Chat with UsPurchase
Finance
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
Madhya Pradesh, located in the heart of India, is a state known for its rich cultural heritage, magnificent temples, and scenic beauty. It is also home to a thriving business community, with manufacturers, contractors, and SMEs playing a crucial role in the state’s economy. To support the growth of these businesses, Oxyzo is offering a loan against property (LAP) in Madhya Pradesh, providing quick disbursal and up to 150% LTV.
A LAP is a secured loan that uses a borrower’s property as collateral. This type of loan is ideal for manufacturers, contractors, and SMEs looking to fund their business expansion, inventory purchases, or capital investments. Oxyzo’s LAP interest rates are competitive, making it a cost-effective financing option for businesses looking to access funds.
One of the key benefits of Oxyzo’s LAP is the quick disbursal time, which is within 24-48 hours. This means that businesses can receive the funds they need to grow and expand their operations in a short period, providing much-needed financial support when it is needed the most.
In addition, the LAP process with Oxyzo is 100% digitized, making it convenient and hassle-free for businesses to apply for and manage their loans. The digitized process includes an online application, document upload, and e-verification, eliminating the need for physical paperwork and reducing processing time.
With Oxyzo’s LAP in Madhya Pradesh, manufacturers, contractors, and SMEs can access up to 150% LTV, providing them with the financial resources they need to invest in their businesses. This high LTV ratio means that businesses can borrow a larger amount of money than they would with other types of loans, which can be a significant advantage when it comes to expanding operations or making capital investments.
In conclusion, Oxyzo’s loan against property in Madhya Pradesh is an excellent financing option for manufacturers, contractors, and SMEs looking to access funds for business growth and expansion. With competitive LAP interest rates, quick disbursals, and a 100% digitized process, businesses can enjoy a hassle-free and cost-effective financing experience.
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.
