Machinery Loan
Empower your business with the right equipment!
MCPL offers Machinery Loans to help you purchase or upgrade machinery and boost your productivity without heavy upfront investment.
Key Features:
- Loan Amount: ₹50,000 to ₹2 Crore
- Repayment Tenure: 12 to 60 months
- Interest Rate: Competitive & flexible
- Collateral: Optional — machinery or other assets
- Fast Disbursal: Within 3–7 working days
- End-use: New machinery purchase, repair, or upgrade
Who Can Apply?
- Small & Medium Enterprises (SMEs)
- Manufacturers, Workshops, Fabricators
- Traders or Business Owners needing equipment for operations
- Industries like textile, packaging, food processing, engineering, etc.
Documents Required:
- Business Registration & KYC
- Quotation or Invoice of Machinery
- Latest 6–12 months bank statement
- ITRs or Audited Financials
- Owner's PAN & Aadhaar
Why Choose MCPL?
- Transparent process & quick approvals
- Flexible EMI options
- Direct vendor payments available
- Minimal paperwork
- Personalized support from our experts
