Finance > Loans > Equipment loan
Equipment Loans
Equipment loan is an innovative retail loan product, initiated by quite a few banks to cater to the diverse needs of its customers. This loan category is comprehensive and can include construction farm equipment loans, medical equipment loans, office equipment loans etc. These loans are available at low interest rates and convenient EMIs. The amount of EMI will depend on a number of factors such as loan amount, tenure of loan, financial standing of the person taking the loan.Types of equipments loans are:
Construction Equipment Loans
- Having funded infrastructure for over 4 decades, we understand the need of the customers better.
- ICICI Bank offers attractive financial packages through our excellent distribution network.
- Our products are customised for new entrepreneur to large business houses.
- We have tie-up with leading construction equipment manufacturers for wide range of products.
- We take over existing high cost loans at competitive terms resulting in huge savings.
- Quick processing due to easy formalities and one time sanction of loans for disbursement over a period of time.
Medical Equipments Loans
Welcome to the Medical Loans section of ICICI Bank - one of the most trusted banks in India. If you are dissecting the market to find the best medical loan / hospital loan / nursing home loan that will help you offer the best medical services to your patients, you have landed at the right place. Diagnose the benefits of ICICI Bank Medical Equipment Loans.
Benefits of ICICI Bank Medical Equipment Loans
- A customer-friendly loan for:
- Purchase of new medical equipment
- Balance transfer of your existing medical equipment loan(s)
- Doorstep service for your Medical Equipment Loan
- Available at more than 250 locations across India
- Loan amount up to 85%* of the value of the invoice
- Attractive rates of interest
- Nominal processing fee of 1% of the loan amount
- Repayment period of 12 months to 60 months
- Repayment options through post-dated cheques / direct account debit mandate
As a top-notch professional, you are aware of the distinct advantages that the latest medical equipment can give your patients. ICICI Bank Medical Equipment Loans will support you in your effort to give the best to your patients. It's our humble way of being involved in a noble profession.
Key features are:
- Doorstep Service.
- Funding in more than 150 locations across the country.
- Competitive interest rates.
- Flexible repayment structure
Office equipment loans
Technology is a critical factor of growth for Small and Medium Enterprise. As a growing SME,you need to invest in superior Office Equipments to drive productivity and efficiency,specially in today's competitive world, where presentation and precision matters most.
Considering all these varied requirements of yours, we present ICICI Bank's Office Equipment Financing as a convenient and hassle-free way to procure the Equipment you need. Our simplified procedures and minimum documentation ensures easy funds.
This loan can be availed against any of these Equipments-
- IT assets like Pcs/Laptops/Servers/Routers/Switches/V-Sats etc.
- Air Conditioners.
- Gensets/UPS/Inverters.
- Copier/Printers/Scanners/Multi-Functional Devices.
- Solvent and Wide Format Printers.
- Color Labs.
- EPABX.
Farm Equipment Loans
- Preferred financier for almost all leading tractor manufacturers in the country.
- Indian agriculture equipment loans Financing farm equipments in over 381 locations spread across the country.
- indian farm equipment bank loans Fast processing of files with easy documentation.
- Indian farm equipment loans Flexible repayment options in tandem with the farmer's seasonal liquidity.
- Flexible farm equipment loans Monthly, Quarterly and Half-yearly and Yearly repayment patterns to choose from.
- low interest farm equipment loans Comfortable repayment tenures from 1 year to 9 years.
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