Loan Against Property in Karnataka

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RBI Registered NBFC

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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 of banking
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

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.

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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