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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
Rajasthan is a vibrant state in northern India known for its rich history, diverse culture, and stunning architecture. The state is home to many manufacturers, contractors, and small and medium enterprises (SMEs) that require financial assistance to grow their businesses. Oxyzo’s loan against property is a great option for these businesses looking to secure funds quickly and easily.
Loan against property, also known as LAP, is a type of secured loan where a borrower can pledge their property as collateral to secure the loan. Oxyzo offers loan against land and property in Rajasthan with a maximum loan-to-value (LTV) ratio of up to 150%. This means that the borrower can get a loan amount of up to 150% of the property’s value.
One of the main advantages of Oxyzo’s loan against property in Rajasthan is the quick disbursal of funds. Oxyzo understands the urgency of financial assistance for businesses and therefore disburses the loan amount within 24-48 hours of loan approval. This feature makes Oxyzo’s loan against property an ideal choice for businesses looking for fast access to funds.
Another benefit of choosing Oxyzo for a loan against property is the 100% digitized process. This means that the entire loan process, from application to disbursal, is done online. The borrower can easily apply for the loan online, upload the required documents, and track the loan status through a user-friendly interface. This feature eliminates the need for physical documentation, making the loan process hassle-free.
The interest rates on loan against property vary depending on the lender and the borrower’s creditworthiness. Oxyzo offers competitive LAP interest rates, making it an affordable option for businesses looking for financial assistance. The interest rate charged by Oxyzo is based on various factors such as the loan amount, LTV ratio, and the borrower’s credit score.
In conclusion, Oxyzo’s loan against property is an ideal option for manufacturers, contractors, and SMEs looking for financial assistance in Rajasthan. With quick disbursal, a 100% digitized process, and competitive LAP interest rates, Oxyzo’s loan against property provides a hassle-free way for businesses to secure funds and grow their operations.
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.
