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How does LAP Work?
Avail LAP in Two Types
Term loan against property
Up to 150% LTV
Unlock the potential of your properties with the best LTV in the market
Quick disbursal
With a 100% digitized process, get loan disbursement within 24-48 hours
Seamless property evaluation
With easy and seamless property evaluation process, get a fair and faster sanction
Purchase Finance against property
Up to 150% LTV
Unlock the potential of your properties with the best LTV in the market
Quick disbursal
With a 100% digitized process, get loan disbursement within 24-48 hours
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 ₹3 crores
Business vintage 3+ years
Required Documents
KYC details
Last 6 months
Financials for previous 2 fiscal years
GSTR details for current fiscal year
Property document
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
Minimum processing-fee
Easy Repayment tenure
Flexible repayment tenure
No minimum utilization charges
Approval within 48 hours
Digitized process
Affordable Interest Rates
Get Working capital with Loan against property
Welcome to Bihar – the land of rich culture and heritage! Located in the eastern part of India, Bihar is known for its historical significance and natural beauty. The state is home to numerous manufacturing industries, contractors, and small and medium-sized enterprises (SMEs) that are driving its economic growth.
However, like any other business, Manufacturers, Contractors & SMEs in Bihar may require funds for various purposes such as expanding their operations, purchasing new machinery or equipment, or meeting working capital requirements. In such scenarios, Loan Against Property (LAP) can be a perfect solution.
Oxyzo is one of the leading lenders providing Loan Against Property in Bihar. With Up to 150% Loan-To-Value (LTV) ratio and quick disbursal within 24-48 hours, Oxyzo’s Loan Against Property can help Manufacturers, Contractors & SMEs in Bihar to meet their financial needs.
LAP interest rates are one of the most crucial factors that businesses consider while applying for loans. Oxyzo offers competitive LAP interest rates, ensuring that businesses get access to funds at affordable rates. Additionally, the 100% digitized process of applying for LAP makes it hassle-free and convenient for businesses in Bihar.
Manufacturers, Contractors & SMEs can leverage their property assets to get access to funds through Oxyzo’s Loan Against Land. The loan amount can be used for various purposes, such as business expansion, working capital, purchasing new machinery or equipment, or any other business-related requirements.
Oxyzo’s Loan Against Property in Bihar is exclusively designed for Manufacturers, Contractors & SMEs, providing them with a customized solution to meet their unique financial needs. The loan offers several benefits, such as flexible repayment options, longer loan tenure, and low EMIs, making it easier for businesses to manage their finances.
In conclusion, Oxyzo’s Loan Against Property is a perfect solution for Manufacturers, Contractors & SMEs in Bihar who are looking for affordable and convenient funding options. With quick disbursal, competitive LAP interest rates, and a 100% digitized process, Oxyzo makes the loan application process hassle-free and convenient for businesses in Bihar.
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.
