Machinery Finance in Karnataka

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

Oxyzo Machinery Finance in Karnataka: Fuel Your Business Growth

Karnataka is a state located in the southern part of India. Known for its rich culture, diverse population, and economic prosperity, Karnataka is a hub for various industries such as software development, electronics, manufacturing, and agriculture. The state’s capital, Bengaluru, is often referred to as the “Silicon Valley of India” due to its thriving IT sector. The state also boasts of a robust infrastructure, with several ports, airports, and highways connecting it to different parts of the country.

If you are a business owner in Karnataka, you understand the importance of investing in the right machinery to grow your business. However, purchasing new equipment or upgrading your existing machinery can be a costly affair. This is where Oxyzo Machinery Finance in Karnataka can help.

Oxyzo Machinery Finance is a leading non-banking financial company (NBFC) that provides hassle-free finance solutions for businesses in Karnataka. With Oxyzo Machinery Finance, you can fund your machinery purchases and upgrades with ease. Here are some of the benefits of choosing Oxyzo Machinery Finance for your business needs:

Better Profitability:
By upgrading your machinery, you can improve the quality and quantity of your output, resulting in better profitability. With Oxyzo Machinery Finance, you can access the funds you need to purchase the latest and most efficient machinery, which can help you stay ahead of your competitors.

Instant Disbursement:
Oxyzo Machinery Finance offers instant disbursement of funds, ensuring that you can make your machinery purchases without any delay. This means you can take advantage of market opportunities and fulfill large orders without worrying about cash flow.

100% Digitized Process:
Oxyzo Machinery Finance’s loan application process is entirely digital, making it faster and more convenient for you. You can apply for a loan from the comfort of your office or home, and the entire process is paperless, saving you time and effort.

Flexible Repayment Options:
Oxyzo Machinery Finance offers flexible repayment options that cater to your business’s specific needs. You can choose the repayment tenure that suits you best, whether it’s short-term or long-term. This means you can plan your finances more effectively and ensure that your cash flow remains stable.

In conclusion, if you are a business owner in Karnataka, Oxyzo Machinery Finance can help you fund your machinery purchases and upgrades. With its better profitability, instant disbursement, 100% digitized process, and flexible repayment options, Oxyzo Machinery Finance is the ideal partner for your business growth. Contact Oxyzo Machinery Finance 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 Karnataka