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    Machine Loan

    Upgrade your business with LoanSeva’s Machine Loan, a tailored financial solution that helps you purchase new or used machinery and equipment without straining your capital. Designed for manufacturers, industrial units, and MSMEs, this loan enables you to enhance productivity, improve efficiency, and stay competitive in your industry.

    LoanSeva offers high loan amounts, attractive interest rates, and flexible repayment options to suit your business goals. Whether it’s machinery for production, packaging, or construction, we ensure quick approvals and minimal documentation to get your equipment up and running fast.

    Documents Required

    • ✅ PHOTOGRAPHS (2)
    • ✅ PAN CARD COPY
    • ✅ AADHAR CARD + PASSPORT
    • ✅ ADDRESS PROOF (IF RENTED, ALSO REQUIRED PERMANENT ADDRESS PROOF)
    • ✅ LAST 3 YEARS FORM-16, ITR WITH COMPUTATION OF INCOME (IF FILED)
    • ✅ LAST 1 YEAR BANK STATEMENT – SALARY ACCOUNT
    • ✅ LOAN SCHEDULE & SANCTION LETTER (IF RUNNING)
    • ✅ COMPLETE PROPERTY PAPERS WITH CHAIN & MAP + ATS
    • ✅ PROCESSING FEE CHEQUE IN FAVOUR OF BANK
    • ✅ MACHINE QUOTATION
    • ✅ ORDER IN HAND
    • ✅ LAST 3 MONTHS SALARY SLIP + APPOINTMENT LETTER
    • ✅ PHOTOGRAPH BOTH
    • ✅ PAN CARD CLEAR COPY – PROPRIETOR
    • ✅ ADDRESS PROOF (PASSPORT, VOTER ID CARD) – PROPRIETOR
    • ✅ OFFICE ADDRESS PROOF LATEST (ELECTRICITY BILL, TELEPHONE BILL)
    • ✅ FIRM REGISTRATION CERTIFICATES & GST REGISTRATION COPY
    • ✅ LAST 1 YEAR GST RETURN COPY
    • ✅ FIRM 3 YEARS ITR, COMPUTATION, PROFIT & LOSS A/C, BALANCE SHEET, TAX AUDIT REPORT, ALL SCHEDULES & ANNEXURES
    • ✅ PROVISIONAL FINANCIAL – AY 2019-20
    • ✅ BANK ACCOUNTS (CURRENT ACCOUNT, CC ACCOUNT, OD ACCOUNT – LAST 1 YEAR UPDATED)
    • ✅ 6 MONTH SAVING ACCOUNT STATEMENT UPDATED (PROPRIETOR)
    • ✅ IF RUNNING ANY LOAN – PLEASE PROVIDE SANCTION LETTER AND REPAYMENT SCHEDULE
    • ✅ AGREEMENT TO SELL COPY
    • ✅ PROPERTY PAPERS WITH CHAIN & SANCTION MAP
    • ✅ PHOTOGRAPH – ALL PARTNERS
    • ✅ PAN CARD – COMPANY, ALL PARTNERS
    • ✅ ADDRESS PROOF – ALL PARTNERS (PASSPORT, VOTER ID CARD, PAN, AADHAAR)
    • ✅ FIRM ADDRESS PROOF – LATEST ANY UTILITY BILL
    • ✅ PARTNERSHIP DEED COPY
    • ✅ GST CERTIFICATE
    • ✅ GST RETURN – LAST 1 YEAR
    • ✅ 3 YEARS COMPANY ITR, PROFIT & LOSS A/C, BALANCE SHEET + AUDIT REPORT (3CB/3CD), ALL ANNEXURES & SCHEDULES – CA CERTIFIED
    • ✅ PROVISIONAL FINANCIAL – AY 2019-20
    • ✅ 3 YEARS ALL PARTNERS’ INDIVIDUAL ITR + COMPUTATION
    • ✅ FIRM ALL ACCOUNT BANK STATEMENTS – 1 YEAR UPDATED
    • ✅ ALL PARTNERS’ SAVING ACCOUNT STATEMENTS – 6 MONTHS
    • ✅ IF RUNNING ANY LOAN – LATEST SANCTION LETTER + TRACK RECORD / REPAYMENT SCHEDULE
    • ✅ AGREEMENT TO SELL COPY
    • ✅ PROPERTY PAPERS COMPLETE CHAIN WITH MAP
    • ✅ MACHINE QUOTATION
    • ✅ ORDER IN HAND
    • ✅ ALL DIRECTORS PHOTOGRAPHS
    • ✅ CLEAR PAN CARD – COMPANY AND ALL DIRECTORS
    • ✅ ADDRESS PROOF – COMPANY AND DIRECTORS
    • ✅ LIST OF DIRECTORS & SHAREHOLDERS – CA CERTIFIED (AS ON DATE)
    • ✅ MEMORANDUM / ORDER IN HAND & COMPLETE COPY (IF APPLICABLE)
    • ✅ GST, SALE, VAT & SSI REGISTRATION CERTIFICATES
    • ✅ 1 YEAR GST RETURNS
    • ✅ ALL DIRECTORS’ INDIVIDUAL ITR & COMPUTATION – LAST 3 YEARS
    • ✅ LAST 3 YEARS COMPLETE FINANCIALS WITH TAX AUDIT REPORT & ANNEXURES
    • ✅ PROVISIONAL FINANCIAL – FY 2019-20 OR MONTH-WISE SALES FIGURE (LAST 1 YEAR)
    • ✅ COMPANY ALL BANK ACCOUNT STATEMENTS – 1 YEAR UPDATED
    • ✅ ALL DIRECTORS’ SAVINGS ACCOUNT STATEMENTS – 6 MONTHS
    • ✅ IF RUNNING ANY LOAN – LATEST SANCTION LETTER & REPAYMENT SCHEDULE
    • ✅ AGREEMENT TO SELL COPY
    • ✅ PROPERTY PAPERS COMPLETE CHAIN WITH SANCTION MAP
    • ✅ MACHINE QUOTATION
    • ✅ ORDER IN HAND

    Frequently Asked Questions

    A Machine Loan is a business financing option that helps companies buy new or pre-owned machinery and equipment for operations or expansion.

    Manufacturers, industrial businesses, MSMEs, and self-employed professionals engaged in production or fabrication can apply.

    The loan amount depends on the cost of the machinery, business turnover, and credit profile, typically covering up to 75–90% of the equipment value.

    LoanSeva offers both secured and unsecured options depending on your business profile and loan amount.

    Repayment terms are flexible and usually range from 12 months to 7 years.

    With LoanSeva’s fast processing system, Machine Loans are generally approved within 3–5 working days, subject to documentation.