Machinery Loan
Interest from 7.5% p.a.
Machinery loans are designed to help businesses acquire industrial equipment, manufacturing machinery, and technology assets. Whether you need CNC machines, printing equipment, construction machinery, earthmoving equipment, or medical devices, machinery loans provide the capital needed to modernize your operations and boost productivity. Available for both new and pre-owned machinery with tenures up to 8 years.
Interest Rate
7.5% - 15%
Tenure
1 - 8 Years
Processing Fee
0.5% - 2%
Interested in Machinery Loan?
Submit your enquiry and our experts will help you find the best loan option.
Apply NowCalculate EMICall: +91 70215 43870Key Features
Up to 90% Financing
Finance up to 90% of equipment value
Quick Processing
Approval within 5-7 working days
Long Tenure
Repayment up to 8 years
Tax Benefits
Depreciation & interest deduction
Eligibility Criteria
Basic Requirements
- Age: 21 to 65 years
- Minimum Annual Income: ₹5,00,000
- Minimum CIBIL Score: 650
Employment Type
Additional Requirements
- Minimum 2-3 years business vintage
- Profitable operations for last 2 years
- Valid GST registration required
- ITR for past 2-3 years
Required Documents
View All Documents →Aadhaar Card*
12-digit unique identification number issued by UIDAI
Alternatives: Passport, Voter ID, Driving License
PAN Card*
Permanent Account Number for tax identification
Passport Size Photos*
Recent color photographs (2-4 copies)
ITR*
Income Tax Returns for last 2-3 years
Balance Sheet & P&L*
Audited financial statements
GST Returns
Last 12 months GST returns if applicable
Machinery Quotation*
Proforma invoice from machinery supplier with specifications
Business Registration*
GST certificate, Udyam registration, or incorporation certificate
Income Tax Returns*
ITR for past 2-3 years with computation of income
Benefits of Machinery Loan
Finance up to 90% of machinery cost
Competitive interest rates starting from 7.5% p.a.
CLCSS subsidy up to 15% (max ₹15 lakh) for eligible MSMEs
Both new and used machinery financing available
Tax benefits on depreciation and interest payments
Quick processing and disbursal
Available from These Partners
Frequently Asked Questions
What types of machinery can be financed?
Can I get financing for used machinery?
Is there any government subsidy available?
Ready to Apply for Machinery Loan?
Submit your enquiry now and get expert guidance on the best machinery loan options for your needs.