Borrow as you need, repay as you can - Loan up to Rs. 30 lakh | Only 2 documents required


Features and Benefits

Machinery loans are usually taken to either repay a faulty or broken machine or upgrade to a better version. Some unique benefits of taking machinery / equipment loan from Bajaj Finserv are:

  • Loans up to ₹ 30 lakh

    Bajaj Finserv offers a Machinery loan of up to ₹ 30 lakh to help companies continue running their business without any financial roadblocks

  • Unsecured Machinery and equipment financing

    No need for a guarantor or any collateral to avail equipment financing . Transparent policies with no hidden clauses.

  • Flexi Loan Facility

    A unique and innovative offering that allows you to manage your cash flows in a smarter and more effective manner. Flexi Loan Facility available of up to Rs. 30 lakh.

    know more
  • Pre-approved offers

    On a regular basis, we introduce pre-approved machinery loan schemes which may include a top-up loan or discount in interest rates, etc.

  • Online access

    On availing a loan for machinery or equipment from Bajaj Finserv, you will get online account access to all your loan information.

Egilibility Criteria

The following entities are eligible for Machinery or equipment financing from Bajaj Finserv:

  • Limited or Private Limited Company

  • Partnership or Proprietorship Firm

  • Chartered Accountant / Self Employed Professional

Here is a list of the Business Loan customer profiles that we consider:

  • Self Employed Professionals (SEP)
  • Allopathic doctors, chartered accountants, company secretaries and architects who are practicing their profession. Proof of qualification – document to be shared
  • Self Employed Non Professionals (SENP)
  • Traders and manufacturers, retailers, Proprietors, and service providers etc
  • Entities
  • Partnerships, Limited Liability Partnership, Private Limited and closely held Limited companies. Other constitution types depending on their profile on a case to case basis

Documents required

  • KYC documents

  • Business Vintage of 3 Years

  • Business proof: Certificate of practice

  • Bank Account statement of last month

  • Proof of residence or business/ office

Fees & Charges

We have an in-house business loan calculator to help you check your loan interest rate. The other charges are:

  • Processing fees
  • 2% of the loan amount will be deducted at the time of disbursal of approved loan amount
  • EMI bounce charges
  • Rs.1000 will be charged in the subsequent month for every bounce
  • Penal interest
  • 2.00% p.m. overdue charges will be levied basis 360 days per year
  • Foreclosure Charges
  • 4% plus applicable taxes on the current principal outstanding
  • Part prepayment charges
  • 2% plus applicable taxes on part payment amount paid

The part payment made should be more than 1 EMI. There are no part payment charges for flexi accounts.

How to Apply

  • 1


    If you’re looking to apply for a Machinery or Equipment Loan, online with Bajaj Finserv, click here

  • 2


    If you want us to get back to you, just SMS BL to 9773633633.

Business Loan Instant Approval

Please enter your first and last name
Please enter 10 digit mobile number
Please enter your address

Is your firm audited by CA

People Also Considered

Fixed Deposit People Considered Image

Fixed Deposit

A safe investment with
return up to 7.85%

Personal Loan People Considered Image

Personal Loan

Loan up to Rs. 25 lakh, for your myriad personal financial needs

Doctor Loan People Considered Image

Doctor Loan

Customised financial solutions designed exclusively for doctors

Home Loan People Considered Image

Home Loan

Our Lowest ever rate on Balance Transfer | *T&C apply