Highlights
- Total transparency with no hidden charges.
- Funding of up to 75% of the asset cost.
- Attractive interest rates.
IDFC FIRST Bank Equipment Hypothecation Loan
With our equipment hypothecation loan, you can upgrade equipment, expand your business line, modernise your agri-processing business with latest machinery and do lots more! IDFC First Bank’s experts in SME can learn your business and help you expand it using our equipment hypothecation loan.
Loan financing for new and used equipment.
Doorstep collection; no cheques needed.
Wide range of equipment covered for funding.
No income proof (for loan up to Rs 4 lakh).
Benefits exclusively for you
Variety of equipment funded
- Get funded for any machinery that may help you expand your business yield such as agri and farm, power, irrigation, medical equipment, MSME equipment, etc.
Flexible loan amount
- Get financing for equipment from anywhere between Rs 25,000 to Rs 10 lakh.
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Key features:
- Buy brand new or used equipment.
- No need to submit any proof of income for a loan up to Rs 4 lakh.
- Get funded if you are a farmer or salaried/ self-employed individual.
- Cheques not required. We offer doorstep collection of instalments.
- Buy brand new or used equipment.
- No need to submit any proof of income for a loan up to Rs 4 lakh.
- Get funded if you are a farmer or salaried/ self-employed individual.
- Cheques not required. We offer doorstep collection of instalments.
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