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What is a machinery term loan?

A machinery term loan is a loan for machinery or equipment used in production. It is an agreement where you pay back part of the money you borrow over a certain period of time.

Meet our eligibility criteria to apply for a machinery loan and get the following benefits:

Loan up to Rs. 7.5 lakh at lowest interest rates
Fund disbursal in 3 days after documents verification and approval
Flexible repayment tenor of up to 36 months
Online loan application process
No prepayment charges after first 6 EMIs (excluding pre-EMI)

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Your loan amount requirement?^*

upto 3 lacs

3 - 5 lacs

Above 5 lacs

First Name^*

Last Name^*

Mobile no.^*

E-mail Id

ZipLoan is the Lender of Choice for Small Businesses.

Minimal Documentation

No balance sheet needed

No Prepayment Charges

After first 6 EMIs

Receive Funds Within 3 Days^*

Straight into your account

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Solving Real problems

Ram Yadav

I have been running my business for over twelve years but have not been able to undertake expansion activities. I applied to Ziploan and they cleared my loan application in a very short span of time.

Kanchan Lata

I approached Ziploan for an equipment finance loan. Their eligibility criterion was easy to fulfill because it required only 2 years ITR and 10 lacs of annual banking credit.

Babu Lal

I always thought that loans and credit facilities were only available to large businesses with significant turnover. I never thought I would be eligible to qualify for a business loan too. Ziploan is boon for small enterprises like me.

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