Machinery Finance in Amritsar

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RBI Registered NBFC

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How does Machinery Finance Work?

Machinery Finance Benefits

Better Profitability

Better Profitability

Businesses can increase their production capacity and book higher profits

Instant disbursement

Instant disbursement

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

100% digitized process

100% digitized process

The online machinery loan process is fast and hassle-free

Flexible repayment options

Flexible repayment options

A machinery loan can be repaid with flexible EMI options

Low-cost credit

Low-cost credit

Machinery loan interest rates are relatively lower than other financing products

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

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

Quick hypothecation

Quick hypothecation

Low interest rate

Low interest rate

Higher LTV

Higher LTV

Easy EMI options

Easy EMI options

Approval within 48 hours

Approval within 48 hours

Nominal processing fee

Nominal processing fee

Flexible repayment tenure

Flexible repayment tenure

Get Working capital with Machinery Finance

Welcome to Oxyzo Machinery Finance, your one-stop solution for financing your machinery needs in Amritsar. We understand the challenges businesses face in Amritsar when it comes to machinery finance, and we’re here to help you overcome them. With Oxyzo Machinery Finance, you can get the machinery you need to grow your business while enjoying better profitability, instant disbursement, a 100% digitized process, and flexible repayment options.

Amritsar is a city rich in culture, history, and business opportunities. As the second-largest city in Punjab, Amritsar has been a hub of trade and commerce for centuries. Today, the city is home to a vibrant industrial sector, with businesses ranging from small-scale industries to large corporations. If you’re looking to grow your business in Amritsar, you need the right machinery to support your operations.

With Oxyzo Machinery Finance, you can get the machinery you need without having to worry about the upfront costs. We offer financing solutions for a wide range of machinery, including agricultural machinery, construction equipment, medical equipment, and more. Our financing options are designed to meet your specific needs and budget, so you can get the machinery you need without breaking the bank.

One of the biggest benefits of choosing Oxyzo Machinery Finance is better profitability. When you have access to the right machinery, you can improve your productivity and efficiency, which leads to higher profits. With our financing solutions, you can get the machinery you need to take your business to the next level.

We also offer instant disbursement, which means you can get the funds you need to purchase your machinery quickly. We understand that time is of the essence when it comes to business, and we don’t want you to miss out on any opportunities because of a lack of funds. That’s why we’ve made our disbursement process quick and easy.

At Oxyzo Machinery Finance, we believe in keeping things simple and straightforward. That’s why we’ve digitized our entire process, so you can apply for financing online, without having to visit our offices. Our 100% digitized process makes it easy for you to apply for financing from the comfort of your home or office, and we’ll keep you updated every step of the way.

We understand that every business has different needs and requirements, which is why we offer flexible repayment options. You can choose a repayment plan that suits your business needs, and we’ll work with you to ensure that you’re comfortable with the repayment terms.

In conclusion, Oxyzo Machinery Finance is your partner in growth, providing you with the machinery finance solutions you need to take your business to the next level. With better profitability, instant disbursement, a 100% digitized process, and flexible repayment options, we’re the perfect partner for your machinery finance needs in Amritsar. Contact us today to learn more about our financing solutions.

Frequently Asked Questions

Is machinery finance similar to a term loan ?
Yes, a machinery loan is a capex term loan that helps in bringing higher productivity in business operations with the use of modern day manufacturing and assembly machines.
Does Oxyzo provide machinery loan without security ?
Yes
For which type of assets does Oxyzo offer machinery finance ?
Oxyzo offers machinery finance against fixed assets like plant and machinery.
How is the LTV determined for a machinery loan ?
It depends on the type of asset. For new or standard assets, LTV is higher as compared to refurbished or non-standard assets.
What is the maximum sanction amount offered by Oxyzo for machinery finance ?
It 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.

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