Equipment loans to
Technological empowerment is a critical factor for the growth of small and medium enterprises. Finance computers, LCDs, generators, office furniture and machinery — and consumer durables for the home — on the value of the product and your repayment capacity.
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- Ex-banker credit team
- Multi-lender comparison
Office Equipment & Consumer Loan, explained simply
Office equipment, consumer and machinery loans are given for purchasing products like computers, LCDs, generators, office furniture and machinery, on the basis of the value of the product and the repayment capacity of the customer.
For a business, financing equipment keeps working capital free, and both the interest and the depreciation on the asset reduce taxable profit. The calculator estimates your year-one tax shield.
- Computers, servers, printers, LCDs and projectors
- Generators, ACs and office furniture
- Consumer durables for the home
- Machinery loans against the machine itself
- Fixed EMIs; minimal documents
- Keeps working capital free for growth
Know your numbers before the bank does
Equipment loan tax shield Business
Year-1 tax shield = (interest + depreciation) × tax rate · Depreciation: computers 40%, plant & machinery 15%, furniture 10% (WDV)
Indicative estimate using standard lending formulas and editable default rates. Final amount, rate and terms are decided by the lender after appraisal.
EMI calculator Formula
EMI = P × r × (1+r)ⁿ ÷ [(1+r)ⁿ − 1] · r = annual rate ÷ 12 ÷ 100 · n = months
Indicative estimate using standard lending formulas and editable default rates. Final amount, rate and terms are decided by the lender after appraisal.
Who qualifies
Business Criteria
- Proprietorship, partnership or company with ITRs
- Healthy banking and repayment track
Individuals (consumer loans) Criteria
- Salaried or self-employed with regular income
- Age and income as per lender policy
What you'll need
- Photograph of all applicants
- KYC: PAN card + Aadhaar / Passport / Driving Licence
- Residence proof: Passport / Voter ID / Driving Licence / recent electricity or telephone bill
- Office proof: GST registration / Udyam certificate / utility bill of the premises
- Income proof: last 2 years ITR with computation of income and financials
- Bank statement: last 6 months of the main business account
- Constitution proof: MOA–AOA / partnership deed (for companies and firms)
- Existing loans: repayment schedules / sanction letters of all running loans
- Quotation / proforma invoice of the equipment
- Photograph of all applicants
- KYC: PAN card + Aadhaar / Passport / Driving Licence
- Residence proof: Passport / Voter ID / Driving Licence / recent utility bill
- Employment proof: Employee ID / appointment letter / Form 16
- Income proof: last 3 months' salary slips
- Bank statement: last 6 months of the salary account
- Existing loans: repayment schedules of all running loans
- Quotation / proforma invoice of the product
Tip: use our document checklist builder to tick off what you have and send the pending list to us on WhatsApp.
When this loan is the right tool
From first question to disbursal, in four steps
Check eligibility
Use a calculator or the 3-step check. No effect on your credit score.
Share documents
Our checklist tells you exactly what's needed — send it on WhatsApp or drop it at our office.
Ex-banker pre-check
Our in-house credit team reviews your file and selects the lenders most likely to approve at the best rate.
Sanction & disbursal
We follow up with the lender until the money is in your account — and stay for after-sales support.
Office Equipment & Consumer Loan: your questions answered
Computers, LCDs, generators, office furniture, machinery and consumer durables such as appliances.
On the value of the product (as per quotation) and your repayment capacity.
Your working capital stays in the business, and for businesses both interest and depreciation reduce taxable profit.
Under the Income-tax Act, computers and software generally carry 40% depreciation and general plant & machinery 15% (written-down value). Confirm with your CA for your asset.
Usually the equipment itself is hypothecated; no property is needed for typical amounts.
Yes, salaried and self-employed individuals can finance home appliances and electronics.
KYC, income proof, bank statement and the quotation / proforma invoice.
Yes, subject to valuation by the lender.
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Apply for office equipment & consumer loan with an ex-banker on your side
One conversation, many lenders. We pre-check your file, negotiate the rate and stay with you after disbursal.
- WhatsApp+91 98717 48555
- Office011-45123555
- Emailsandeep@bhavyaa.com
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