and get best Loan Deals
and get best Loan Deals
Machinery Loan can help you realise your dreams of having that perfect wedding to visiting your dream holiday destination. The loan can also help in meeting unexpected expenses and medical emergencies too. Here are some key features.
You can apply for Machinery Loans online; we let you know if you are eligible within some time. You can also make use of our Machinery loan call centre and find out if you qualify for a loan.
Our quick Machinery Loan is available for salaried individuals and self-employed professionals. You can borrow from Rs 1 Lakh to Rs 25 Lakhs basis your eligibility.
You can repay your Machinery Loan in tenures ranging between 1 and 5 years.*
You can borrow more money by using the top up facility available for existing users.
A Machinery Loan can finance your needs without having to wait for capital to accumulate. We establish eligibility criteria for a Machinery Loan based on few simple parameters. Your credit score and existing borrowings are also assessed to determine your repayment capacity.
For Self Employed Individuals:
For Salaried Individuals:
You can apply for a Machinery loan online by filling a form on our website. If you apply for a Machinery loan online, we will tell you about your eligibility instantly.
Our relationship manager will fix up an appointment to come to your premises and collect the requisite documents for quick Machinery loans.
After your documents have been collected, bank will verify your Machinery loan application; this may involve a Machinery discussion with you.
If the reports are satisfactory after verification, your loan will be approved and the money will be deposited in the same bank account for which the statement has been provided.
Banks provide Machinery Loans for both self-employed and salaried individuals based on the assessment of following documents:
Please review the business loan document checklist here:
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