Machinery Finance in Tamil Nadu

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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

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

Oxyzo Machinery Finance is an excellent financial service provider in Tamil Nadu that is dedicated to offering tailor-made financing solutions to business owners in the state. Tamil Nadu is one of the fastest-growing states in India, with a diverse economy and a thriving industrial sector. With a population of over 80 million people, Tamil Nadu is home to numerous manufacturing, automobile, and construction industries, making it a prime destination for businesses looking to expand their operations.

One of the key benefits of partnering with Oxyzo Machinery Finance is the opportunity to achieve better profitability for your business. With their specialized machinery financing solutions, you can access the latest equipment and technology required to take your business to the next level. This can help you increase your productivity, reduce your operational costs, and ultimately boost your bottom line.

Another advantage of choosing Oxyzo Machinery Finance is its instant disbursement service. They understand that time is of the essence when it comes to business, and that is why they strive to ensure that their financing solutions are disbursed promptly. With Oxyzo, you can access the funds you need to purchase the machinery you require without any delays.

In addition to their swift disbursement, Oxyzo Machinery Finance also offers a 100% digitized process, making it easy and convenient for you to apply for financing. This means that you can apply for machinery financing online from the comfort of your home or office, without having to visit a physical location. With their user-friendly interface, you can quickly and easily submit your application and receive an instant decision.

Moreover, Oxyzo Machinery Finance also provides flexible repayment options to ensure that you can repay your loan on your terms. They understand that every business is unique, and that is why they work with you to design a repayment plan that aligns with your specific needs and goals. With Oxyzo, you can enjoy the flexibility to choose a repayment term that works best for your business.

In conclusion, Oxyzo Machinery Finance is an exceptional financial service provider in Tamil Nadu that offers a range of benefits to businesses looking to expand their operations. With their machinery financing solutions, you can achieve better profitability, enjoy instant disbursement, access a 100% digitized process, and benefit from flexible repayment options. Contact Oxyzo Machinery Finance today to take advantage of their innovative financing solutions and take your business to a 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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