Boost Your Production With Better Equipment

Secure the right machinery with guidance from India’s trusted business loan facilitator. Get fast access to capital with expert-led support.

Quick Loan Approval

Quick

Loan

Approval

Interest rate

Interest Rates

14.00% p.a*

No hidden fees

Zero

Hidden

Costs

Machinery loan Satisfied customers

Machinery Loan Application

Fill out the details, and we’ll find the best loan options for you.

New home loan application

Secure Your Machinery Loan Now!

Loan Easy Apply

Machinery Loan Features & Benefits

Enable structured financing to help you invest in critical equipment and drive business operations.

Upgrade equipment

Upgrade Equipment

Buy or replace old machines with new, high-performance equipment that helps improve efficiency and grow your business faster.

Custome loan

Custom Loan Amounts

Whether expanding or replacing tools, choose a flexible loan size that aligns with your machinery requirement and business objectives.

Multiple options

Flexible Tenure Options

Repay over a timeline that suits your business growth. Choose shorter terms or extended tenures based on your repayment comfort.

Affordable fees

Affordable Interest Rate

We help you connect with fair interest rates loan providers, so your machinery investment stays within budget and profitable.

Rapid loan

Rapid Loan Disbursal

Avoid long waits. Once approved, the loan amount is released quickly so you can immediately proceed with your machinery purchase.

Multi industry use

Multi-Industry Use

These loans are designed to meet the equipment needs of various industries, helping businesses of every kind grow without financial strain.

Essential Documents

Document Type Indian Resident Non-Resident Indian (NRI)
Identity proof

Identity Proof

PAN, Aadhaar, Passport

Passport with Visa / PIO Card

Address proof

Address Proof

Utility Bills, Rent Agreement, Bank Passbook

Government-Issued Overseas Address

Income proof

Income Proof

Payslips, ITRs, Business License

Bank Statements, Payslips, ITRs

Employment proof

Business Docs

Purchase Invoice, Proof of Business

Business License, Overseas Proof

Minimal documentation

Other

GST, Photographs, Bank Statements

Embassy Attestation, Application Form

Years Of Experience

50 Cr+

Loan Facilitated

Years Of Loan Expertise

15+

Years of Expertise

No extra charges

₹0

Hidden Costs

Lenders Compared

30+

Finance Partners

Step-by-Step Machinery Loan Process

01

Determine
Eligibility

Provide essential information so we can identify suitable loan offers from multiple lenders.

02

Choose Financing
Options

Explore loan proposals from banks and NBFCs, compare rates, and pick the best fit.

03

Provide Required
Documents

Upload your KYC, proof of income, and machinery-related paperwork securely for assessment.

04

Receive
Approved

Financial institutions review your application and send a formal sanction letter detailing terms.

05

Execute
Agreement

Carefully review and sign the contract to move forward with the loan process.

06

Loan
Release

After approval, the sanctioned amount is transferred directly into your business account.

Machinery Loan EMI Calculator

Plan Your Equipment Financing!

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.

Monthly EMI

*

Total Amount Payable

*

Total Interest Payable

*

Test Your Machinery Loan Knowledge

1. What is a machinery loan used for?
Machinery Loan Insights

What Our Clients Say

Discover how we help clients achieve the full potential of their businesses by simplifying the machinery loan process, ensuring quick approvals, and personalised support.

BankEMI helped me secure a machinery loan with the best interest rates. Their connections with top banks made the process quick and easy, and I got the machinery I needed for my business without hassle.

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Vikram Patel

Rubber Factory Owner

I was struggling to find affordable machinery loans. BankEMI's expert guidance and their network with leading banks helped me get a loan with favourable terms. I’m now equipped with the right tools for growth.

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Sita Rani

Small Business Owner

Thanks to BankEMI, I found a great deal on a machinery loan that matched my budget. Their tie-ups with multiple banks made all the difference, and the whole process was seamless and stress-free.

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Manoj Kumar

Construction Contractor

I had trouble securing financing for new machinery. BankEMI’s expert advice and connections with over 30 banks helped me get a loan with a low interest rate. They made the whole experience so easy.

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Ravi Sharma

Entrepreneur

BankEMI guided me through the entire loan process, connecting me with the best lenders. Their deep knowledge of available rates helped me secure the ideal loan for my machinery, saving both time and money.

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Priya Joshi

Shoe Manufacturer

Educate Yourself & Your Wallet

Stay informed with expert tips, industry trends, and guides for smarter financial decisions.

Frequently Asked Questions

Let us clarify your doubts about the machinery loans and give answers about interest rates, terms, and eligibility requirements.

A Machinery Loan is a financial product that allows businesses to purchase or upgrade equipment and machinery by borrowing from a bank or financial institution. It helps businesses grow by providing the capital needed for essential equipment.

The loan approval process typically takes 3-7 working days, with disbursal within 72 hours of approval. We ensure a smooth and fast process to help you purchase your machinery quickly.

Businesses with a minimum of 3 years in operation and individuals with a minimum credit score of 650 are eligible. Self-employed professionals, small businesses, and large corporations can all apply.

Machinery loans can be used for various purposes, including the purchase of new equipment, upgrading old machinery, or expanding production capacity in industries like manufacturing, agriculture, and construction.

Yes, loan terms such as repayment periods and interest rates can be customised to match your business needs and financial capability.

Unlock tailored loans to purchase latest machinery with BankEMI.

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