Unlocking Your Business Potential with Printing Equipment Loans!
Crisp, clear, and vibrant prints are a must for modern businesses. From brochures to banners, your printing equipment is the key to impressive results. But quality equipment can be expensive. With the help of Printing Equipment Loans, businesses can avail funds to purchase or upgrade the gear, ensuring top-quality prints without financial stress. Printing Equipment Financing is a game-changer, regardless of your experience in the industry. Discover the benefits of Printing Equipment Loans and take the printing business to new heights.
EMI Calculator for a Printing Equipment Loan
Interest Rate & Charges for loan for printing machines
You can avail Printing Equipment Loan interest rates as low as 9.99% per annum. For a comprehensive view of fees and charges, see below:
|Interest Rates for Printing Equipment Loan
|9.99%* p.a. onwards
|₹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
|12 – 60 months
|0%* If paid from own sources & 4% If paid from other sources
|24% per annum
|Cheque Bounce Charges
|₹500 per bounce plus applicable taxes
|At actuals (as per state)
|No Other Hidden Charges
Eligibility Criteria & Documents for loan to Purchase Print Machines
Below are the factors that determine eligibility for Equipment Loan financing:
Minimum CIBIL Score
- Minimum CIBIL Score - A minimum CIBIL score of 650 or higher is required to be eligible for the Printing Equipment Financing.
- Age - The applicant must be between 24 and 65 years old when applying for the loan.
- Nationality - The applicant should hold Indian citizenship.
Documents Required for loan to Purchase Print Machines
Here are the documents required for Equipment Loan Financing:
- Income Proof: Documents showing your income, such as bank statements, salary slips, or income tax returns for self-employed individuals.
- Address Proof: Proof of your current residential address (e.g., utility bills, rental agreement).
- Identity Proof: Any valid government-issued photo ID (e.g., PAN Card, Aadhaar Card, Passport, Driving Licence, Voter ID).
- Business Proof: Relevant documents showcasing the existence and nature of your business.
How to Apply for a Loan for Printing Equipment within 5 Minutes?
Click on Apply Online and fill in the application form
Provide your basic details
Your application will be processed and sent for basic verification
Get your loan approved quickly
Your applied loan is ready for disbursal. Our representative will help you with post approval formalities.
FAQs Loan for Prinitng Equipment
*Terms & Conditions Apply