Loan Against Property in Tamil Nadu

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How does LAP Work?

Avail LAP in Two Types

Term loan against propertyTerm loan against property

Benefits
Up to 150% LTV
Up to 150% LTV

Unlock the potential of your properties with the best LTV in the market

Quick disbursal
Quick disbursal

With a 100% digitized process, get loan disbursement within 24-48 hours

Seamless property evaluation
Seamless property evaluation

With easy and seamless property evaluation process, get a fair and faster sanction

Purchase Finance against propertyPurchase Finance against property

Benefits
Up to 150% LTV
Up to 150% LTV

Unlock the potential of your properties with the best LTV in the market

Quick disbursal
Quick disbursal

With a 100% digitized process, get loan disbursement within 24-48 hours

Interest as per usage
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
Minimum turnover ₹3 crores
Business vintage
Business vintage 3+ years

Required Documents

details
KYC details
Last
Last 6 months
Financials for previous
Financials for previous 2 fiscal years
for current fiscal year
GSTR details for current fiscal year
Property document
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
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Enhanced Security Features

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Hassle-free Loan Applications

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Simplified Documentation Process

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Get Disbursals on the Fly

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Ledger on Your Fingertips

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Enhanced Security Features

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

No foreclosure charges

Minimum processing-fee

Minimum processing-fee

Easy Repayment tenure

Easy Repayment tenure

Flexible repayment tenure

Flexible repayment tenure

No minimum utilization charges

No minimum utilization charges

Approval within 48 hours

Approval within 48 hours

Digitized process

Digitized process

Affordable Interest Rates

Affordable Interest Rates

Get Working capital with Loan against property

Welcome to Tamil Nadu, a state known for its rich culture, tradition, and diverse economic activities. Tamil Nadu is home to a vibrant manufacturing and contracting industry, which has played a crucial role in the state’s economic growth. If you are a manufacturer, contractor, or a Small and Medium-sized Enterprise (SME) in Tamil Nadu and are in need of funds, Oxyzo’s Loan Against Property can be your solution.

Oxyzo’s Loan Against Property is a hassle-free, easy-to-avail loan that allows you to unlock the value of your property and get access to quick funds. With Oxyzo’s Loan Against Property, you can avail up to 150% Loan to Value (LTV) of your property value at competitive LAP interest rates, making it a perfect solution for your financial needs.

One of the significant benefits of Oxyzo’s Loan Against Property is its quick disbursal process. You can get the loan amount credited to your account within 24-48 hours, ensuring that you do not have to wait long to get the necessary funds for your business. This can be a huge advantage, especially when you have an urgent requirement for funds.

Oxyzo’s Loan Against Property is a fully digitized process that ensures that the application, documentation, and disbursement of funds happen in a seamless, hassle-free manner. You can complete the entire process online, without having to visit any branch physically. This makes it an easy and convenient option for manufacturers, contractors, and SMEs who are short on time.

If you are a manufacturer, contractor, or SME looking for a loan against land, Oxyzo’s Loan Against Property can be an ideal solution. The LAP interest rates are competitive, ensuring that you get the best deal. Additionally, you can avail of a higher loan amount, thanks to the 150% LTV offered by Oxyzo.

In conclusion, if you are looking for a quick, hassle-free, and convenient way to get funds for your business, Oxyzo’s Loan Against Property is an excellent option. With competitive LAP interest rates, quick disbursal, and a fully digitized process, Oxyzo’s Loan Against Property is an ideal solution for manufacturers, contractors, and SMEs in Tamil Nadu. So, why wait? Apply for Oxyzo’s Loan Against Property today and take your business to new heights!

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.
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