Loan Against Property in Karnataka

Karnataka is a state located in southern India and is known for its rich cultural heritage, diverse geography, and booming economy. The state is home to several industries, including IT, manufacturing, agriculture, and tourism. If you are a manufacturer, contractor, or SME in Karnataka, you might require funds to expand your business, purchase new machinery, or even consolidate your existing debts. This is where Oxyzo’s Loan Against Property (LAP) comes into play.

Oxyzo’s LAP is a loan product that provides funds to eligible individuals against their property. This loan is specifically designed for manufacturers, contractors, and SMEs who own a property and are in need of funds for their business. The loan amount is determined by the value of the property and can range up to 150% of the property’s market value. With Oxyzo’s LAP, you can unlock the potential of your property and get the funds you need to take your business to the next level.

One of the key benefits of Oxyzo’s LAP is the quick disbursal of funds. The loan is 100% digitized, which means you can apply for the loan online, submit the necessary documents, and receive the funds within 24-48 hours. This is particularly helpful if you require funds urgently to complete a project or take advantage of a business opportunity.

Another advantage of Oxyzo’s LAP is the competitive interest rates. The interest rates for LAP are typically lower than other forms of unsecured loans, making it an affordable financing option for manufacturers, contractors, and SMEs. With Oxyzo’s LAP, you can enjoy attractive interest rates and flexible repayment options that are tailored to your business needs.

In addition to these benefits, Oxyzo’s LAP is also a secured loan. This means that you can use your property as collateral for the loan and get access to higher loan amounts at lower interest rates. The loan against land is particularly useful for those who own land but don’t have sufficient funds to finance their business operations. With Oxyzo’s LAP, you can leverage your property’s value and get the funds you need to grow your business.

To sum up, Oxyzo’s LAP is a financing option that provides manufacturers, contractors, and SMEs in Karnataka with the funds they need to take their business to the next level. With up to 150% LTV, quick disbursal, and competitive interest rates, Oxyzo’s LAP is an affordable and convenient way to finance your business operations. So, if you are a business owner in Karnataka and require funds for your business, consider Oxyzo’s LAP and unlock the potential of your property.