What is the interest rates on machinery loan?

Ziploan offers short-term financing on equipment at competitive rates. With fast document verification and online process, we help small businesses get machinery loans quickly and affordably. Our machinery loan interest rates generally range from 1-1.5% per month(Flat). The exact interest rate will be communicated to you after credit analysis of your financial profile.

Equipment loans for business owners can be a great way to purchase new equipment or upgrade an existing one. You can apply for a machinery loan online in minutes and receive approval within 24 hours. Our lenders will review all applications thoroughly before making decisions.

Following are the benefits of availing of a machinery loan from us:

• 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 the first 6 EMIs (excluding pre-EMI)