Loan Amount
Up to ₹10 Crore
Interest Rate
9.10%* p.a. onwards
Loan Tenure
12-48 Months

Generator Loan Online EMI Calculator

Plan your monthly repayment budget with the help of our Machinery Loan EMI calculator for generator sets. Simply enter the loan amount, interest rates, and loan tenure to get instant results. Try now!

Optimise Your Machinery Loan Experience
With Monthly Budget Planning

Monthly Payable Amount₹8,791
Principal Amount
₹500000
Interest Payable
₹5,493

Loan Amount

Interest Rate

%
9.99%
15%

Tenure

Months
12 Months
72 Months

Why Choose Poonawalla Fincorp

High Loan
Amount
Competitive
Interest Rate
Online Application
Minimal
Documentation
Quick
Disbursal
Zero Hidden
Charges

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.

Get exclusive offers thoughtfully customised just for you

Submit minimal documents to apply for the loan:

  • KYC Documents: PAN card/Aadhaar card/Driving license/Voter ID/Passport.
  • Financial Documents: Last 2 years' financials containing ITR, Computation of Income, B/S, P&L, Audit Reports and Applicable Schedules.
  • Banking Details: Past 6 months’ bank statements of all active accounts (CA/CC/OD) and all live loans sanction letters/RPS/SOAs.

Click to know more about the required documents in detail.

Get Funds Quickly With
Minimal
Documentation

1

Click 'Apply Now' Fill out the online form to start your loan application.

2

Upload Documents Provide your KYC documents to complete the verification.

3

Get Funds Get the loan amount
disbursed to your bank account.

Happy Customers, Happy Us

Get exclusive access to simplified
Personal Finance
Information at
Poonawalla Fincorp’s FinHub

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Frequently Asked Questions

A genset loan or online generator loan is a specialized form of financing for businesses to acquire generator sets. Poonawalla Fincorp offers online generator loans at competitive interest rates and no hidden charges.

Any Indian citizen within the age range of 25 to 65 years and having a CIBIL score of at least 750 or higher is eligible to apply for an online generator loan. However, additional eligibility criteria may be set down by lenders.

 

You can easily apply for a genset loan online from the comfort of your home on the Poonawalla Fincorp website. Simply complete the application online by filling in the application form and submitting the required documents to secure up to ₹10 Crore at competitive interest rate.

Poonawalla Fincorp offers genset loans at competitive interest rates starting at 9.10%* p.a. and at a one-time processing fee of 2% + taxes.