Machinery Finance in Davanagere

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 in Davanagere, your one-stop destination for all your machinery finance needs. Our team of finance experts is committed to helping businesses in Davanagere grow by providing them with the necessary financial support to purchase or upgrade their machinery.

Davanagere, located in the heart of Karnataka, is a bustling city known for its textile industry, rice mills, and agro-based businesses. With a population of over 4 lakhs, the city has a thriving economy that is constantly expanding. Oxyzo Machinery Finance understands the unique financial needs of businesses in Davanagere and is committed to helping them achieve their goals.

One of the biggest advantages of availing of machinery finance from Oxyzo is the better profitability it provides to businesses. With our financial support, businesses can purchase or upgrade their machinery, leading to increased efficiency and productivity. This, in turn, results in better profits and helps businesses grow.

Another benefit of choosing Oxyzo Machinery Finance is the instant disbursement of funds. We understand the importance of timely financial assistance, and our digitized process ensures that businesses receive the required funds quickly and efficiently. This allows businesses to invest in their machinery without any delay and get back to running their operations smoothly.

At Oxyzo Machinery Finance, we are committed to providing our clients with a hassle-free and completely digitized process. Our application process is simple, and all documentation can be submitted online. This 100% digitized process ensures that businesses can apply for finance from anywhere, at any time.

We understand that repayment options can be a concern for many businesses. That is why we offer flexible repayment options that cater to the specific needs of each business. Our team of finance experts works closely with clients to determine the best repayment plan, ensuring that the process is stress-free and manageable.

In conclusion, Oxyzo Machinery Finance in Davanagere is the perfect solution for businesses looking to upgrade their machinery or invest in new equipment. With better profitability, instant disbursement, a completely digitized process, and flexible repayment options, we are committed to helping businesses in Davanagere grow and succeed. Contact us today to learn more about how we can assist you in achieving your financial goals.

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 Davanagere

Ask Queries, learn about products and much more

WhatsApp Us