Machinery Finance in West Bengal

RBI Registered

RBI Registered NBFC

Download our App!
+91

Available on

Download AppDownload App
Download App

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
Our New App is Live!
Fuel Your Business Dreams with OXYZO
+91
Scan to get App
title
title
title

Enhanced Security Features

title

Hassle-free Loan Applications

title

Simplified Documentation Process

title

Get Disbursals on the Fly

title

Ledger on Your Fingertips

title

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 a leading financial service provider in West Bengal, catering to the financial needs of businesses and entrepreneurs across the state. With its comprehensive range of financing solutions, Oxyzo Machinery Finance is committed to helping businesses achieve their growth aspirations and thrive in today’s competitive market.

West Bengal is a thriving state located in the eastern part of India. It is known for its rich culture, history, and diverse economy. The state has a strong manufacturing and services sector, which provides ample opportunities for businesses to grow and succeed. Oxyzo Machinery Finance is committed to supporting businesses in West Bengal by offering customized financial solutions that cater to their unique needs.

One of the biggest advantages of choosing Oxyzo Machinery Finance is the better profitability it offers. The financing solutions provided by Oxyzo Machinery Finance are designed to help businesses maximize their profits by providing access to the necessary capital at competitive interest rates. This means that businesses can invest in new machinery, expand their operations, and increase their production without worrying about high-interest rates and additional financial burdens.

Oxyzo Machinery Finance also offers instant disbursement of funds, which means that businesses can access the capital they need within a few hours of submitting their application. This is particularly beneficial for businesses that need urgent financing to meet their operational requirements. By choosing Oxyzo Machinery Finance, businesses can avoid the lengthy and time-consuming process associated with traditional financing options.

Another advantage of choosing Oxyzo Machinery Finance is the 100% digitized process. The company has a user-friendly online platform that enables businesses to apply for financing solutions from the comfort of their homes or offices. This eliminates the need for businesses to visit physical branches and complete lengthy paperwork. The online platform is also secure and ensures the confidentiality of all customer information.

Oxyzo Machinery Finance offers flexible repayment options, which means that businesses can choose a repayment plan that best suits their cash flow requirements. This ensures that businesses can repay their loans without putting undue financial stress on their operations. The company also provides personalized customer service, which ensures that businesses can get the help and support they need at every step of the financing process.

In conclusion, Oxyzo Machinery Finance is a leading financial service provider in West Bengal that offers a comprehensive range of financing solutions to businesses and entrepreneurs. With better profitability, instant disbursement, a 100% digitized process, and flexible repayment options, Oxyzo Machinery Finance is committed to helping businesses achieve their growth aspirations and thrive in today’s competitive market.

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.

Ask Queries, learn about products and much more

WhatsApp Us