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:
Bajaj Finserv offers a Machinery loan of up to ₹ 30 lakh to help companies continue running their business without any financial roadblocks
No need for a guarantor or any collateral to avail a Women’s Business Loan. Transparent policies with no hidden clauses.
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.
Benefits of a Flexi Loan Facility
Pay interest-only as monthly installment as compared to a term loan
Instant online facility to part prepay and withdraw (drawdown) through customer portal (Experia)
No limit on number of part pre-payments. No charges for part pre-payment
No charges for withdrawal (drawdown)
Flexibility to convert to term loan as per convenience
Bullet repayment option
No collateral/security required
No guarantors needed
On a regular basis, we introduce pre-approved machinery loan schemes which may include a top-up loan or discount in interest rates, etc.
On availing a loan for machinery or equipment from Bajaj Finserv, you will get online account access to all your loan information.
Business Loans Eligibility ✔ Documents Required for Business Loans ✔ Get Upto 30 Lakh in 2 days ✔ Mininum Documentation ✔ Collateral Free Loans ✔ Low Interest Rates ✔ Apply Online for Business Loan
The following entities are eligible for Machinery or Equipment loan 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:
We have an in-house business loan calculator to help you check your loan interest rate. The other charges are:
The part payment made should be more than 1 EMI. There are no part payment charges for flexi accounts.
If you want us to get back to you, just SMS BL to 9773633633.
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