Call Us: +91-7827945952

Email us: sales@capayouts.com

img

Provider Of Machinery Loan

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 Features & Benefits

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.

- Easy Application

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.

- High Disbursal Amount

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.

- Flexible Tenures

You can repay your Machinery Loan in tenures ranging between 1 and 5 years.*

- Borrow more if you need

You can borrow more money by using the top up facility available for existing users.

Machinery Loan Eligibility Criteria

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:

  1. The business must have been in existence for a minimum period of 3 years2.
  2. The company’s profit after tax (PAT) for the last two years should be positive3.
  3. Minimum Age: 28 years; Maximum Age: 68 years, at the time of loan maturity

For Salaried Individuals:

  1. Minimum Age: 23 years; Maximum Age: 58 years, at the time of loan maturity

Document Required

Photo Identity Proof

- Passport | Pan Card | Voter Identity Card | Driving License | Aadhaar card - Mandatory

Address Proof – Office and Residence

- Ration Card | Passport | Bank Account Statement | Aadhaar Card | Driving License | Electricity Bill | Telephone Bill | Sale Deed/ Property Purchase Agreement (for owned properties)


Income Proof ( Self-attested copy of any one document* )
Salaried Individual

-- 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


Business Proof

- For Self-Employed Individuals: Qualification Certificate/Certificate of Practice (COP), Shop Act License/ MOA & AOA/ Sales Tax/ Vat registration/ Partnership Deed