Machinery Finance in Karnataka

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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

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.
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