MACHINERY LOAN
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Why Choose AdVision Financial Services For all Your Loan Needs?
Loan Up to ₹25,00,000
Get substantial loan amounts to fulfill all your personal needs
Flexible Tenure
Choose repayment period from 12 to 60 months as per your convenience
Instant Approval
Quick processing and instant approval with fast disbursal to your account
Flexible Tenure
Choose repayment period from 12 to 60 months as per your convenience
Minimal Documentation
Simple paperwork and easy verificationasy verification process process
Attractive Interest Rates
Competitive rates starting from 10.25% p.a. based on your profile
Eligibility Criteria & Required Documents
General Criteria
KYC Documents
Income tax returns (ITR) for the last 3 years
Business ownership proof
Proforma invoice of the machinery purchase
Bank statements for the last 6 months
Required Documents
Applicant must be between 21 and 65 years of age
A credit score of 650 or higher
Minimum business vintage of 3 years
Features of Loan against Property
Wide range of machinery and equipment loan options
Loan amount from ₹5 Lakh to ₹5 Crore
Digital process with minimal documentation
Tenure from 12 to 60 months
Loans up to 100% of equipment price
Rate of Interest starting from 12% onwards
Easy disbursal with no additional collateral
Customized repayment with flexible foreclosure options
Wide Range Of Machinery & Equipment Financing Options
Application Process
STEP 1
Fill Online Form
Complete the simple application form with your personal and employment details
STEP 2
Upload Documents
Submit required documents digitally for quick verification
STEP 3
Get Instant Approval
Receive approval decision within minutes based on your profile
STEP 4
Receive Funds
Loan amount disbursed directly to your bank account within 24 hours
Calculate Your Savings With AdVision EMI Calculator
Loan Details
EMI Breakdown
Total Amount
₹ 6,00,000
Monthly EMI
₹ 13,347
Total Interest
₹ 2,00,800
Total Payable
₹ 8,00,800
Loan Summary
Loan Amount :
₹ 6,00,000
Interest Rate (p.a.) :
12.00%
Loan Tenure :
5 Yrs
Total Interest :
₹ 2,00,800
Terms & Conditions
Interest rates are subject to the applicant's credit profile, income level, and credit score.
Processing fees range from 1% to 3% of the loan amount and will be deducted from the disbursed amount.
Prepayment charges may apply if the loan is closed before the end of the tenure (typically 2-4% of outstanding).
Late payment charges will be levied on EMIs not paid by the due date.
The bank reserves the right to approve or reject any loan application at its sole discretion.
Loan disbursal is subject to documentation verification and approval by the credit team.
Applicants must maintain a satisfactory credit history throughout the loan tenure.
For complete terms and conditions, please refer to the loan agreement document provided during the application process.