Machinery & Equipment Finance
Our financing caters to businesses across various sectors, such as manufacturing, healthcare, food processing, engineering, plastics, textiles, packaging, and more. With our deep industry expertise, we help you acquire the machinery needed to enhance production efficiency, boost competitiveness, and support your long-term growth.
Key Features
Loan for new and used machinery
Finance both new and used machinery (Used Machines applicable only for Printing and Healthcare sectors).
Flexible repayment terms
Loan tenure up to 4 years, offering flexibility to suit your business cash flow.
High loan amounts
Loans up to Rs. 3 Crore against machinery purchase.
Solar panel financing
Up to Rs. 2 Crore funding for solar equipment.
No secondary collateral
No need for secondary collateral, making the process more accessible.
High Loan-to-Value (LTV) ratio
A higher LTV ratio covering a significant portion of your machinery costs, reducing your upfront capital investment.
Cash flow-based assessment
Loans assessed based on your business’s cash flow and viability, ensuring fair and tailored lending terms.
OEM Partnerships
Special financing schemes in collaboration with Original Equipment Manufacturers (OEMs).
Loan for First-Time Machinery Purchases
Loans up to Rs. 50 Lakhs available for first-time machinery buyers (for traders).
Empowering MSMEs with Energy-Efficient Solutions
solutions for energy-efficient machinery.
Sustainable Growth
Reduce your environmental footprint while enhancing profitability and competitiveness.
Achieve Operational Excellence
Upgrade to cutting-edge energy-efficient machinery like servo-driven injection moulding machines, CNC systems, and optimized lubrication setups.
Save Big on Costs
Lower your energy bills and reduce operational expenses while maintaining top-notch product quality.
Faster Payback Period
Realize a rapid return on investment, enabling quicker business growth.
Tailored Financial Solutions
Access customized loans designed to meet the unique needs of your MSME sector.
Purpose for which you can avail this loan
You can avail this loan for various business needs, including:
Expand Production Capacity
Invest in advanced machinery to scale up production and meet growing demand.
Upgrade Equipment
Modernise existing machinery to improve efficiency, reduce downtime, and cut maintenance costs.
Boost Competitiveness
Stay ahead of the curve by acquiring the latest machinery and technology.
Enhance Product Quality
High-quality machinery ensures your products meet industry standards, reducing defects and improving customer satisfaction.
Eligibility Criteria
Who Qualifies for Equipment Financing?
- Age: Between 21 and 65 years of age.
- Citizenship: Must be an Indian citizen.
- Business Vintage: A minimum of 3 years of business operation.
Required Documentation
Essential Documentation for Machinery Loan Approval
- KYC Documents: Valid KYC documents for identification.
- Business PAN: Valid PAN card for the business.
- Current Address Proof: Address proof for both the applicant’s residence and the registered office.
- UDYAM Certificate: UDYAM Registration Certificate for MSMEs.
- Business Vintage Proof: Proof of at least 3 years of business operation.
- Latest 12 Months Bank Statement & GST Return: Recent financial documents to assess stability.
- Financial Statements for Last 3 Years: Audited financial statements.
- Proforma Invoice/Quotation: For the machinery being purchased.
Machineries We Fund
- Engineering and Machine Tools: CNC (Computer Numerical Control) Machines, VMC (Vertical Machining Center) Machines, HMC (Horizontal Machining Center), EDM (Electrical Discharge Machines), Wire Cut, Laser Cutting Machines, Engraving Machines, Laser Welding Machines, Lathe Machines, etc.
- Plastics and Chemicals: Injection Moulding Machines, Blow Moulding Machines, Extrusion Machines, etc.
- Pharmaceuticals: HPLC (High-Performance Liquid Chromatography), LCMS (Liquid Chromatography-Mass Spectrometry), GCMS (Gas Chromatography-Mass Spectrometry), Reactors, etc.
- Print and Packaging: Digital Printing Machines, Web Offset/Sheet Fed Offset, Inkjet Printers, UV Printers, Flatbed Printers, Box Making Machines, Pouch Making Machines, Labelling Machines, Paper Cutting Machines, etc.
- Food Processing: Machines for Snack, Beverages, Confectionery, Dairy Segments, and allied industries.
- Healthcare Funding: CT-Scanners (Computed Tomography), MRI (Magnetic Resonance Imaging) Machines, Colour Dopplers, Ventilators, X-Ray Machines, ECG (Electrocardiogram) Machines, etc.
- Solar and Wood Working: Solar Panels, Edge Bending Machines, Bandsaw Machines, Boring Machines, etc.
- Home Textiles & RMG (Ready Made Garments): Weaving Machines, Embroidery Machines, Textile Printing Machines, Knitting Machines, etc.
