Industrial Equipment Loan Overview
LoanPao’s industrial equipment loans in India 2025 provide financing up to ₹5 crore at rates starting from 8.5% p.a. to purchase machinery, tools, or equipment for your business. With 500+ RBI-compliant partners, we ensure quick approvals and flexible repayment terms to boost your operational efficiency.
For business expansion, explore our Industrial Expansion Loan or Business Loan.
Benefits of Industrial Equipment Loan
High Loan Amounts
Avail up to ₹5 crore for heavy machinery purchases.
Quick Processing
Approvals in 5–10 days with minimal documentation.
Low Interest Rates
Rates from 8.5% p.a. for affordable EMIs.
Eligibility Criteria
| Criteria | Details |
|---|---|
| Business Type | MSMEs, proprietorships, partnerships, or companies |
| Turnover | Minimum ₹50 lakh p.a. |
| CIBIL Score | 700+ with good credit history |
| Business Vintage | Minimum 2 years |
| Collateral | Optional (equipment may serve as collateral) |
Check your eligibility with our CIBIL login tool.
Documents Required
- Identity Proof: Aadhaar, PAN (business/owner)
- Business Proof: GST registration, Udyam certificate
- Income Proof: ITR (2 years), audited financials
- Bank Statement: Last 12 months
- Equipment Details: Quotation or invoice
How to Apply
- Fill out the online application.
- Submit KYC, business, and equipment documents.
- Compare offers from 500+ lenders.
- Complete verification process.
- Receive funds in 5–10 days.
Apply now or call +91-999-163-4766.
Compare Industrial Equipment Loan Providers
| Provider | Interest Rate (p.a.) | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| Bank A | 8.5–10% | ₹10 lakh–₹5 crore | 1–7 years | 0.5–1% |
| Bank B | 9–11% | ₹5 lakh–₹3 crore | 1–5 years | 0.75–1.5% |
| NBFC C | 10–12% | ₹5 lakh–₹2 crore | 1–5 years | 1–2% |
Frequently Asked Questions
An industrial equipment loan is financing for purchasing machinery or equipment for business operations, offering up to ₹5 crore.
Business owners, MSMEs, or companies with a minimum turnover of ₹50 lakh p.a. and a CIBIL score of 700+ are eligible.
It can be used to purchase machinery, tools, or equipment for manufacturing, construction, or other industries.
Required documents include KYC, business registration, ITR (2 years), bank statements, and equipment quotations.
Approval typically takes 5–10 days with complete documentation.