Purchase
Finance
Procure raw materials at the right price
Loan Against Property in Chennai
RBI Registered
Download our App!
+91
Available on
How does LAP Work?
Avail LAP in Two Types
Term loan against property
Benefits
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
Benefits
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
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
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
Oxyzo Loan Against Property in Chennai: Avail Funds with Quick Disbursal and 100% Digitized Process
Chennai is a bustling metropolitan city, famous for its rich culture, history, and automobile industry. With a growing economy and increasing opportunities, the city has become a hub for businesses and industries of all kinds. However, running a business in Chennai can come with its own set of challenges. One of the most common challenges is the need for funds to support business operations or expand business infrastructure.
This is where Oxyzo’s Loan Against Property (LAP) comes in handy for manufacturers, contractors, and SMEs in Chennai. Oxyzo’s LAP is a type of secured loan where borrowers can pledge their property as collateral and avail funds for various business purposes. The best part about Oxyzo’s LAP is that the loan amount can be up to 150% of the property’s value, making it an attractive option for those looking for substantial funding.
Apart from the high loan amount, Oxyzo’s LAP also offers competitive interest rates that are tailored to suit the needs of manufacturers, contractors, and SMEs. With flexible repayment options, borrowers can choose to pay back the loan over a period of up to 15 years, depending on their repayment capacity.
Another benefit of Oxyzo’s LAP is the quick disbursal of funds. Once the loan is approved, borrowers can expect to receive the funds within 24-48 hours, enabling them to use the funds for their business needs without any delay. This makes Oxyzo’s LAP an ideal option for those looking for quick and hassle-free access to funds.
Additionally, Oxyzo’s LAP has a 100% digitized process, making it easy for borrowers to apply for loan online. The entire process, from application to disbursal, is completely online, eliminating the need for physical documentation and visits to the lender’s office. This not only saves time but also reduces the paperwork involved, making it a convenient and efficient process for borrowers.
In conclusion, Oxyzo’s Loan Against Property in Chennai is an attractive option for manufacturers, contractors, and SMEs looking for substantial funding with competitive interest rates and quick disbursal. With a 100% digitized process, borrowers can apply for the loan online and receive the funds within 24-48 hours, making it a hassle-free option for those in need of quick and efficient funding.
