Avail Machinery Loan Online for MSMEs
Boost your business’ productivity with high-tech machinery. Buy the latest machinery to upscale your operations with a Machinery Loan from Poonawalla Fincorp. Access substantial funds of up to ₹10 Crore with minimal documentation and quick approval.
Unlock multiple benefits, such as competitive interest rate, flexible tenure and a hassle-free application process. Apply now!
Why Choose Poonawalla Fincorp
Machinery Loan EMI Calculator
Pre-plan your monthly repayment with our free EMI Calculator. Just enter the required values – loan amount, tenure, and interest rate to get the EMI amount and total interest outgo instantly. Calculate now!
Apply for a Machinery Loan in Just 3 Steps
Click on '‘Apply Now’'
Tap the “Apply Now” button to initiate your application.
Enter Details
Enter your personal, contact, business and other details.
Upload Documents
Upload the necessary documents for quicker approval.
On successful verification, the loan amount will be disbursed into your bank account instantly.
Eligibility Criteria for a Machinery Loan for MSMEs
Fulfil our simple eligibility details:
- Age: Between 25 and 65 years
- Nationality: Indian citizenship
- Business Vintage: At least 3 years
Documents Required for a Machinery Loan for MSME
Submit these documents to get a Machinery Loan:
- KYC Documents: Aadhaar Card, PAN Card, Voter Card, Driving License, Passport, etc.
- Financial Documents: 2 years’ ITR, Audit Reports, P&L Statement, Balance Sheet, etc.
- Banking Details: 6 months’ bank statement and loan sanction letters
Click to know more about the documentation in detail.
Interest Rate and Charges for Equipment Loan for MSMEs
Enjoy our affordable interest rate and nominal charges:
4% If paid from other sources.
Default Charges: Penalty will be charged for nonpayment of EMI amount and for non-compliance of material terms and conditions, as more particularly specified at Default Charges.pdf
*T&C Apply
Different Uses of Machinery Loans for MSMEs
- Purchase high-tech machinery
- Repair existing equipment
- Acquire the latest technology
- Upgrade existing machinery or tools
Who Can Get an Online Machinery Equipment Loan
- Small Traders
- Auto Repair Garages
- Educational Institutions
- Beauty Parlours
- X-ray Clinics
- Handicraft Shops
- Electronics Shops
- Furniture Makers
Tips for Successful MSME Machinery Loan Application
- Build a solid plan to increase business efficiency
- Check the eligibility criteria
- Select the right loan amount
- Increase your credit score
- Reduce Debt-to-Income Ratio
Happy Customers, Happy Us


I opted for a Loan Against Property balance transfer with Poonawalla Fincorp, and the experience exceeded my expectations. The application process was completely digital, quick, and required minimal paperwork. Getting a significantly lower interest rate helped me reinvest in my business. With better financial flexibility, I was able to scale operations efficiently, leading to a 30% increase in business turnover. Poonawalla Fincorp made the entire journey stress-free, and I highly recommend their services to any business owner looking for smart financial solutions.


Poonawalla Fincorp’s Pre-owned Car Loan made the entire financing process effortless. The loan approval was quick, and the minimal documentation made it even more convenient. Within just a couple of days, the funds were disbursed, allowing me to purchase a well-maintained pre-owned vehicle without any hassle. The repayment options were flexible, and the entire experience was seamless. Thanks to Poonawalla Fincorp, I could get my car without any financial strain. Highly recommended!


Securing a loan to purchase a commercial property with rental income was crucial for my business. Having previously worked with Poonawalla Fincorp, I was confident in their services. The process was incredibly smooth and transparent. The quick disbursement and excellent post-sales support made the entire experience stress-free. Thanks to Poonawalla Fincorp, I now own a prime commercial property in Mumbai, which has significantly boosted my business. Their quick turnaround time and excellent post-sales support made all the difference. I wholeheartedly recommend them to anyone in need.


I had a great experience with Poonawalla Fincorp’s Pre-owned Car Loan. The offered loan amount was as per my expectations, and the entire process was smooth and hassle-free. The documentation was minimal, and the loan was disbursed in just two days! What stood out was the flexibility—repayment was easy, and the EMI structure was well-planned. The loan approval process was straightforward, making it convenient to get the car I wanted without any delays. Overall, the service was excellent, and I highly recommend Poonawalla Fincorp to anyone looking for an easy and quick loan process!


A friend in need, is a friend indeed. Poonawalla fincorp has been like one of those friends for me, who has supported me in my journey. With no hidden charges and no prepayment charges, the company has provided me with the adequate funds I needed for me professional practice. From the loan application process to the disbursal of funds, I did not face any problems. My experience was hassle-free and smooth. Not just me, all my fellow professionals and friends have had a wonderful experience with Poonawalla Fincorp’s Professional Loan.


I am practicing Chartered Accountant (CA) based out of Hubli. There were working capital issues that i was facing like upgrading my firm’s overall infrastructure, hiring well-qualified staff and digitization. Poonawalla fincorp hab been of great support when it comes to funding these requirements. I’ve got one of the best interest rates available in the market, my documentation process was fast & hassle-free. and the digital application process made it very simple to get a Professional Loan as a CA. I recommend to CAs to consider Poonawalla Fincorp for their working capital or any other funding requirements.


I run a chain of farmacy stores with 5 branches in pune. With the growing polpularity of home delivery, my customers were expecting the same from me as well. However, the extra capital requirement made it difficulf for me to hire delivery persons. With Poonawalla fincorp’s Business loan, I am now able to compete with online pharmacy retailers, manage working capital and upgrade my system. My customers have grown 50-60%. The loan applicatipn process is digital, simple and speedy. I was delighted to get my loan amount disbursed quickly, allowing me to upgrade my operationg seamlessly.
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Frequently Asked Questions
Any business owner who fulfils the following eligibility criteria is eligible to apply for a Machinery Loan for MSMEs:
- Age: Between 24 and 65 years
- Nationality: Indian citizenship
- Business Vintage: At least 3 years
With Poonawalla Fincorp, you only need to pay a nominal processing fee for your loan application. This charge amounts to 2% of your sanctioned loan amount.
You can avail a Machinery Loan between ₹5 Lakh and ₹10 Crore for your small or medium-sized business from Poonawalla Fincorp.