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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
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.
