Online Machinery Loan

Online Machinery Loan for Industrial Equipment

Check useful insights before applying for equipment financing.

With constant high demand and changes in customer behaviour & preferences, businesses need a perfect balance between skilled manpower and the latest machinery. The latest machinery ensures that businesses meet the demands of the customers and improves efficiency. Machinery Loan in India is one of the popular loan options amongst new-age entrepreneurs.

Currently in India there are many machineries finance companies who provides loan for machinery purchase. Poonawalla Fincorp understands the requirements of new-age entrepreneurs and their businesses. Our tailor-made Machine Loan is designed to enable you to purchase the latest machinery to boost your sales and profits and improve your efficiency. Whether you are expanding your business, looking to upgrade your equipment, or stay updated with the best practices in the industry, a Machinery Loan is best to provide that required boost to your business. With our transparent loan process, you can avail of a Machine Loan of up to ₹5 Crore hassle-free. Understanding the time crunch, Poonawalla Fincorp’s Machine Loan offers a list of exclusive features dedicated to our customers. Features such as attractive interest rates, no hidden charges, hassle-free process, longer repayment tenure, and higher loan amount make Poonawalla Fincorp’s Machinery Loan one of the best options.

Why choose Poonawalla Fincorp Machinery Loan?


  • Higher loan amount of up to ₹5 Crore
  • Competitive interest rates
  • Tenure of up to 60 months
  • Loan to Value Up to 80% of Invoice Value
  • No hidden charges ensuring complete transparency
  • Minimal documentation for hassle-free process

Interest Rate

Interest rate starting from 9.99%* p.a

Repayment

Flexible repayment tenure from 1 year to 5 years

Example

Loan Amount ₹50 Lakh, Interest Rate: 11.5%, Tenure: 5 years, equates to EMI of ₹109,963 per month.

* T&C Apply

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Insightful Machinery Loan Blogs Arrow Logo

Machinery Loan FAQ
6 Commonly Asked Machinery Loan Questions with Answers

Upgrading to advanced machinery enhances business growth, especially those who are heavily involved in manufacturing and production. Also, the constant requirement of capital to run a business makes it difficult for an entrepreneur to upgrade to advanced machinery instantly.

Equipment Loan
10 Reasons Why You Should Take an Equipment Loan

With a constant rise in competition, businesses must update themselves with the latest equipment. For any business, having the latest equipment is of utmost priority. It is the key to efficient production, reduced costs, and improved profitability.

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