Business Loan in Haryana

RBI Registered

RBI Registered NBFC

Download our App!
+91

Available on

Download AppDownload App
Download App

How does Business Loan Work?

Business Loan Benefits

Collateral-free

Collateral-free

Unsecured business loans do not require land, property, bank guarantee or any other business collateral

Low cost credit

Low cost credit

The interest rate charged on a business loan is relatively lower than that of loan

100% digitized process

100% digitized process

The online business loan process is fast and hassle-free

Flexible repayment options

Flexible repayment options

A business loan can be repaid with flexible EMI options

Instant disbursement

Instant disbursement

Get loan disbursement within 24-48 hours of the amount being sanctioned

Business Loan 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

Business Loan Interest Rates, Fees & Charges

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
Our New App is Live!
Fuel Your Business Dreams with OXYZO
+91
Scan to get App
title
title
title

Enhanced Security Features

title

Hassle-free Loan Applications

title

Simplified Documentation Process

title

Get Disbursals on the Fly

title

Ledger on Your Fingertips

title

Enhanced Security Features

How to Apply for a Business Loan

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 collateral required

No collateral required

Minimum Paperwork

Minimum Paperwork

Attractive interest rate

Attractive interest rate

Flexible repayment tenure

Flexible repayment tenure

Approval within 48 hours

Approval within 48 hours

Nominal processing-fee

Nominal processing-fee

Easy EMI options

Easy EMI options

Get Working capital with Business Loan

Oxyzo Business Loan in Haryana – Providing Financial Assistance to Your Business Needs

Running a business is no easy feat, especially when it comes to finances. The need for working capital can arise at any given time, and not having enough funds to fulfill those requirements can lead to dire consequences. To help entrepreneurs in Haryana manage their financial needs, Oxyzo Business Loan offers quick and hassle-free loans.

About Haryana

Located in Northern India, Haryana is one of the country’s most rapidly growing states, both economically and industrially. The state has a rich cultural heritage and is famous for its historic sites, scenic landscapes, and local delicacies. Haryana is home to several leading industrial sectors such as automobiles, textiles, and agro-based industries.

Benefits of Oxyzo Business Loan in Haryana

Collateral-Free: Oxyzo Business Loan in Haryana offers collateral-free loans, meaning you don’t have to put up any assets as security to avail of the loan. This makes the process simpler and quicker.

Low-Cost Credit: The interest rates offered by Oxyzo Business Loan are among the lowest in the market, making it an affordable option for small business owners in Haryana.

100% Digitized Process: Applying for a loan has never been easier with Oxyzo Business Loan’s 100% digitized process. You can apply for a loan online, submit the necessary documents, and receive an approval within a matter of hours.

Flexible Repayment Options: We offer flexible repayment options, allowing borrowers to choose the repayment schedule that works best for them. This helps to ensure that the loan repayment process is manageable and hassle-free.

Instant Disbursement: Oxyzo Business Loan in Haryana provides instant disbursement of loans, ensuring that entrepreneurs have access to the required funds without any delay.

Conclusion

Oxyzo Business Loan provides a wide range of benefits to small business owners in Haryana, helping them meet their financial needs and grow their businesses. With a hassle-free and quick loan application process, flexible repayment options, low-interest rates, and instant disbursement of funds, we aim to make the loan application process as smooth and efficient as possible. Apply for a business loan with Oxyzo Business Loan today and take your business to new heights.

Frequently Asked Questions

What is a business loan and for what purpose is it used ?
A business loan is a form of term loan that is specifically used by SMEs for business expansion purposes and to help them grow and scale their business. Monthly payments are fixed over the tenure with a lending agreement.A lending agreement is signed between a lender and a business. The lender provides money to the business. The business repays in an agreed-upon duration of time with an agreed amount of interest. We offer it as a term loan as it can be paid back quickly in EMIs convenient to the SME owners.
Does Oxyzo provide business loan without security only ?
No, Oxyzo offers both unsecured business loans and secured loans for setting up new factories, renovating existing plants and other business expansion activities.
How is the eligibility calculated for a business loan ?
Business loan eligibility depends on the business vintage and turnover. SMEs must have a minimum turnover of 3 crores and a business vintage of atleast 3 years to apply for business loan online.
What are the business loan documents required ?
SMEs are required to apply online for a business loan with the following documents:
  • KYC documents
  • Last 6 months of banking
  • GSTR details for the current financial year
  • Financial statements for the previous 3 financial years.
What is the maximum business loan offered by Oxyzo ?
The business loan limit in Oxyzo depends on the eligibility, your requirement and our comfort. If you meet our basic guidelines and our team has comfort in terms of credit assessment, we offer a decent sanction.
What is a safe credit score limit to secure business loans ?
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 or better your credit score, the more favourable it is for you to secure the loan.
Can startups and small businesses secure business loans ?
Yes. They can. There are specific types of business loans specially tailored for startups and SMEs to help them grow and compete with legacy players.
How long does it take for business loans 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.
What are the consequences of default repayment ?
It is highly inadvisable to do so as it can affect your credit score drastically, preventing you from securing future loans.
What happens when a business loan is prepaid ?
You can pay your loan back before the repayment schedule, but a nominal prepayment charge will be imposed on you.
HomeProducts By LocationsBusiness Loan in Haryana

Ask Queries, learn about products and much more

WhatsApp Us