Machinery Finance in Bhubaneswar

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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

Machinery Finance 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

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 a Machinery Finance

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 trusted financial partner for all your machinery financing needs in Bhubaneswar. Our mission is to empower businesses by providing them with the necessary financial support to upgrade and grow their operations.

About Bhubaneswar
Bhubaneswar, the capital city of Odisha, is a rapidly growing hub of commerce and industry in Eastern India. The city is home to numerous small and medium-sized enterprises (SMEs) that contribute significantly to the state’s economy. With the government’s thrust on industrialization and infrastructure development, Bhubaneswar is witnessing a surge in demand for new machinery and equipment across various sectors.

Benefits of Machinery Financing
At Oxyzo Machinery Finance, we understand the challenges that businesses face in obtaining the necessary funding for machinery and equipment purchases. Our goal is to provide hassle-free financing solutions that help businesses achieve their growth objectives. Here are some of the benefits of partnering with us for your machinery financing needs:

Better Profitability: By availing of machinery financing, businesses can upgrade their equipment and machinery, which in turn can lead to better productivity and profitability. Upgraded machinery can increase output, reduce downtime, and improve the quality of products, ultimately resulting in increased revenues.

Instant Disbursement: Our quick and efficient loan disbursal process ensures that businesses can obtain funds for machinery purchases in a timely manner. With our minimal documentation requirements and digitized processes, we can disburse loans quickly, enabling businesses to make their machinery purchases without any delay.

100% Digitized Process: Our end-to-end digitized process makes the loan application and approval process seamless and hassle-free. Our online portal allows businesses to apply for loans from the comfort of their homes or offices, reducing the need for physical visits to our branches. The digitized process also ensures transparency and reduces the chances of errors or discrepancies.

Flexible Repayment Options: We offer flexible repayment options that can be customized to suit the cash flow requirements of businesses. Our repayment plans are designed to ensure that businesses can repay the loan amount without impacting their day-to-day operations. With our easy EMI options, businesses can choose the repayment tenure that best suits their needs.

Partner with Oxyzo Machinery Finance
At Oxyzo Machinery Finance, we strive to provide the best possible financial solutions to our clients. Our team of experts is dedicated to helping businesses achieve their growth objectives by providing them with the necessary financial support. With our extensive experience and expertise in the machinery financing domain, we can provide customized solutions that meet the specific needs of businesses in Bhubaneswar.

Partner with us for all your machinery financing needs and take your business to the next level. Contact us today to learn more about our offerings and how we can help you achieve your growth objectives.

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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