Machinery Finance in Bareilly

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 reliable partner in fulfilling your financial needs to boost your business growth. We offer customized machinery finance solutions to help businesses in Bareilly and the surrounding regions to achieve better profitability, expand their operations, and enhance their overall productivity.

About Bareilly:

Bareilly is a city located in the northern state of Uttar Pradesh, India. It is a rapidly growing city that is home to several small and medium-scale industries. Agriculture, agro-based industries, and textiles are some of the major contributors to the city’s economy. Bareilly is also known for its rich cultural heritage, beautiful temples, and historical monuments.

Benefits of Choosing Oxyzo Machinery Finance:

Better Profitability:
At Oxyzo Machinery Finance, we understand the importance of profitability in a business. That’s why we offer machinery finance solutions at competitive interest rates that allow you to purchase or upgrade machinery, leading to better productivity and increased profitability.

Instant Disbursement:
We understand that time is of the essence when it comes to business operations. Therefore, we offer instant disbursement of funds to ensure that your business runs smoothly without any delays.

100% Digitized Process:
At Oxyzo Machinery Finance, we have digitized the entire loan application and disbursal process. This means that you can apply for a machinery loan online from the comfort of your home or office, and get the loan amount disbursed directly into your account, without the need for any physical documentation.

Flexible Repayment Options:
We understand that each business has unique financial needs. That’s why we offer flexible repayment options that cater to your business’s cash flow. You can choose from different repayment plans that suit your business requirements, ranging from monthly, quarterly, half-yearly, or annual payments.

Conclusion:

Oxyzo Machinery Finance is committed to providing easy and hassle-free machinery finance solutions to businesses in Bareilly and beyond. Our loan products are designed to help you upgrade your machinery, expand your operations, and increase profitability. With our instant disbursement, 100% digitized process, and flexible repayment options, you can be assured of a smooth and stress-free experience. Contact us today to learn more about our customized machinery finance 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.

Ask Queries, learn about products and much more

WhatsApp Us