Machinery Finance in Chandigarh

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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 in Chandigarh, your trusted partner in financing your business growth. Our finance services are tailored to meet the unique needs of businesses operating in the machinery industry, enabling you to acquire the equipment you need to stay competitive, profitable, and productive.

Chandigarh is a beautiful and prosperous city, located in the northern region of India, and serves as the capital of two states, Haryana and Punjab. Known for its high standard of living, Chandigarh boasts of a vibrant economy, with several industries thriving within the city. The machinery industry is one such sector that contributes significantly to the city’s economic growth. At Oxyzo Machinery Finance, we understand the vital role played by the machinery industry in Chandigarh’s economy, and we’re committed to supporting local businesses in this sector.

One of the biggest challenges faced by businesses in the machinery industry is the high cost of acquiring equipment. At Oxyzo Machinery Finance, we offer financing solutions that allow you to acquire the machinery you need without putting a strain on your cash flow. Our financing solutions come with flexible repayment options, enabling you to pay back the loan at a pace that suits your business’s financial situation. With our financing, you can focus on growing your business while leaving the financial burden to us.

Our finance services are designed to help you achieve better profitability for your business. By financing your machinery acquisitions, you can expand your production capabilities, increase your output, and ultimately, generate more revenue. With more revenue, you can invest in other areas of your business, such as marketing and research and development, to gain a competitive edge in the industry.

At Oxyzo Machinery Finance, we know that time is of the essence, and that’s why we offer instant disbursement of funds upon approval of your loan application. Our 100% digitized process ensures that you can apply for and receive financing without having to leave your office. Our online platform is user-friendly, secure, and transparent, ensuring that you can access all the information you need about your loan at any time.

In conclusion, Oxyzo Machinery Finance in Chandigarh is your ideal partner in financing your business’s machinery acquisitions. Our financing solutions are designed to help you achieve better profitability, access instant disbursement of funds, enjoy a 100% digitized process, and take advantage of flexible repayment options. Contact us today, and let us help you take your business to the next lev

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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