Online Machinery Loan

Machinery Loan for Industrial Equipment

Up to ₹5 Crore | Attractive Interest Rates | Minimal Documentation

Equipment financing is essential for any business to become a successful enterprise, and Poonawalla Fincorp’s Machinery Loan serves as an excellent option in this case. It is designed to help you purchase the latest machinery to boost sales, profit, and improve business efficiency.

Our Machinery Loan can be availed of to fulfil different business purposes. You can use it for business expansion, upgrading existing equipment, or staying updated with the best practices in the industry. Additionally, you can easily apply for the loan through a simple and quick online application process. Get ready to transform your business for the better with our equipment financing loan. Apply now!


Poonawalla Fincorp offers Machinery Loans at competitive interest rates starting from just 9.99% per annum. Our loan is a great option for those looking for affordable and convenient financing options for their machinery needs. To know more about the applicable charges, please refer to the table below:

Machinery Loan Interest Rates 9.99%* p.a. onwards
Loan Amount ₹5 Lakh to ₹5 Crore
Loan Processing Fees Up to 1% plus applicable taxes
Lowest EMI per month Starting from ₹2,124* per Lakh for 60 months
Loan Tenure 12 – 60 months
Prepayment/Foreclosure Charges 0%* If paid from own sources & 4% If paid from other sources
Default Interest 24% per annum
Repayment Instrument Dishonour Charges ₹500 per bounce plus applicable taxes
Stamp Duty At actuals (as per state)
Other Hidden Charges Nil
Age Requirement




Business Vintage

Business Vintage

  • Age - Applicant must be between 25 and 65 years of age
  • Citizenship - Indian
  • Business Vintage - Applicant must have a business vintage of at least 3 years

Here are the documents required for Equipment Loan Financing:

  • Income Proof

    PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport

  • Identity Proof

    Financial Documents

  • Address proof

    Banking Details

Note: Additional documents may be required at the time of loan processing. Please check the complete list from the ‘Eligibility & Documents’ webpage.

  • FInstant Disbursal

    Up to ₹5 Crore Loan Amount

  • Flexible EMIs

    Competitive Interest Rates

  • Flexible EMIs

    Tenure of Up to 60 Months

  • No Hidden Charges Present

    No Hidden Charges

  • Simple Documentation

    Minimal Documentation

What is a Machinery Loan?

Machinery Loan is a financing product that is designed to help businesses purchase machinery and equipment. It provides funds for the purchase of equipment that is essential for business operations.

What are the eligibility criteria for a Machinery Loan?

To be eligible for a Machinery Loan, the applicant must be an Indian citizen, between 25 and 65 years of age, and have a business vintage of at least 3 years.

What is the maximum loan amount that can be availed under a Machinery Loan?

The maximum loan amount that can be availed under a Machinery Loan from Poonawalla Fincorp is up to ₹5 Crore.

What are the major benefits of availing a Machinery Loan from Poonawalla Fincorp?

There are several benefits of availing a Machinery Loan from Poonawalla Fincorp. Some of the major ones include competitive interest rates, up to ₹5 Crore loan amount, tenure of up to 60 months, no hidden charges, and minimal documentation.

How can I apply for a Machinery Loan?

You can apply for a Machinery Loan by visiting our official website and filling out the online application form in just a few simple steps.

*Terms & Conditions Apply

Interest Rate

Interest rate starting from 9.99%* p.a


Flexible repayment period ranging from 12 to 60 months


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

* T&C Apply

How to Apply for a Machinery Loan within 5 Minutes? Arrow Logo

Semi Circle Logo
Laptop Logo

Apply Online

Click on ‘Apply Now’ and complete the application form

Semi Circle Logo
Document Required Logo

Submit Documents

Upload the necessary documents

Semi Circle Logo
Verfied Logo


Your application will be processed and sent for verification

Semi Circle Logo
timer logo

Quick Approval

After successful verification, the loan amount will be approved quickly

Semi Circle Logo
Payment Confirmation logo

Instant Disbursal

Authorise the disbursal of the approved loan amount directly to your bank account.

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.

Contact Us logo Quick Apply CIBIL Score logo Free CIBIL Whatsapp logo Connect on WhatsApp