Machinery/Equipment Loan

Title Description
Purpose For Purchase of New or Equipment
Type EMI
Eligibility Any Person or company who have good repaying capacities
Limit upto 75 % of Quotation in new Equipment and upto 50% of Quotation in old Equipment and 50 lacs whichever is less
Rate of Interest

For rate of Interest click here

Share Linking As per Bank rules
Security

Mortgage of Purchased Equipment

Guarantee One or two who have own property as per bank requirement