Machinery Finance in Aurangabad

RBI Registered

RBI Registered NBFC

Download our App!
+91

Available on

Download AppDownload App
Download App

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
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 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 destination for all your machinery financing needs in Aurangabad. Our aim is to provide easy, hassle-free financing solutions to businesses that require machinery to operate and grow.

About Aurangabad:
Located in the heart of Maharashtra, Aurangabad is a city known for its rich history and culture. It is home to some of the most iconic monuments like Ajanta and Ellora caves and attracts tourists from all over the world. The city is also an important industrial hub, with a thriving manufacturing sector that contributes significantly to the state’s economy.

Benefits of Better Profitability:
At Oxyzo Machinery Finance, we understand the importance of having modern and efficient machinery to enhance productivity and profitability. Our machinery financing solutions enable businesses to acquire state-of-the-art equipment that can increase efficiency and reduce costs, ultimately resulting in better profitability.

Instant Disbursement:
We understand that time is of the essence when it comes to running a successful business. That’s why we offer instant disbursement of funds to ensure that businesses can acquire the machinery they need without any delay. Our streamlined approval process ensures that funds are disbursed quickly and efficiently.

100% Digitized Process:
At Oxyzo Machinery Finance, we believe in using technology to make things simpler and more convenient for our customers. Our entire financing process is 100% digitized, from application to disbursement of funds. This means that our customers can apply for financing from anywhere, at any time, and track the progress of their application in real time.

Flexible Repayment Options:
We understand that every business has unique financial requirements, and that’s why we offer flexible repayment options to our customers. Our repayment plans are customized to suit the specific needs of each business, ensuring that they can repay the loan without any financial strain.

In conclusion, at Oxyzo Machinery Finance, we strive to provide easy, hassle-free machinery financing solutions to businesses in Aurangabad. Our solutions are designed to help businesses enhance their productivity and profitability, with instant disbursement, a 100% digitized process, and flexible repayment options. Get in touch with us today to learn more about how we can help your business grow.

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.

Ask Queries, learn about products and much more

WhatsApp Us