Features and benefits of a machinery loan
Loan amount up to Rs. 50 lakh
Fund your working capital requirements with ease when you opt for our machinery loan.
Access equipment financing without needing to pledge your assets as security.
With our Flexi facility, you can borrow from your sanction freely and pay interest only on the amount you withdraw.
Digital loan management
Our loans come with an online account to manage EMIs and simplify your access to crucial loan information.
Upgrading the machinery and equipment of your business can be a hefty expense and one you can address conveniently with the Bajaj Finserv machinery loan. With it, you can get approved for a sizable amount of up to Rs. 50 lakh* (*Inclusive of Insurance Premium, VAS Charges, Documentation Charges, Flexi fees and Processing Fees) to ensure that you get the equipment you need to take your enterprise to the next level.
This loan is easily available, so long as you meet our relaxed criteria and submit the basic documents needed. In fact, on meeting the terms, you get loan approval in under 48 hours*.
Eligibility criteria and documents required
You can qualify for a machinery loan easily as you only need to meet simple eligibility criteria and furnish minimal documentation.
Interest rate and fees applicable
The Bajaj Finserv machinery loan is a great option when you want to get equipment financing at a lower interest rate.
How to apply
Applying for our machinery loan is simple and time-efficient. You can apply for the machinery loan online by following these steps:
- 1 Click on ‘Apply Online’ to open the application form
- 2 Fill in basic details and verify the OTP sent to your registered mobile number
- 3 Enter your KYC and business details
- 4 Upload the bank statement for the last 6 months and submit the application form
Await contact from our representative with further loan processing instructions.