00% 1% of loan amount with a minimum of Rs.5000/- and maximum of Rs. 50,000/-.
South Indian Bank One year MCLR+2.00% Upto 1 % + GST
PNB Housing Finance 10.50% Upto 1 % + GST
Citi Bank 9.50% Upto 1 % + GST
DCB Bank Ltd 10.00% - 12.75% Upto 1 % + GST
ICICI LAP 10.00 % to 12.00 % Upto 1 % + GST
Axis Bank Ltd 11%-12.10% Upto 1 % + GST
Edelweiss Finance Ltd. 11.50 % - 12.75% Upto 1 % + GST
Essel Finance 9.00 % - 10.00% Upto 1 % + GST
Fedbank Financial Services Ltd. 9.50% Upto 1 % + GST
Fullerton India Credit Co. Ltd 10.00 % - 12.75% Upto 1 % + GST
HDB Financial Services Ltd. 10.00 % - 12.75% Upto 1 % + GST
IDFC Bank Ltd 8.75 % to 10.75 % Upto 1 % + GST
RBL Bank Limited 10.50 % to 12.75 % Upto 1 % + GST
L & T Finance Ltd 10.75 % to 12.50 % Upto 1 % + GST
India bulls 09.00 % to 11.75% Upto 1 % + GST
Deutsche Bank 9.00 % to 10.00% 0.75 % + GST
DCB Bank 10.00 % to 12.75% Upto 1 % + GST
Cholamandalam 10.00 % to 12.75% Upto 1 % + GST
Capri Global 12.00 % to 13.75% Upto 1 % + GST
Bhandhan Bank 12.00%-16.00% Upto 1 % + GST
Reliance Capital 11.00 % to 12.75% Upto 1 % + GST
Shriram Housing 12.00 % to 18.00 % Upto 1 % + GST
Aadhaar Housing 13.00% to 15.00 % Upto 1 % + GST
Capital First 13.00% to 18.00 % Upto 1.5 % + GST
Aditya Birla Home Finance 10.00% to 12.00 % Upto 1 % + GST
Magma Housing 12.00% to 15.00% Upto 2 % + GST
Yes Bank 10 % to 11 % Upto 1 % + GST