Get structured loan assistance to help you purchase machinery and equipment for your industrial operations.
Covers Equipment Cost
Funds available for buying new or second-hand industrial machinery and production tools.
Flexible Repayment Period
Select within various repayment periods based on your business needs and financial planning.
Lower Interest Rates
Interest rates are often lower than standard business loans for eligible machinery purchases.
High Loan Amount
Eligible borrowers can access large funding amounts for capital-intensive equipment purchases.
Collateral-Based Option
Offers both secured and unsecured options depending on asset value and applicant profile.
GST-Inclusive Funding
Loan amount can include applicable GST on machinery purchase, reducing upfront costs.
| Document Type | Indian Resident | NRIs / PIOs |
|---|---|---|
|
Identity Proof |
PAN, Aadhaar Card, Passport, Voter ID, Driving Licence |
Passport with VISA, PIO Card |
|
Address Proof |
Utility Bill, Aadhaar Card, Voter ID |
Utility Bill, Business Address Proof |
|
Business Documents |
GST, Incorporation Certificate, MSME/Industrial Licence |
GST, Incorporation Certificate, MSME/Industrial Licence, Licence of Practice / Registration Certificate |
|
Financial Documents |
ITRs, Bank Statements, Balance Sheets |
ITRs, Salary slips, NRE/NRO bank statements |
|
Machinery Invoice |
Proforma invoice or dealer quotation |
Proforma invoice or dealer quotation |
|
Ownership Proof |
Asset documents used as collateral |
Lease Agreement, Title Deed |
Loans Disbursed
Years Experience
Extra Charges
Lending Partners
Check Your
Eligibility
Fill in your business details, and we’ll help match you with suitable loan providers.
Compare Loan
Options
Evaluate offers & interest rates from banks & NBFCs to choose the right lender.
Submit Required
Documents
Share your KYC, business related financials and documents for verification.
Get Loan
Approval
The lenders review your application and issue a sanction letter outlining loan terms.
Sign the
Agreement
Review the loan terms, sign the agreement and confirm how you wish to proceed.
Loan
Disbursement
After approval, the sanctioned amount is disbursed directly to your business account.
Get a quick estimate of your Industrial Loan monthly installments
Loan Amount
₹5,00,000
₹5,00,00,000
Rate of Interest
7% p.a.
15% p.a.
Loan Duration
1 Year
30 Years
12 Months
360 Months
*For representation purpose only. Final values may vary subject to bank’s policy.
Stay informed with expert tips, industry trends, and guides for smarter financial decisions.
May 30, 2025 • 5 min read
May 23, 2025 • 4 min read
Answers to help you better understand the Industrial Purchase loan and how to apply for one.