Loan Against Property in Bareilly

RBI Registered
RBI Registered NBFC

Check Your Loan Eligibility in Just 2 minutes!

Attractive interest rates
Attractive interest rates
Unsecured upto 5 Crs
Unsecured upto 5 Crs
Approval within 48 hrs
Approval within 48 hrs

How does Loan Against Property Work?

Types of Loan Against Property in 2024

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

Loan Against Property Eligibility & 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 of banking
Financials for previous
Financials for previous 2 fiscal years
for current fiscal year
GSTR details for current fiscal year

Loan against Property Interest Rates

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 a Loan Against Property

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

Oxyzo Loan against Property in Bareilly: Unlock the Potential of Your Assets

If you’re a manufacturer, contractor, or SME looking for financing options, you might be considering taking out a loan against your property. With Oxyzo Loan against Property in Bareilly, you can access up to 150% loan to value (LTV) with quick disbursal and a fully digitized process. But before we delve into the benefits of Oxyzo’s loan against property, let’s first take a closer look at Bareilly.

About Bareilly

Bareilly is a city in the northern Indian state of Uttar Pradesh, situated on the banks of the Ramganga River. It’s a bustling commercial hub, home to many industries including textiles, handicrafts, and agro-based products. With a growing population and a thriving economy, Bareilly is an attractive destination for businesses of all sizes.

Benefits of Oxyzo Loan against Property in Bareilly

If you’re a manufacturer, contractor, or SME operating in Bareilly, Oxyzo’s loan against property can help you unlock the potential of your assets. Here are some of the benefits of choosing Oxyzo:

Up to 150% LTV: With Oxyzo’s loan against property, you can access up to 150% of the value of your property. This means you can get more financing with the same collateral, giving you the flexibility to meet your business needs.

Quick disbursal: Oxyzo understands that time is of the essence when it comes to business financing. That’s why they offer quick disbursals within 24-48 hours, so you can get the funds you need when you need them.

100% digitized process: Oxyzo’s loan against property is fully digitized, making the process faster and more convenient. You can apply online, submit your documents electronically, and track your application status in real time.

Competitive lap interest rates: Oxyzo offers competitive interest rates on their loan against property, so you can save on interest expenses and improve your cash flow.

Loan against land: Oxyzo also offers loan against land, so you can access financing even if you don’t have a property with a built-up structure. This can be particularly useful for agricultural or undeveloped landowners who need financing for their businesses.

Conclusion

Oxyzo Loan against Property in Bareilly offers a convenient, flexible, and competitive financing option for manufacturers, contractors, and SMEs. With up to 150% LTV, quick disbursal, 100% digitized process, and competitive lap interest rates, you can unlock the potential of your assets and take your business to the next level. Contact Oxyzo today to learn more about their loan against property and how it can benefit your business.

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.
Can one apply for a loan against property that is jointly owned ?
Yes, you can surely apply for a loan against jointly against an owned property, and in such situations, all co-owners either become joint applicants or the separate share of the applicant is valued to decide the loan amount.
What is a safe credit score limit to secure loans against property ?
It will vary from one lender to another & based on the credit authority they are using, but it is safe to maintain a credit score above 700. The higher your credit score, more are the chances for you to secure the loan.
Can startups and small businesses secure loans against property ?
Yes. They can. There are specific types of loans against property specially tailored for startups and SMEs to help them grow and compete with legacy players.
How long does it take for loans against property to be approved ?
This varies from lender to lender, but platforms like Oxyzo that use a digitalised process instantly approve your loan and disburse the funds. Delays can be due to the evaluation of the property and due diligence.
How is the loan amount determined ?
The loan amount is usually determined based on the valuation of the property, income-to-debt ratio and credit score.
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