Machinery Finance in Uttar Pradesh

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

Oxyzo Machinery Finance is proud to offer its services in Uttar Pradesh, a state with a rich cultural heritage and a thriving economy. Uttar Pradesh, the most populous state in India, is known for its agriculture, tourism, and industries such as textiles, leather, and engineering. The state has a vast network of roads, railways, and airports, making it an ideal location for businesses to grow and expand. Oxyzo Machinery Finance offers financing solutions to businesses in Uttar Pradesh, enabling them to achieve better profitability, streamline their operations, and increase their competitiveness.

One of the main benefits of partnering with Oxyzo Machinery Finance is instant disbursement. We understand that businesses in Uttar Pradesh need quick access to financing to keep up with the fast pace of their operations. Our 100% digitized process allows us to process loan applications quickly and disburse funds in a matter of days. This means that businesses can get the funding they need without delay, allowing them to purchase new machinery, upgrade their existing equipment, and increase their production capacity.

At Oxyzo Machinery Finance, we also understand that businesses in Uttar Pradesh have unique needs when it comes to financing. That’s why we offer flexible repayment options that are tailored to the specific needs of each business. Our team of experts works closely with each client to design a repayment plan that fits their budget and ensures that they can meet their financial obligations without straining their cash flow.

Another key benefit of partnering with Oxyzo Machinery Finance is our 100% digitized process. We use the latest technology to streamline the loan application process, making it easy and convenient for businesses in Uttar Pradesh to apply for financing. Our digital platform allows businesses to apply for loans online, upload all the necessary documents, and track the status of their application in real time. This means that businesses can apply for financing from anywhere, at any time, without having to visit a physical branch or submit paper documents.

In conclusion, Oxyzo Machinery Finance offers businesses in Uttar Pradesh a range of financing solutions that are designed to help them achieve better profitability, streamline their operations, and increase their competitiveness. Our instant disbursement, flexible repayment options, and 100% digitized process make us the ideal partner for businesses in Uttar Pradesh that are looking for a reliable and efficient financing solution.

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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