Machinery Finance in Bihar

RBI Registered
RBI Registered NBFC

Check Your Loan Eligibility in Just 2 minutes!

Attractive interest rates
Attractive interest rates
Unsecured Loan upto 5 Crores
Unsecured Loan upto 5 Crores
Approval within 48 Hours
Approval within 48 Hours

Ready to Apply? Here's What You'll Need

Eligibility Criteria

Minimum turnover
₹3 crores
Years of Operation
3+ years
Entities
  • Public Limited
  • Private Limited
  • Sole Proprietorship
  • Partnership

Required Documents

Business Proof
GSTIN
KYC Details
  • PAN Card
  • Aadhaar Card
Financial Documents (last 3 years)
  • Bank Statement
  • Balance Sheet
  • P&L Statement

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

Machinery Finance Benefits

Collateral-free

Collateral-free

Unsecured business loans do not require land, property 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

How does Machinery Finance Work?

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

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 Machinery Finance

Welcome to Oxyzo Machinery Finance, your one-stop solution for all your machinery financing needs in Bihar. We understand that acquiring machinery can be a significant investment for businesses, and that’s why we offer flexible financing options that help you achieve better profitability without any hassle.

About Bihar:

Bihar is a state in Eastern India, known for its rich cultural heritage and historic significance. It is the third most populous state in India, with a population of over 120 million. The state’s economy is largely driven by agriculture, with industries such as food processing, textiles, and leather also contributing to its growth. Bihar’s strategic location also makes it an ideal destination for businesses looking to expand their operations in East India.

Better Profitability:

At Oxyzo Machinery Finance, we understand the importance of profitability for any business, and that’s why we offer customized financing solutions that help you optimize your investment. With our financing options, you can acquire the latest machinery and equipment that not only increases your productivity but also ensures that you stay ahead of the competition.

Instant Disbursement:

We know that time is of the essence when it comes to business operations. That’s why we offer instant disbursement of funds to our customers. Our 100% digitized process ensures that there are no delays, and you can get access to the funds you need within a short span of time. With Oxyzo Machinery Finance, you can rest assured that your financial needs are taken care of, without any delays.

100% Digitized Process:

We understand that paperwork and manual processes can be a hassle, and that’s why we offer a fully digitized process that eliminates the need for physical documentation. Our process is completely online, making it easy for you to apply for financing from the comfort of your office or home. Our team of experts ensures that the process is seamless, and that you get access to funds without any hassle.

Flexible Repayment Options:

We understand that every business is unique, and that’s why we offer flexible repayment options that cater to your individual needs. Our repayment plans are designed to ensure that you don’t have to worry about any financial burden while repaying your loan. With Oxyzo Machinery Finance, you can choose a repayment plan that works best for you and your business.

In conclusion, Oxyzo Machinery Finance is your go-to partner for all your machinery financing needs in Bihar. Our customized solutions, instant disbursement, 100% digitized process, and flexible repayment options ensure that you get the best value for your investment. Contact us today to know more about our financing options and take the first step toward a better future for your business.

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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