Machinery Loan

Loan amount from Rs. 5 Lakhs to Rs. 50 Lakhs

Machinery Loan

Machinery and investment in technology are integral to a business organization; be it for the day-to-day operations, which requires latest machinery and updated technology, or for the core operations. RattanIndia Finance enables machinery loan under the ambit of business loan that facilitates purchase of machinery, equipment and investment in latest technology and it also covers the repair expenses.

These loans are indispensable for all business ventures but spearhead the operations in micro and small-scale manufacturing companies where the core operations are dependent on machinery and equipment. Expenses on machinery are regular and cannot be neglected as it lays the foundation of business products or services.

At RattanIndia Finance, machinery loan is offered to assist business organizations to meet such expenses without halting the productivity of their services.

Eligibility & Documents

Age
  • Minimum of 28 years
  • Maximum of 65 years
Who can apply?
  • Sole Proprietorship
  • Partnership Firm
  • Private Limited Companies
  • Closely Held Public Listed Companies
  • Societies
  • Trusts
Business Profitability
  • Business should be in the profitable state for the last 2 consecutive years.
Company Financials
  • Complete financials including Balance sheet and Profit & Loss statement of last 2 years, Tax audit reports.
  • Last Six months bank statement

Documents

We are flexible and transparent in our approach and provide business loan with minimum required documents:

Identity Proof Any one of the following:
  • Aadhaar Card
  • PAN Card
  • Driving License
  • Voter ID
  • Passport
Address Proof Any one of the following:
  • Aadhaar Card
  • Voter ID
  • Passport
  • Bank Statement (Bank Account Passbook updated and of recent three months)
  • Registered Rent Agreement
  • Utility Bills
Ownership Proof
  • Proof of ownership of residential or commercial property
Financials
  • Complete financials including Income Tax Return of latest 2 years, Balance Sheet, Profit and Loss Statement, Tax audit reports
Other Documents
  • Loan application form
  • Passport Size photograph
  • Ownership documents
  • Proof of business loan documents issued by statutory authorities

Personal Loan

Loan amount from Rs 1 Lakhs to Rs 25 Lakhs

Loan Against Property

Loan amount from Rs 5 lakhs to Rs 10 Crores

Corporate Lending

Special Situation and Acquisition Financing