Get a machine loan that is easy & quick.

Upgrade and expand your business potential with our hassle-free Machinery Loan solutions. Turn your dreams into reality in just a click.

Apply for Machine Loan Now!

Rating
A-Stable
ICRA & India Ratings
Partner
EFL is a RBI registered NBFC
Innovation
35+ Years of Innovation Inspired by You
Trust
50,000+ Machines
Financed
Presence
200+ Branches
across India

What is machine loan?

Machine loans are an attractive option for Micro, Small, and Medium Enterprises (MSMEs) because they allow them to get the funding they need quickly and easily. This can be especially helpful when you need immediate cash to ensure your business continues operating smoothly and efficiently.

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EFL Machine Loan

Features and benefits of a machinery loan

Maximum Loan Amount
Up to Rs. 3Cr
Loan Repayment Period
5 years Period
Flexible Interest Rate
Flexi Benefits
Faster Loan Disbursal
Within 3 working days
No Collateral Required
No additional collateral
Wide Range of Machinery
Multiple Machine Loan options
Check Eligibility

Our machine financing benefits

Looking for funding to invest in a new machine? We’ve got you covered. Our Machine Loan is for businesses with high-growth potential who need capital to buy new equipment or expand their operations. It’s also for companies looking to diversify their assets and start investing in physical assets instead of just cash.

Keeps your Cash Flow Strong and Steady
Our Machine Financing allows you to pay off the cost of your machine over time, using the profits from your business. This means that instead of using cash from other sources to finance your new equipment, you can use the profits from your own business—which will help keep your business’s cash flow strong & steady.
Reduces Stress on Working Capital
It helps you reduce the stress on your working capital by allowing you to get a loan for machinery purchase that you need to run your business—and this means fewer headaches for you!
Trusted by 35,000+ Businesses
Electronica Finance Limited is an RBI-registered non-banking financial company (NBFC). Our team knows what manufacturers need to succeed, and we have the knowledge and experience to ensure you get the best machine financing deal possible.
Purchase Expansion
If your business is growing but needs more capital than your current bank can offer, our loan against machinery can help you borrow additional funding for expansion projects.
Personalized Support
Our dedicated team of experts will work closely with you throughout the machine loan application process to ensure you get the best possible rate and payment plan that fits your business needs and budget.

Why choose our machine loan?

Transparent Application Process
Customized Nationwide Services
Unbeatable After Sales Support
No-Hassel Documentation
35+ Years of Experience

How to Apply For Machine Loan

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Apply Online

Click “Apply Now” on the top right corner of the Machine Loan product page.

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Enter Details

Enter details like company name, required loan amount, contact details, city etc.

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Submit Form

Once you have rechecked all the details entered in the form, click on “Submit”

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Get a Call

For further process & details, our tele calling team will call you within 24-48 hrs.

Apply for Machine Loan Now

What is the eligibility for machinery loan?

In order to apply for the loan, you will have to meet certain criteria. The common machinery loan eligibility criteria are as follows:

  • Bureau Score more than 700
  • At least one owned premises

Calculate Your Loan Eligibility
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Real Stories,

Real Impact

Watch what our happy customers have to say about their experience with EFL.

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FAQ's

What is machinery term loan?

A machinery term loan is a kind of credit facility that lets you borrow fund to lease, repair, buy and upgrade your machinery, which will in turn, improve your efficiency and productivity without putting a strain on your working capital.

How do we determine Loan eligibility?

We determine your loan eligibility by examining at your income, expenses, assets and credit score. We also look at the type of machine you are applying for and the manufacturer. If you have fair income and are financially responsible, we can help you get a loan.

How do I get a loan to buy equipment?

You can get a loan for machinery purchase with online lenders, banks, NBFCs and credit unions, or SBA lenders. With over 30 years of experience in the field, Electronica Finance Limited  is a leading provider of machine loans and other products to help boost your business.

How can I get a loan on machinery in India?
Getting a loan for machinery in India is simple. Many lenders offer MSME loans or business loans to advance businesses. There are four simple steps in this process: 1. Check for eligibility 2. Submit loan application 3. Await sanctioning 4. Acquire funds
What do I need to apply for a machine loan?
Once you fill out our loan application, our tele-calling team will connect you to check the viability. Once validated you need to provide financial statements, tax returns and other documentation mentioned in the documents required section to our local sales representative. We will review your application and contact if we require any additional information or documentation. Once the documents are verified, we will take a final call on loan approval/disbursement.

Testimonials

"Electronica Finance standby with us and helped in financing us with an excellent support when no banks and financial institution supported us. Thank you Team EFL!"

Shri Vishwakarma Mould
Mr. Nimesh Gajjar
Shri Vishwakarma Mould

"Electronica Finance understood my aspirations as an entrepreneur. With Electronica Finance all happened in lightning speed. Our company has because of EFL's support. "

Kokila Group
Mr. Arun Dhanpal
Kokila Group

"Electronica Finance gave us the much needed direction and finance and supported us all along the way in our journey. We owe our success to Electronica Finance. "

Triton Engineering
Mr. Satish K
Triton Engineering
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Toll Free Number:
1800 - 209 - 9718
Monday - Friday | 9.30 AM - 6.00 PM
Landline number :
020 - 67290700
Monday - Friday | 9.30 AM - 6.00 PM
Email Us:
customerfirst@efl.co.in
Drop an email for customer support

⚠️Fraud Disclaimer:

Electronica Finance cautions customers to stay alert against fraudulent activities. We communicate only through our official channels and never request upfront payments, confidential banking details, OTPs, or security information for loan processing. Customers should verify the identity of anyone claiming to represent Electronica Finance and avoid responding to suspicious calls, messages, or websites. Electronica Finance is not liable for any loss resulting from dealings with unauthorized individuals or fraudulent communications. Report any suspected fraud to our customer support immediately.

📍Registered Office:

Electronica Finance Limited. Audumbar, 101/1, Erandwane, Dr. Ketkar Road, Pune, Maharashtra, India - 411 004

Corporate Identity Number (CIN) – U74110PN1990PLC057017

📌NOTE: Open from 9:30 AM to 6:30 PM on all days, except on 2nd and 3rd Saturdays, Sundays, and other company-declared holidays.

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