Get a Convenient Solution for Equipment Financing
Now upgrade your machinery to boost your business efficiency effortlessly. With Poonawalla Fincorp’s Machinery Loan, get a loan amount of up to ₹10 Crore at attractive interest rates with minimal documentation and quick approval.
Upgrade the existing equipment, implement new technology, stay updated with industry best practices, or expand business expansion with our Machinery Loan. Turn your dreams into reality in just a click. Apply now!
Why Choose Poonawalla Fincorp
Machinery Loan EMI Calculator
Take a step towards managing your finances effectively with our Machinery Loan EMI calculator. Calculate your EMIs and plan your budget. Just enter the loan amount, interest rate, and tenure. Try 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.
Machinery Loan Eligibility Criteria
Meet our simple eligibility criteria to qualify for the loan:
- Age - Between 25 and 65 years.
- Citizenship - Indian
- Business Vintage - At least 3 years
Documents Required for Machinery Loan
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.
Machinery Loan Interest Rate and Charges
Transform your business aspirations into a reality with competitive interest rate from Poonawalla Fincorp:
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
Machinery Loan Features and Benefits
Poonawalla Fincorp focuses on providing you with the best features and benefits:
- High Loan Amount: Get a loan amount up to ₹5 Crore to meet your business needs.
- Attractive Interest Rates: Avail of loan at competitive interest rates starting at 9.99%* p.a.
- Online Application: Apply online in just 3 simple steps from anywhere.
- Minimal Documentation: Submit the KYC documents, financial documents, and banking details.
- Quick Approval: Get the loan amount credited to your bank account instantly after verification.
- Flexible Repayment Tenure: Repay the loan at your convenience with a loan tenure of up to 60 months.
- Zero Foreclosure/Prepayment Charges: Prepay loan at no extra charges if paid from own sources.
- No Hidden Charges: Know all fees and charges at the time of application.
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.
Discover More with
Other Loan Options to Suit Your Needs
Discover More with
Other Loan Options to Suit Your Needs
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Poonawalla Fincorp’s
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machinery loan
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machinery loan
Frequently Asked Questions
Machinery Loan is a financing product designed for businesses with a vintage of at least 3 years to purchase machinery and equipment. It provides funds for the purchase of equipment essential for business operations.
To qualify for a Machinery Loan from Poonawalla Fincorp:
- You must be an Indian Citizen.
- Must be between 25 to 65 years of age.
- Have a minimum business vintage of 3 years.
You can avail of a Machinery Loan from Poonawalla Fincorp with a maximum loan amount of up to ₹10 Crore.
Poonawalla Fincorp offers attractive features and benefits:
- High Loan Amount of up ₹10 Crore.
- Competitive Interest Rate.
- Minimal Documentation.
- Flexible Repayment Tenure.
- Zero Hidden Charges.