Machinery Finance in Mumbai

RBI Registered

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

Eligibility & Required 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 Credit

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 for financing your machinery needs in Mumbai. At Oxyzo, we understand the importance of having the right machinery to ensure the smooth functioning of your business. We offer customized financing solutions to help you acquire the machinery you need to take your business to the next level.

About Mumbai:
Mumbai, the financial capital of India, is home to numerous businesses across various sectors. With a bustling economy and a diverse range of industries, Mumbai is a hub of growth and development. At Oxyzo Machinery Finance, we understand the unique needs of businesses in Mumbai and offer financing solutions that cater to these needs.

Benefits of Financing with Oxyzo Machinery Finance:

Better Profitability: Investing in machinery can be a significant expense for businesses, and it may take time to see returns on investment. With Oxyzo Machinery Finance, you can acquire the machinery you need without affecting your cash flow. This means that you can continue to invest in other areas of your business and maintain profitability.

Instant Disbursement: At Oxyzo, we understand that time is of the essence for businesses. That’s why we offer instant disbursement of funds upon approval of your financing application. This means that you can acquire the machinery you need quickly and without any delays.

100% Digitized Process: Our financing process is entirely digitized, which means that you can apply for financing from the comfort of your office or home. You no longer need to spend hours filling out paperwork or running from one institution to another. With our easy-to-use online application, you can apply for financing in minutes.

Flexible Repayment Options: We understand that every business is unique, and one size doesn’t fit all. That’s why we offer flexible repayment options that are tailored to your specific needs. You can choose a repayment plan that suits your cash flow and ensures that you don’t miss any payments.

At Oxyzo Machinery Finance, we are committed to helping businesses in Mumbai acquire the machinery they need to succeed. Our financing solutions are designed to cater to the unique needs of businesses in Mumbai and ensure that you get the support you need to grow your business. Contact us today to learn more about our financing solutions and how we can help you 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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