Machinery Finance in Haryana

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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 one-stop solution for all your machinery financing needs in Haryana. We understand that businesses require access to modern equipment and machinery to stay competitive in today’s fast-paced world. However, purchasing new machinery can be a significant investment, and not all businesses have the financial resources to do so. This is where Oxyzo Machinery Finance comes in, offering you the financial support you need to grow your business.

Haryana, located in Northern India, is known for its rich cultural heritage, diverse cuisine, and vibrant economy. The state is home to several industries, including agriculture, automotive, textiles, and manufacturing. The availability of modern machinery and equipment is essential for businesses to thrive in Haryana. At Oxyzo Machinery Finance, we provide customized financing solutions to help businesses of all sizes to invest in machinery and equipment to meet their operational needs.

One of the key benefits of choosing Oxyzo Machinery Finance is better profitability. By financing your machinery, you can conserve your working capital and invest it in other areas of your business. This can help improve your profitability in the long run. Additionally, financing machinery allows you to take advantage of the latest technology and equipment, which can help increase productivity and efficiency.

Another benefit of partnering with Oxyzo Machinery Finance is instant disbursement. We understand that businesses require quick access to funding to take advantage of new opportunities or meet urgent operational needs. Our streamlined process ensures that you receive the financing you need in a timely manner, so you can focus on growing your business.

Our 100% digitized process is another advantage of choosing Oxyzo Machinery Finance. Our online application and approval process eliminates the need for paperwork and reduces processing time. This ensures a hassle-free experience for our customers and speeds up the financing process.

We also offer flexible repayment options to meet the unique needs of your business. Our repayment terms are tailored to match the cash flow of your business, so you can repay the loan without any undue burden on your finances. Our flexible repayment options ensure that you can focus on growing your business without worrying about the financial burden of repayments.

In conclusion, Oxyzo Machinery Finance is committed to providing businesses in Haryana with customized machinery financing solutions that meet their unique needs. With better profitability, instant disbursement, a 100% digitized process, and flexible repayment options, we help businesses invest in modern equipment and machinery to stay ahead of the competition. Contact us today to learn more about our financing solutions and take your business to the next level.

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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