Machinery Finance in Dindigul

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, the leading financial service provider in Dindigul! We are committed to helping small and medium-sized businesses grow and prosper by offering flexible and innovative machinery finance solutions. Our aim is to empower entrepreneurs to invest in machinery and equipment, which is critical to their business growth.

About Dindigul:
Dindigul is a historic city located in the state of Tamil Nadu, known for its rich cultural heritage and delicious cuisine. It is also an important industrial center in the region, with a thriving textile and agro-based industry. The city is home to several small and medium-sized businesses that form the backbone of the local economy. At Oxyzo Machinery Finance, we understand the challenges faced by these businesses and offer customized financial solutions to help them achieve their growth objectives.

Benefits of Oxyzo Machinery Finance:
Better Profitability – By investing in the latest machinery and equipment, businesses can improve their productivity and profitability. With our machinery finance solutions, we enable businesses to acquire the latest machinery without the burden of upfront costs, which helps them to remain competitive in the market.

Instant disbursement – At Oxyzo Machinery Finance, we understand the importance of timely access to funds. We offer instant disbursement of loans, enabling businesses to seize opportunities and take their business to the next level.

100% digitized process – We believe in keeping things simple and hassle-free. Our loan application process is 100% digitized, which means businesses can apply for loans from the comfort of their homes or offices. The entire process, from application to disbursement, is transparent and efficient, ensuring a smooth and seamless experience for our customers.

Flexible repayment options – We understand that every business is unique and has different financial needs. That’s why we offer flexible repayment options that are tailored to meet the needs of individual businesses. Our repayment plans are designed to ensure that businesses can repay their loans without any stress, allowing them to focus on growing their business.

In conclusion, Oxyzo Machinery Finance is committed to empowering businesses in Dindigul to invest in machinery and equipment, which is essential for their growth. Our innovative and flexible financial solutions are designed to meet the unique needs of businesses, helping them to achieve their growth objectives. So, if you’re a small or medium-sized business looking for a reliable financial partner, look no further than Oxyzo Machinery Finance!

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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