|Machinery & Asset Purchase Loan Highlights
|24 to 30 % (on a reducing principal balance basis)
|5 lakhs to Rs 25 lakhs (Based on the risk profile of the Borrower at the time of sanction)
|1 year to 5 years
|Charges as Applicable
* Rent agreement to be provided along with electricity bill if business premises is rented premises
Type of financing that allows a business to purchase new or used equipment, machinery, or other assets.
Kindly note that you do not have to pay any money to any Svakarma officers or other agents to have your loan processed. Subject to sanction, we charge the following fees: