Machinery Finance in Darbhanga

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

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
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 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 partner in providing hassle-free and seamless financing solutions for your machinery needs in Darbhanga. We understand the importance of having access to machinery and equipment in running your business smoothly and efficiently. That’s why we offer a range of finance options tailored to meet your requirements.

About Darbhanga:
Darbhanga is a historic city located in the northern part of Bihar, India. It is known for its rich culture and heritage and is home to numerous temples, palaces, and museums. The city is also an important commercial and industrial hub, with many businesses operating in various sectors such as agriculture, manufacturing, and healthcare. If you are a business owner in Darbhanga, we understand the challenges you face in sourcing funds for your machinery needs. That’s where Oxyzo Machinery Finance comes in to support your business growth.

Benefits of Better Profitability:
Investing in new machinery can significantly improve the profitability of your business. By upgrading to new and efficient machinery, you can increase your productivity, reduce operational costs, and improve product quality. This, in turn, can help you generate higher profits, increase market share, and build a strong reputation for your business. At Oxyzo Machinery Finance, we offer financing solutions that can help you invest in the latest machinery and equipment to achieve better profitability.

Instant Disbursement:
We understand that time is of the essence when it comes to running a business. That’s why we offer instant disbursement of funds for your machinery needs. With our fast and streamlined loan approval process, you can get the financing you need within a few days, without any delay.

100% Digitized Process:
At Oxyzo Machinery Finance, we believe in leveraging technology to provide a seamless and hassle-free financing experience to our customers. That’s why our loan application process is 100% digitized, with no paperwork required. You can apply for a loan online, from the comfort of your home or office, and track your loan status in real time.

Flexible Repayment Options:
We understand that every business is unique, and that’s why we offer flexible repayment options that are tailored to meet your specific needs. You can choose from various repayment options such as EMI, bullet payments, and customized repayment schedules that align with your business cash flow.

In conclusion, at Oxyzo Machinery Finance, we are committed to supporting the growth of your business in Darbhanga by providing you with the financing solutions you need. With our focus on better profitability, instant disbursement, 100% digitized process, and flexible repayment options, we are your trusted partner for all your machinery financing needs. Apply for a loan today and take your business to new heights.

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.
HomeProducts By LocationsMachinery Finance in Darbhanga

Ask Queries, learn about products and much more

WhatsApp Us