We provides Machine Loans and Machine Refinance, for the purchase of machines, either new or used. These cover a wide range of metal cutting and metal forming machines, plastic machines, printing and packaging machines, and wood working machines. This also includes providing finances for all major brands under the generator and compressor segment as well The remarkable feature about these loans is the turnaround time, which is only 8 days.
Photograph - Latest Color Photograph
Identity Proof of Applicant
Signature Verification- PAN Card / Driving License / Passport / Bank Signature Verification
Electric Bill / Tax Bill / Water Bill / Possession Letter + Utility Bill / Power of Attorney + Utility Bill / Index copy + Utility Bill
KYC Documents
Existing facility sanction letter/ Repayment Track Record (RTR) of existing loan, if any
Original & Valid quotation of machine to be purchased
Bank Statement - Last 1 months’ bank statement of all bank accounts
Minimum Business Vintage 3 years
PropertyOwnership of at least 1 property is mandatory