Office Equipment Loan

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Office Equipment Loan

Submit your office equipment loan application to secure long-term financing for your business. Whether you need to purchase advanced machinery, expand operations, or establish a new industry, we offer Cash Credit, Term Loans, and Bank Guarantees. Easily apply for business loan online against collateral security like residential or commercial property. Our partner banks evaluate promoter profiles, net worth, and project feasibility to deliver the best rates.

Office Equipment Loan

  • Loans from Rs.25.00 lacs & above.
  • The loans are generally approved within 45 working days of Submission of complete documentation.
  • Term Loan tenure from 1 – 10 years.
  • Cash Credit/ overdraft limit renew every year.
  • Proprietorship/partnership/Pvt. Ltd company.
  • Age 25-65 years of main applicant.
  • Having good experience, net worth.
  • Able to invest min. 30% of total project cost.
  • Having Minimum 3 years old profitable company.
  • Title to the property should be clear and free from encumbrance, i.e.
  • Without any pending legal litigation adversely affecting the ownership of the property.
  • Photograph of main applicants
  • ID proof : Pan card/ Passport/c Driving License.
  • Signature Proof : Pan card/ Passport/Driving License.
  • Age Proof : Pan card/ Passport/Driving License/DOB Certificate.
  • Residence Proof : Passport/ Voter Card/Driving License/Ration Card/ Telephone Bill/ Electricity Bill.
  • Office Proof : Telephone Bill/ Sales Tax registration certificate/ Electricity Bill.
  • Ownership Proof : Electricity Bill/ Property Tax Paid Bill / Title Deed/ Municipal Tax/ Municipal Charge Bill / Receipt.
  • Income Proof : last 3 years audited financial along with audit report with all schedules.
  • Collateral Security : Property papers which are offered.
  • Project report in which mention detail of business, profile of Prompters, cost of project, projected financial for next 5 years.
  • Bank statement : main account last 6 month.
  • Sanction letter of existing Cash credit or overdraft limit availed by the company.
  • Constitution proof : MOA/ partnership deed.
  • Others : any Govt. registration like service tax, sales Tax, excise.
  • Loan Proof : Repayment Schedule of all running loans.
 

Rates

  • Quickly Contact Us to get the best deal.
 

Suitable For

  • To start new business/ industry.
  • Expansion of existing Business.

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