Machinery & Equipment Financing
This specialized financial solution is designed to support MSMEs in acquiring or upgrading essential machinery and equipment thereby ensuring that the existing working capital lines are not compromised. By availing this facility, MSMEs can enhance operational efficiency and productivity by leveraging state-of-the-art technology.
Product Specifications
Product Specifications
- Loan up to 300 Lakhs,
- Tenure up to 60 Months.
- competitive rate of interest
- No additional collateral required
- Interest rate – Refer interest rate model
Benefits
Benefits
- Wide range of Machinery & Equipment financing options
- Quick Approvals via score-based assessment
- Digital & Minimal Documentation
- Loan opportunities for Start-ups
Basic Documents Required
Basic Documents Required
- KYC Document
- Business PAN
- Current Address Proof
- UDYAM Certificate
- Business Vintage Proof
- Latest Bank Statement or GST Return (If required)
- Proforma Invoice / Quotation