What is a machinery loan, and how does it work?

2 min read

A machinery loan is a credit facility that helps you borrow funds to buy, lease, repair or upgrade machinery. It is a type of business loan that enables you to improve your productivity and efficiency without compromising your working capital.

Meet our eligibility criteria to apply for a machinery loan and get the following benefits:

  • Collateral-free machinery loans up to Rs. 45 lakh at attractive interest rates
  • Flexible repayment tenor of up to 84 months
  • Convenient Flexi facility allowing you to manage cash flows better
  • Pre-approved offers that further simplify the process of getting the loan

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