Machinery Finance in Chhattisgarh

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

Welcome to Oxyzo Machinery Finance, your trusted financial partner for all your machinery financing needs in Chhattisgarh. We understand that the right machinery is essential to drive the growth of your business, and we are here to provide you with the financial support you need to achieve your goals.

Chhattisgarh is a state located in central India, known for its rich cultural heritage and abundant natural resources. The state has a vibrant economy with a diverse range of industries, including agriculture, mining, and manufacturing. The state is home to some of the biggest steel plants, power plants, and cement plants in the country, making it an attractive destination for businesses.

At Oxyzo Machinery Finance, we understand the unique needs of businesses in Chhattisgarh and offer customized machinery financing solutions to help you achieve better profitability. We provide quick and hassle-free financing options to help you acquire the machinery you need to expand your business.

One of the biggest advantages of choosing Oxyzo Machinery Finance is our instant disbursement process. We understand the urgency of your business needs and strive to ensure that you get access to the funds you need as quickly as possible. Our 100% digitized process ensures that you can apply for financing from the comfort of your office or home without any paperwork.

We also understand that every business has unique financial needs, which is why we offer flexible repayment options. Our team of experts will work with you to understand your business needs and provide you with a financing solution that fits your budget and repayment capabilities.

In addition to these benefits, choosing Oxyzo Machinery Finance also means that you get access to our excellent customer support. Our team of experts is available to answer any questions you may have and provide you with guidance throughout the financing process.

In conclusion, if you’re looking for a reliable and trustworthy partner for your machinery financing needs in Chhattisgarh, look no further than Oxyzo Machinery Finance. Our customized solutions, instant disbursement, 100% digitized process, and flexible repayment options make us the ideal partner to help you achieve better profitability and drive the growth of your business. Contact us today to learn more about how we can help you!

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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