Machinery Finance in Assam

RBI Registered
RBI Registered NBFC

Check Your Loan Eligibility in Just 2 minutes!

Attractive interest rates
Attractive interest rates
Unsecured Loan upto 5 Crores
Unsecured Loan upto 5 Crores
Approval within 48 Hours
Approval within 48 Hours

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

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Minimum turnover ₹3 crores
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Business vintage 3+ years

Required Documents

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KYC details
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Last 6 months of banking
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Financials for previous 2 fiscal years
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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 – Boosting Your Business in Assam

Assam, situated in the northeastern part of India, is a state that is known for its diverse culture, natural beauty, and rich history. The state is blessed with abundant natural resources, including oil, tea, and silk, and has a thriving agriculture industry. The state is also known for its growing industrial sector, with various small and medium-sized enterprises (SMEs) that are contributing to the economy’s growth. For businesses looking to expand or upgrade their machinery in Assam, Oxyzo Machinery Finance can provide the necessary financial support.

Benefits of Oxyzo Machinery Finance

Better Profitability: In today’s competitive business environment, having the latest and best equipment can significantly improve productivity and profitability. Oxyzo Machinery Finance provides funding to help businesses purchase the latest machinery and equipment, giving them a competitive edge in the market.

Instant Disbursement: Waiting for a loan can be frustrating and time-consuming for businesses, leading to missed opportunities. Oxyzo Machinery Finance understands this and offers instant disbursement of loans. This means businesses can receive the funds they need to purchase machinery and equipment quickly, without any delays.

100% Digitized Process: With Oxyzo Machinery Finance, the loan application process is entirely digitized. This makes it easy for businesses to apply for and track their loan applications from anywhere, at any time. The digitized process also reduces the chances of errors and ensures a hassle-free experience for businesses.

Flexible Repayment Options: Repaying loans can be a burden for businesses, especially during challenging times. Oxyzo Machinery Finance offers flexible repayment options, making it easy for businesses to repay their loans without compromising their cash flow. This ensures that businesses can continue to operate smoothly and grow at their own pace.

In conclusion, Oxyzo Machinery Finance is a reliable and efficient financial partner for businesses looking to upgrade or expand their machinery in Assam. With benefits such as better profitability, instant disbursement, a 100% digitized process, and flexible repayment options, businesses can enjoy a hassle-free and seamless experience. Contact Oxyzo Machinery Finance today to 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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