About this funding solution
A standard bank machine loan is often the fastest route when a business already holds a banking relationship, since much of the KYC and credit assessment reuses existing records.
Pricing typically runs 9–13% per annum, secured against the machinery itself, with up to 80% of invoice value financed and tenure stretching 3–7 years depending on the asset's useful life.
Where this route differs from SIDBI or scheme-linked finance is flexibility — banks can structure tenure, moratorium and repayment around your specific cash flow rather than a fixed scheme template.
Typical secured machinery loan pricing from scheduled banks; final rate depends on relationship and credit profile.
Who is this solution for?
Fits businesses that want to keep financing within an existing bank relationship rather than route through a scheme.
- Have an existing current account or credit relationship with a bank
- Prefer a single-bank relationship over multi-lender scheme routes
- Buying machinery where SIDBI scheme criteria don't apply
- Need faster turnaround using an existing banking file
Why consider this funding route?
Relationship-based pricing
Leverages your existing banking history to negotiate rate and tenure.
Broad machine coverage
Applicable across manufacturing, printing, textile, food-processing and more.
Moratorium structuring
Repayment holiday negotiated for machines with a commissioning lag.
Multi-bank rate check
We benchmark your primary bank's offer against 3–4 alternatives before you sign.
How it works
Rate benchmarking
We pull comparative quotes from your bank and 3 alternatives.
File preparation
Financials and machine specs compiled into the lender's format.
Sanction
Bank issues terms; we negotiate rate, tenure and moratorium if needed.
Disbursal
Payment released to vendor on invoice, machine delivery confirmed.
Bank Equipment & Machinery Purchase Loan Calculator
Use the sliders below to get an indicative estimate. Final terms are subject to formal underwriting and lender / investor committee assessment.
FAQs
Not automatically — we still benchmark against other lenders, and use competing offers to negotiate your bank's terms.
Yes, particularly if the machine needs installation or commissioning time before it generates revenue.
We re-route the same file to an alternate bank or NBFC in our panel without restarting documentation from scratch.
SIDBI's SPEED/SPEED Plus schemes (8.8–10.5%) typically undercut standard bank machine loans (9–13%) for eligible MSMEs — we check SIDBI eligibility first.
Check Eligibility
Submit details. Our desk reviews profile variables and calls you back the same working day.