Bajaj Finance, an NBFC established in 1987 and headquartered in Pune, offers a machinery and equipment loan with interest rates ranging from 14% to 23%. The maximum loan amount is ₹80 lakh, with tenure between 12 and 96 months, and a prepayment penalty of 4.72% applies. Under the ECLGS 5.0 scheme, a sub-rate of 8% to 13% is available.
A Flexi facility charge of ₹999 to ₹16,999 is payable upfront. Required documentation includes KYC for the applicant and co-applicant, income proof, proof of business existence, 2 years of ITR plus 1 year of bank statements, and a machine quotation. Rate type, processing fee, minimum loan amount, minimum CIBIL score, and borrower age and salary requirements are not published for this product.
As published by Bajaj Finance. Your branch may ask for more.
Every row is date-stamped with the day we last checked it, and links to the lender’s published material so you can confirm it yourself. A row we confirmed against the source reads “Verified”; one we could only sight reads “as of”, and is not presented as confirmed. Anything we have not re-checked in 60 days is marked “rate under review” rather than left to look current. We do not claim a fixed re-checking cycle — the date on each row is the honest answer.
No. Viewing rates is not a credit enquiry and has no score impact. A hard enquiry happens only when you formally apply to a lender.