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Loan amount from Rs 1 Lakh to Rs 1 Cr | Loan Tenures from 1 to 5 years | Facility to top-up existing loans | Payouts -Up to 1% of Loan amount as Cashback
Machinery Loan can help you realise your dreams of having that perfect wedding to visiting your dream holiday destination. The loan can also help in meeting unexpected expenses and medical emergencies too. Here are some key features.
You can apply for Machinery Loans online; we let you know if you are eligible within some time. You can also make use of our Machinery loan call centre and find out if you qualify for a loan.
Our quick Machinery Loan is available for salaried individuals and self-employed professionals. You can borrow from Rs 1 Lakh to Rs 25 Lakhs basis your eligibility.
You can repay your Machinery Loan in tenures ranging between 1 and 5 years.*
You can borrow more money by using the top up facility available for existing users.
A Machinery Loan can finance your needs without having to wait for capital to accumulate. We establish eligibility criteria for a Machinery Loan based on few simple parameters. Your credit score and existing borrowings are also assessed to determine your repayment capacity.
For Self Employed Individuals:
For Salaried Individuals:
- Passport | Pan Card | Voter Identity Card | Driving License | Aadhaar card - Mandatory
- Ration Card | Passport | Bank Account Statement | Aadhaar Card | Driving License | Electricity Bill | Telephone Bill | Sale Deed/ Property Purchase Agreement (for owned properties)
-- For Salaried Individuals: Last 3 months/6 months’ bank statement (dependent on scheme) showing salary credits, Latest Salary Slip | For Self-Employed Individuals: 2 years' ITR, P&L and Balance Sheet for the last 2 years, Last 6 Months' Bank Statement
- For Self-Employed Individuals: Qualification Certificate/Certificate of Practice (COP), Shop Act License/ MOA & AOA/ Sales Tax/ Vat registration/ Partnership Deed
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