To qualify for a Machine & Equipment Loan, you should be an established farmer, agribusiness, or agricultural enterprise with a proven financial history and the ability to repay. Whether you're a smallholder or a large agricultural firm, this loan is accessible with flexible terms.

Loan Amount Offer : Up to 80-90% of the cost of the machinery or equipment you wish to purchase.

7% to 15% per annum (depending on the lender and the borrower's profile).

3 to 7 years

KYC Documents:

• Aadhar Card (with current address)
• PAN Card
• Utility Bills (Electricity, Water, Gas)
• Photograph

Agricultural Land Ownership Proof:

• Land Title Deed or Ownership Certificate
• Land Lease Agreement (if applicable)
• Latest Land Revenue Receipt

Business Proof (if applicable):

• Agricultural Business Registration Certificate (if you have a registered business)
• GST Registration (if applicable)
• Proof of farming income or agribusiness operation (last 2-3 years)

Financial Documents:

Income Proof:

• Latest Income Tax Returns (ITR) for at least 2 years
• Bank Statements for the past 6-12 months (Personal or Business Account)

Profit & Loss Statement (for existing businesses)

Balance Sheet (for existing businesses)

Collateral Documents (if applicable):

• Documents related to the machinery or equipment being purchased (e.g., manufacturer’s certificate, serial numbers, etc.), as this will be used as collateral for the loan.

• Preserve Capital: Secure the necessary equipment without draining your working capital, allowing you to focus on growing your business and improving operations.
• Enhanced Productivity: Modern machinery means better efficiency, increased productivity, and the ability to meet growing demands.