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Procure raw materials at the right price
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 Oxyzo’s Loan Against Property in Coimbatore – the best option for manufacturers, contractors, and small to medium-sized businesses in need of financial assistance. At Oxyzo, we understand that securing funding for business growth can be a challenge. That’s why we offer Loan Against Property (LAP) to help you unlock the equity in your property and finance your business’s requirements.
About Coimbatore:
Coimbatore is a rapidly developing city in Tamil Nadu, known as the “Manchester of South India” due to its thriving textile and engineering industries. The city has a robust business ecosystem that provides numerous opportunities for manufacturers, contractors, and SMEs to thrive. With the city’s growing economy, entrepreneurs in Coimbatore need access to reliable financing options to capitalize on these opportunities.
Benefits of Oxyzo Loan Against Property:
Up to 150% LTV – With Oxyzo’s Loan Against Property, you can avail up to 150% of your property’s value as the loan amount. This feature provides you with the flexibility to secure more funding for your business requirements.
Quick Disbursal – Oxyzo’s Loan Against Property comes with quick disbursal options, with funds transferred within 24-48 hours of loan approval. This feature ensures that you can meet your business requirements without any delay.
100% Digitized Process – Oxyzo’s Loan Against Property process is 100% digitized, providing you with a hassle-free experience. Our digital platform ensures that you can apply for the loan from the comfort of your home or office, without the need for physical documentation.
LAP Interest Rates:
At Oxyzo, we offer competitive LAP interest rates to ensure that you can access financing at the lowest possible cost. Our interest rates are tailored to meet the needs of manufacturers, contractors, and SMEs in Coimbatore, providing a cost-effective solution to finance your business requirements.
Loan Against Land:
Oxyzo’s Loan Against Property also covers financing for land properties. If you own land and need financing for your business, our LAP options can help you unlock the equity in your land and get the funding you need.
In conclusion, Oxyzo’s Loan Against Property in Coimbatore is an excellent financing option for manufacturers, contractors, and SMEs. With up to 150% LTV, quick disbursal, and a 100% digitized process, you can access funding quickly and efficiently. Contact us today to know more about our LAP interest rates and how we can help you finance your business requirements.
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.
