MACHINERY LOAN
Get Instant Machinery Financing with SIDBI EXPRESS
Designed for established MSMEs, EXPRESS offers quick approvals through a digital process, helping you finance machinery purchases with minimal documentation and faster access to funds.
Scale Manufacturing with SIDBI SPEED Machinery Loans
Finance larger machinery investments with higher loan limits, flexible repayment options, and funding that supports business expansion, modernization, and long-term growth.
FAST APPROVAL
Quick sanction of machinery loan through automated platform using GST returns, ITRs, Bank Statement and CIBIL score.
Loan amount up to Rs. 3 Crore with immediate in-principle offer.
Upto 100% financing with 25% security in the form of fixed deposit.
Processing fees of 0.50% plus applicable GST.
MCLR Linked attractive rate of Interest.
Repayment upto 60 months.
ELIGIBILITY
HIGH VALUE
Assistance for purchase of plant & machinery and miscellaneous fixed assets.
100% financing for loans upto Rs. 15 crore with security of 25% in form of fixed deposit.
Financing upto Rs. 15 crore subject to maximum of 75% of the project cost under promoter contribution model.
Financing for second hand/ refurbished machines also allowed subject to compliance of standard guidelines.
MCLR Linked attractive rate of Interest.
Repayment upto 84 months with moratorium upto 12 months.
ELIGIBILITY