Upgrade your equipment

to the latest technology

Choose HFS MSME Loan

Choose HFS MSME Loan

Quick & Easy Process
The entire application process involves just 3 simple steps — call us at your doorstep, apply for a loan, and get the funds in your account once you’re approved!
Flexible Repayment Tenures
You get a long repayment tenure of 5 years for Equipment & Machinery Loans. Choose the amount and tenure based on your business needs.
Basic Eligibility Criteria
As long as your annual income is over 1 Lakh in metro cities and 75,000 in non-metro cities, you are eligible to apply for our Equipment & Machinery Loan.
Doorstep Service
Simply book an appointment with us online and an HFS executive will visit you to answer your questions about Machinery & Equipment Loans.

It takes just 3 simple steps

Call us at your doorstep

Instant loan decisioning

Get funds in your account

How does it work?

Smart
Smart Business Loan
No security needed
You don’t need to mortgage any of your assets. As long as you’re eligible, you can avail unsecured loans easily.
Easy credit up to ₹25 Lakhs
Increase the working capital in your daily business operations. Unsecured loans will give you credit up to ₹25 Lakh.
Repay your loan in 5 years
Our flexible tenure ranges from 1 – 5 years. Get the most advanced machinery without worrying about the funds.
Low interest rates
We offer loans at affordable interest rates which vary depending on the amount and repayment tenure.
Doorstep service
Apply for a loan online and our executives will be happy to visit you for in-person assistance.
Secured
Secured Business Loan
Loan up to 70% of your property
In case of secured loans, you’re eligible to get up to 70% of the market value of your property.
Larger credit worth up to ₹2 Crores
As long as you have the necessary collateral, we can offer you a larger loan amount up to ₹2 Crores.
Longer repayment tenure
In case you opt for a secured loan, you can enjoy a longer repayment tenure as per your business needs.
Low interest rates
Our secured business loans have a reasonable rate of interest which varies as per the total amount and tenure.
Balance transfer facility
Avail the option of transferring your loan at any point during your tenure to relieve yourself of high-cost EMIs.

Meet various business needs

Buy the latest equipment for your business
Maintain existing equipment for smooth functioning
Enhance existing machinery for better performance

Get started with minimal paperwork

Self-Employed Individuals include Sole Proprietors and Partners/Directors in firms that are in the Manufacturing, Trading or Service sectors.

Documents you need to submit:

Identity Proof:

Passport / Voters ID / Driving License / PAN Card / Aadhar Card

Address Proof:

Driving License / Voter ID / Utility Bill (Last 2 months) / Registered Rental Agreement / Passport

Financial Statements:

Last 6 months' bank statements / Last 6 months’ bank passbook, Latest ITR along with computation of income, Last 2 years’ B/S & P&L a/c certified by a CA

Business Continuity Proof:

Shops and Establishment License / GST Registration Certificate / VAT Returns / Sales Tax Returns

Incorporation Documents:

Certified copy of Partnership Deed, Certified copy of MOA / AOA

Documents for Secured Business Loans:

Copy of all property documents

Eligibility Criteria :

You must meet our basic eligibility criteria to apply for a Machinery & Equipment Loan:

Documents required

Minimum age: 21 years
Minimum years in business: 3 years
Minimum annual income: ₹2,00,000
Private Limited Cos and Partnership Firms are those in the Manufacturing, Trading or Services sectors

Documents you need to submit:

Identity cum Business Continuity Proof:

PAN Card / S&E License / Tax Returns / Utility Bill

Address Proof:

Last 2 months’ Utility Bill / Registered Rental Agreement

Financial Statements:

Last 6 months' bank statements / Last 6 months’ bank passbook, Latest ITR along with computation of income, Last 2 years’ B/S & P&L a/c certified by a CA

Incorporation Documents:

Certified copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association

Documents for Secured Business Loans:

Copy of all property documents

Eligibility Criteria :

Your company or partnership must meet our basic eligibility criteria to apply for a Machinery & Equipment Loan:

Documents required

Minimum years in business: 3 years
Minimum annual income: ₹2,00,000
Business should be in profit for the last 2 years
Self-Employed Professionals include Doctors, Chartered Accountants & Architects.

Documents you need to submit:

Identity Proof:

Passport / Voters ID / Driving License / PAN Card / Aadhar Card

Address Proof:

Driving License / Voter ID / Utility Bill (Last 2 months) / Registered Rental Agreement / Passport

Financial Statements:

Last 12 months' bank statements / Last 12 months’ bank passbook, Latest ITR along with computation of income, Last 2 years’ B/S & P&L a/c certified by a CA

Documents for Secured Business Loans:

Copy of all property documents

Eligibility Criteria :

You must meet our basic eligibility criteria to apply for a Machinery & Equipment Loan:

Documents required

Minimum age: 21 years
Minimum years in business: 3 years
Minimum annual income: ₹2,00,000
Self Employed (Individuals)
Self-Employed Individuals include Sole Proprietors and Partners/Directors in firms that are in the Manufacturing, Trading or Service sectors.

Documents you need to submit:

Identity Proof:

Passport / Voters ID / Driving License / PAN Card / Aadhar Card

Address Proof:

Driving License / Voter ID / Utility Bill (Last 2 months) / Registered Rental Agreement / Passport

Financial Statements:

Last 6 months' bank statements / Last 6 months’ bank passbook, Latest ITR along with computation of income, Last 2 years’ B/S & P&L a/c certified by a CA

Business Continuity Proof:

Shops and Establishment License / GST Registration Certificate / VAT Returns / Sales Tax Returns

Incorporation Documents:

Certified copy of Partnership Deed, Certified copy of MOA / AOA

Documents for Secured Business Loans:

Copy of all property documents

Eligibility Criteria :

You must meet our basic eligibility criteria to apply for a Machinery & Equipment Loan:

Documents required

Minimum age: 21 years
Minimum years in business: 3 years
Minimum annual income: ₹2,00,000
Private Limited Cos and Partnership Firms
Private Limited Cos and Partnership Firms are those in the Manufacturing, Trading or Services sectors

Documents you need to submit:

Identity cum Business Continuity Proof:

PAN Card / S&E License / Tax Returns / Utility Bill

Address Proof:

Last 2 months’ Utility Bill / Registered Rental Agreement

Financial Statements:

Last 6 months' bank statements / Last 6 months’ bank passbook, Latest ITR along with computation of income, Last 2 years’ B/S & P&L a/c certified by a CA

Incorporation Documents:

Certified copy of Partnership Deed, Certified true copy of Memorandum & Articles of Association

Documents for Secured Business Loans:

Copy of all property documents

Eligibility Criteria :

Your company or partnership must meet our basic eligibility criteria to apply for a Machinery & Equipment Loan:

Documents required

Minimum years in business: 3 years
Minimum annual income: ₹2,00,000
Business should be in profit for the last 2 years
Self-employed (Professionals)
Self-Employed Professionals include Doctors, Chartered Accountants & Architects.

Documents you need to submit:

Identity Proof:

Passport / Voters ID / Driving License / PAN Card / Aadhar Card

Address Proof:

Driving License / Voter ID / Utility Bill (Last 2 months) / Registered Rental Agreement / Passport

Financial Statements:

Last 12 months' bank statements / Last 12 months’ bank passbook, Latest ITR along with computation of income, Last 2 years’ B/S & P&L a/c certified by a CA

Documents for Secured Business Loans:

Copy of all property documents

Eligibility Criteria :

You must meet our basic eligibility criteria to apply for a Machinery & Equipment Loan:

Documents required

Minimum age: 21 years
Minimum years in business: 3 years
Minimum annual income: ₹2,00,000

Frequently asked questions

The kind of equipment and machinery a business uses in its operations has a huge impact on the production and sales, which further impacts revenue as well as customer satisfaction. It is therefore necessary to maintain existing equipment and to invest in newer machinery so as to keep up with the latest technology used in the industry. An HFS Equipment and Machinery Loan gives you the funds you need to upgrade your machinery and boost your production speed and quality.

Simply click here to apply for an HFS loan. After you fill in your details, one of our executives will contact you for a home visit and answer any questions you may have. If you meet our eligibility criteria, you will receive the funds in your account within 24 hours of loan approval*.

We understand that small businesses may not be in a position to mortgage their property against a loan. That’s why we offer Smart Business Loans which do not require a guarantor or any form of security. As long as you are eligible, we will provide you with credit up to ₹25 Lakhs.

In the case of unsecured loans, we offer a flexible repayment tenure ranging from 1 – 5 years.

You can use your Equipment and Machinery Loan to buy new equipment for your business or revamp and maintain your existing machinery.

Shield your families from loan worries with HDFC life group credit protect insurance plans.

Shield your families from loan worries with HDFC life group credit protect insurance plans.

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