Upgrade Your Industrial Power with Machinery Loans
Get quick, hassle-free collateral-free capital to purchase advanced solar machinery, industrial equipment, and modern manufacturing technology with flexible EMI options.
Key Eligibility Highlights:
- Established business entity with minimum 2 years of operational track record
- Valid proforma invoice or quotation for new or pre-owned machinery
- Annual turnover of ₹25 Lakhs+ with profitable operational returns
- Applicant age between 21 and 65 years with a minimum CIBIL score of 700
Empowering Your Industrial Growth
We simplify equipment financing so you can focus on scaling your production, upgrading technology, and maximizing business ROI.
Zero Collateral Options
Get machinery financing with minimal or no additional security up to ₹1.5 Crores for eligible MSMEs and businesses.
Attractive Interest Rates
Competitive interest rates starting at 8.99% p.a. to keep your operational overheads low and profits high.
48-Hour Swift Disbursal
Streamlined digital processing and fast document verification ensure your loan is disbursed directly to equipment suppliers.
Flexible Tenures
Tailor your repayment schedule with tenure options ranging from 12 to 84 months aligned with your business cash flows.
40% Tax Depreciation
Capitalize on tax benefits through 40% accelerated depreciation write-offs on qualified industrial machinery assets.
Empanelled Vendors Network
Seamless tie-ups with leading machinery manufacturers and OEMs for hassle-free equipment procurement.
How Machinery Loan Approval Works
From submitting your equipment quotation to machinery delivery—power up your production capacity in just four straightforward steps.
Digital Application & Requirement Check
Fill out a simple online application specifying your business profile, required capital limit, and details of the industrial machinery you plan to purchase.
- Takes less than 3 minutes
- No initial physical paperwork needed
Machinery Valuation & Vendor Review
Upload the proforma invoice or machinery quotation from your equipment supplier/OEM. Our technical team quickly validates the asset value.
- Empanelled OEM network
- Fast technical appraisal
Instant Sanction & Digital KYC
Get your loan sanctioned within 24 hours. Complete your digital KYC and sign the digital agreement with minimal or zero additional collateral requirements.
- Up to ₹5 Crore funding
- Collateral-free up to ₹1.5 Crore
Direct Supplier Disbursal
Upon approval, the loan amount is transferred directly to your equipment vendor's bank account, allowing them to dispatch your machinery immediately.
- Disbursal within 48 hours
- Accelerated 40% tax benefits
Ready to Upgrade Your Industrial Machinery?
Get custom loan quotes, calculate your affordable monthly EMIs, or talk directly with our industrial equipment finance specialists.
Machinery Loan Eligibility Criteria
Find out if your business meets the qualification norms for industrial equipment financing and estimate your maximum borrowing capacity.
Business Vintage
Minimum 2 to 3 years of continuous business operations with audited financial statements.
Eligible Entities
Proprietorships, Partnership Firms, Private Limited Companies, Public Limited Companies, and LLPs.
Annual Business Turnover
Minimum annual turnover starting from ₹25–50 Lakhs depending on the requested loan limit.
Credit Score (CIBIL)
A CIBIL score of 680+ or a strong CMR (CIBIL MSME Rank) qualifies for concessional rates.
Borrower Age Limit
Promoters or business owners aged between 21 and 65 years at the time of loan maturity.
Quick Limit Estimator
Estimate your business borrowing limit based on your annual turnover and current obligations.
₹59,13,043*
Max Monthly EMI Capacity: ₹1,41,667
Key Documents Required
Keep these documents ready to accelerate your loan appraisal and vendor disbursal.
- PAN Card of the Business Entity & All Directors / Partners / Proprietor
- Identity & Address Proof (Aadhaar / Voter ID / Passport / Driving License)
- Business Registration Proof (GST Certificate / MSME Udyam / Shop Act License)
- Audited Financial Statements (Balance Sheet, Profit & Loss for the last 2–3 years)
- Bank Account Statements (Last 6–12 months showing business cash flows)
- Proforma Invoice or Quotation of Machinery from authorized OEM/Vendor
Custom Requirements?
Need guidance regarding special equipment financing, OEM partnerships, or CGTMSE schemes?
Speak with Loan SpecialistFrequently Asked Questions
Find answers to common queries about equipment limits, collateral norms, tax savings, and disbursal timelines.
Still have questions about machinery loans?
Our finance advisors can help you structure custom terms with partner banks.