Overview of Machinery Loan in Dharuhera

Dharuhera, a prominent industrial hub in Haryana’s Rewari district, is ideal for businesses seeking to expand through equipment financing. Machinery loans in Dharuhera for 2025 offer funding for purchasing or upgrading industrial equipment, with competitive rates starting at 9.0% p.a. Lenders like SIDBI, Bajaj Finance, and HDFC Bank provide loans up to ₹5 crore with tenures up to 7 years. Loanpao helps Dharuhera businesses compare offers, check eligibility, and apply online, leveraging government schemes like MSME loans for eligible applicants.

Eligibility Criteria for Machinery Loan in Dharuhera

Criteria Details
Business Age Minimum 2 years of operation
Annual Turnover Minimum ₹50 lakh p.a.
Credit Score Minimum 650; higher scores improve terms
Business Type Proprietorship, partnership, or registered company
Residence Valid Dharuhera business address proof

Documents Required for Machinery Loan in Dharuhera

  • Identity Proof: Aadhaar, PAN Card, or Voter ID of business owner.
  • Address Proof: Utility bill, Aadhaar, or rental agreement (Dharuhera business address).
  • Business Proof: GST registration, business license, or partnership deed.
  • Financial Documents: ITR (last 2 years), bank statements (last 12 months), balance sheet.
  • Machinery Details: Quotation, invoice, or purchase order for equipment.

Benefits of Machinery Loan in Dharuhera

  • Loan amounts up to ₹5 crore for purchasing or upgrading machinery.
  • Competitive interest rates starting at 9.0% p.a. in 2025.
  • Flexible repayment tenures up to 7 years.
  • Government-backed MSME schemes for eligible Dharuhera businesses.
  • Quick disbursal within 7–15 days post-document verification.

Factors Affecting Machinery Loan in Dharuhera

Interest Rate

Rates range from 9.0% to 14% p.a., based on credit score and lender policies.

Loan Amount

Up to ₹5 crore, depending on business turnover, machinery cost, and repayment capacity.

Credit Score

A score above 650 ensures better rates; lower scores may increase costs.

Machinery Type

Loans for industrial equipment, CNC machines, or manufacturing tools are prioritized.

How to Apply for a Machinery Loan in Dharuhera

Follow these steps to apply for a machinery loan in Dharuhera through Loanpao:

  1. Visit loanpao.in and select "Machinery Loan in Dharuhera."
  2. Fill out the online application form with details (business name, Dharuhera address, turnover).
  3. Upload required documents (GST registration, financials, machinery quotation).
  4. Compare offers from top Dharuhera lenders like SIDBI, Bajaj, and HDFC.
  5. Get approval and funds disbursed within 7–15 days in Dharuhera.

Loan Eligibility for Machinery Loan in Dharuhera

Check your eligibility for a machinery loan in Dharuhera with Loanpao’s tool:

  • Enter your annual business turnover (minimum ₹50 lakh).
  • Provide your credit score (preferably above 650).
  • Specify your business type (proprietorship, partnership, or company).
  • Include your Dharuhera business address for localized offers.

Loanpao will assess your eligibility and suggest the best machinery loan offers in Dharuhera.

Check Eligibility Now

Track Your Machinery Loan Application in Dharuhera

Loanpao provides a seamless tracker for your machinery loan application:

  • Submit your application ID on the Loanpao Tracker page.
  • Get real-time updates on status (e.g., under review, approved, disbursed).
  • Receive notifications for disbursal updates in Dharuhera.
  • Contact Loanpao support for assistance with delays in Dharuhera.
Track Application Now

Machinery Loan Comparison in Dharuhera

Compare machinery loan offers from top lenders in Dharuhera:

Lender Interest Rate Loan Amount Tenure Processing Fee
SIDBI 9.0% p.a. Up to ₹2 crore Up to 7 years 0.5% of loan amount
Bajaj Finance 9.5% p.a. Up to ₹5 crore Up to 7 years 1% of loan amount
HDFC Bank 9.75% p.a. Up to ₹3 crore Up to 6 years 0.75% of loan amount

Frequently Asked Questions

A minimum annual turnover of ₹50 lakh is required for a machinery loan in Dharuhera.

Machinery loans in Dharuhera are disbursed within 7–15 days after document verification.

The maximum loan amount is up to ₹5 crore, depending on turnover and machinery cost.

Yes, eligible Dharuhera businesses can avail MSME scheme benefits for machinery loans.

Missing an EMI may incur late fees and negatively impact your credit score.