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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instant business loan

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

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.

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