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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
Oxyzo Loan Against Property in Gulbarga: Quick Disbursal and High LTV
Gulbarga, a city located in the northern part of Karnataka, is known for its historical and cultural significance. The city has a thriving industrial sector, and it is home to several manufacturers, contractors, and SMEs. However, like any other business, these enterprises require capital to expand and grow. In such cases, Loan Against Property (LAP) is an excellent option to meet the financial needs of these businesses.
Oxyzo, a leading non-banking financial company (NBFC), offers LAP in Gulbarga to manufacturers, contractors, and SMEs. The company provides loans against residential, commercial, and industrial properties. The biggest advantage of availing of LAP from Oxyzo is the high Loan-to-Value (LTV) ratio of up to 150%. This means that borrowers can get a loan amount of up to 150% of their property’s market value.
Moreover, Oxyzo’s LAP interest rates are competitive and affordable. The interest rate depends on various factors such as the borrower’s credit score, property type, and loan amount. Oxyzo ensures transparency in the entire loan process, and there are no hidden charges or fees.
The loan disbursal process at Oxyzo is quick and hassle-free, with loans being disbursed within 24-48 hours of approval. The entire loan process is digitized, making it easier for borrowers to apply for a loan from the comfort of their home or office. Oxyzo’s customer service team is always available to assist borrowers with any queries they may have.
Manufacturers, contractors, and SMEs can use LAP for various purposes such as purchasing machinery, working capital requirements, business expansion, and debt consolidation. The loan tenure ranges from 5 to 15 years, giving borrowers ample time to repay the loan amount.
In conclusion, Oxyzo’s LAP in Gulbarga is an excellent financing option for manufacturers, contractors, and SMEs. With high LTV, quick disbursal, competitive interest rates, and a 100% digitized process, Oxyzo ensures that borrowers can meet their financial needs without any hassle.
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.
