Machinery Loan for Individuals
Machinery Loan – For Individuals
Empower Your Business. Build Your Future.
Our Machinery Loan for Individuals provides development financing to encourage new, worthwhile businesses and to help existing ventures expand to an industrialized level. This facility is designed especially for young, hardworking, and passionate entrepreneurs—particularly those from rural areas or with low income levels—who are determined to grow their businesses and create sustainable income opportunities.
Who Can Apply
- Young and aspiring entrepreneurs
- Individuals based in rural areas
- Low income generating individuals
Loan Purposes
You can apply for a Machinery Loan to purchase:
- Jucki machines
- Wood cutting machines
- Cement block making machines
- Coconut husk chipper machines
- And other small-scale industrial machinery
Loan Details
| Feature | Details |
|---|---|
| Loan Amount | Rs. 25,000 – Rs. 150,000 |
| Repayment Period | 03 – 24 months |
| Monthly Rental | Customized according to your income and repayment capacity |
| Security Options | Guarantors / Mortgage / Pledge |
Why Choose This Loan
- Ideal for small-scale entrepreneurs
- Supports both new and expanding businesses
- Simple, flexible, and affordable repayment terms
- Encourages industrial and rural development
