Machinery Loan

Online Credit India arranges Machinery Loan to customers. This loan can be provided for purchase new machine. You can save money for the day to day working capital requirement in business by avail machinery loan.

Secured – Machinery Loan

We provide Machinery Loan services to SME Enterprises and Small business to expand existing business or start other business. We believe that Indian company is still not getting proper finance solution for purchase machinery.

Key Features & Product Facility

  • Loan available against residential, commercial, industrial or land property.
  • Loan can be also provided for purchase machine from other country.
  • Loan amount available from Rs. 05 Lakhs to Rs. 25 Cr.
  • Loan term offeredv up to 10 Years.
  • Interest rate and processing fee will be depending based on the schemes selected by the borrower.



    • Loan Eligibility Criteria

  • Sole Proprietorship, Partnership, Private limited, Public limited Companies can apply.
  • Minimum 3 year business vintage required.
  • Latest 2 years audited ITR required.
  • Individual’s age limit should be between 21 years to 60 years.

    • * Note : All final terms & condition will be as per selected Bank or NBFC policy.

    Unsecured – Machinery Loan

    We provide Machinery Loan services to SME Enterprises and Small business to expand existing business or start other business. We believe that Indian company is still not getting proper finance solution for purchase machinery.

    Key Features & Product Facility

  • No any property collateral required for loan. Only purchased machine will hypothecated
  • Loan can be also provided for purchase machine from other country.
  • Loan amount available from Rs. 05 Lakhs to Rs. 2 Cr.
  • Loan term offeredv up to 5 Years.
  • Interest rate and processing fee will be depending based on the schemes selected by the borrower.



    • Loan Eligibility Criteria

  • Sole Proprietorship Firms,Partnership Firms, Private limited Companies, Public limited Companies can apply.
  • Minimum 3 year business vintage required.
  • Latest 3 years ITR required.
  • More than 20 lakh loan latest audited ITR required
  • Individual’s age limit should be between 21 years to 60 years.

    • * Note : All final terms & condition will be as per selected Bank or NBFC policy.

    Please fill loan Inquiry form for any Machinery Loan requirement. Online Credit India representative will call within 48 hours after received your inquiry.