While every business desires to have the latest machinery to help them grow, it comes at a price. With increasing costs of the latest power tools, it is more difficult to upgrade your business and seek expansion today. However, taking a loan against property for machinery in India is a great way to stay above this challenge.
A loan against property for machinery is a type of loan that aids entrepreneurs and small business owners to procure machinery. It enables you to either purchase or upgrade your machinery, leading to increased production and higher profit margins.
There are several benefits and features of a loan against property for machinery, but here are the most notable one.
Applying for this loan is hassle-free and with our easy-to-meet
eligibility criteria and minimal documentation requirement. Following a
speedy approval process, eligible applicants can get the money disbursed
into their account in 72 hours*.
Another benefit of seeking a
loan against property from Bajaj Housing Finance
is the flexi-payment options borrowers enjoy. One can choose up to 18
years as their repayment tenor and take their time to repay the loan
while saving for their future.
*Note that the upper age limit is considered as age, at the time of loan maturity
To apply for a loan against property for machinery from us, follow the easy steps below:
Note: Not all documents can be uploaded, so you will need to submit some in person and that documentation needs may change, basis the lender’s discretion.
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Last update on 11-Mar-2021
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