Machinery/Equipment Loan
| Title | Description |
| Purpose | For Purchase of New or Equipment |
| Type | EMI |
| Eligibility | Any Person or company who have good repaying capacities |
| Limit | upto 75 % of Quotation in new Equipment and upto 50% of Quotation in old Equipment and 50 lacs whichever is less |
| Rate of Interest |
For rate of Interest click here |
| Share Linking | As per Bank rules |
| Security |
Mortgage of Purchased Equipment |
| Guarantee | One or two who have own property as per bank requirement |