Starting at 10.99% p.a.
Machinery Loan
Power Your Manufacturing with Machinery & Equipment Finance
Loan up to
₹5 Cr
Tenure
7 Years
Processing Fee
1% - 2%
Machinery Loan EMI Calculator
Calculate your monthly EMI instantly
₹
%
yrs
Monthly EMI
₹65,212
Total Interest
₹9,12,739
Total Payment
₹39,12,739
About Machinery Loan
Modernize and expand your manufacturing capacity with our Machinery Loans. Finance up to 90% of the equipment cost — new or used — across industries: textiles, food processing, CNC machines, printing, plastics, and more. Special MSME focus with CGTMSE coverage and competitive rates.
Key Features & Benefits
90% Asset Financing
High LTV on equipment
MSME Focus
CGTMSE & SIDBI tie-ups
Tenure up to 7 Years
Match with asset life
New & Used Machinery
Both eligible
Vendor Tie-ups
500+ approved vendors
Quick Disbursal
Direct to vendor
Eligibility Criteria
For Salaried
- Business vintage: 2+ years
- Profitable for 2 years
- ITR + GST required
For Self-Employed
- MSME registration preferred
- Credit score: 700+
- Established cash flows
Documents Required
Business
- •PAN, GST, Udyam
- •Trade license
- •MoA/Partnership deed
Financial
- •ITR (3 years)
- •Audited financials
- •GST returns
- •Bank statements (12 months)
Machinery
- •Proforma invoice from vendor
- •Machinery specs
- •Installation plan
Interest Rates Comparison
Application Process
1
Apply
With vendor quote
2
Assessment
Project & financial review
3
Sanction
Loan sanctioned
4
Documentation
Asset hypothecation
5
Disbursal
Direct to vendor
Frequently Asked Questions
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