Bank Loan Provider
Product List
Address 1
Bankloan Provider Head Office (HO)
G-14, 5th floor, Swaminarayan Complex,
Beside ITC Building,Majuragate, Ring Road,
Surat - 395002,
Gujarat, INDIA
Phone : +91 08000000110
Website : www.bankloanprovider.com
E-mail : bankloanprovider@gmail.com
Address 2
AFS Corporate House
66, Gaytri Society, Part 4,
Opp. Prajapati Wadi, Katargaum Main Road,
Surat - 395004,
Gujarat, INDIA
Phone : +91 08000000110
Website : www.bankloanprovider.com
E-mail : bankloanprovider@gmail.com
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MACHINARY LOAN
- Loan Details
- EMI Calculator
- Documents
- Associate Bank
 Machinery Loan Interest RatesUpdated on 04 Dec 2014
Machinery Loan Details
| Interest Rate (Monthly reducing balance) |
13 % to 15% |
| Processing Fees |
1 % to 1.50% of the loan amount |
| Loan Tenure |
1 year to 6 years |
| Partial pre-payment Charges |
Nil |
| Pre-closure Charges |
Nil |
 |
Monthly Payment: |
21247.06 |
|
Total Interest: |
274823.75 |
|
Total Payments: |
1274823.80 |
| Duration |
Principal |
Interest |
Balance |
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| Duration |
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- Business Man
- Salaried
- Professional
- Proprietor
- Proprietor / Partnership
- Proprietor / Partnership / pvt.ltd
| KYC |
| 1) 3 photo |
| 2) A/C Pay Processing fee Cheque. |
| 3) Office Add. Proof- Last month Electricity bill |
| 4) Resi Address Proof-Last month Electricity bill |
| 5) PAN Card, Adhar Card & Voter ID Card |
| 6) Business Registration License (Any) |
| 7) Quotation of Machinary from Authorise Dealer |
| Financial Paper |
| 1) Last 3 year ITRs. Computation, trading A/C, Profit & Loss A/C, Balance sheet. |
| 2) Last One Year all bank Statement with Updated (Saving Account & Current Account) |
| Existing Loan |
| 1) Any Running Loan Sanction letter & Payment Track record. |
| Property Document |
| After Approval Disbursment Document Required |
| KYC |
| 1) 3 photo |
| 2) A/C Pay Processing fee Cheque. |
| 3) Office Add. Proof- Last month Electricity bill |
| 4) Resi Address Proof-Last month Electricity bill |
| 5) PAN Card, Adhar Card & Voter ID Card |
| 6) Business Registration License (Any) |
| 7) Partnership Firm-Pan card and Partnership deed |
| 8) Quotation of Machinary from Authorise Dealer |
| Financial Paper |
| 1) Last 3 year ITRs. Computation, trading A/C, Profit & Loss A/C, Balance sheet. |
| 2) Last One Year all bank Statement with Updated (Saving Account & Current Account) |
| Existing Loan |
| 1) Any Running Loan Sanction letter & Payment Track record. |
| Property Document |
| After Approval Disbursment Document Required |
| KYC |
| 1) 3 photo |
| 2) A/C Pay Processing fee Cheque. |
| 3) Office Add. Proof- Last month Electricity bill |
| 4) Resi Address Proof-Last month Electricity bill |
| 5) PAN Card, Adhar Card & Voter ID Card |
| 6) Business Registration License (Any) |
| 7) Partnership Firm-Pan card and Partnership deed |
| 8) Private Limited Firm-Pan card, MOA & AOA, Form No-32, List of Share Holder, List of Directors |
| 9) Quotation of Machinary from Authorise Dealer |
| Financial Paper |
| 1) Last 3 year ITRs. Computation, trading A/C, Profit & Loss A/C, Balance sheet. |
| 2) Last One Year all bank Statement with Updated (Saving Account & Current Account) |
| Existing Loan |
| 1) Any Running Loan Sanction letter & Payment Track record. |
| Property Document |
| After Approval Disbursment Document Required |
| KYC |
| 1) 3 photo |
| 2) A/C Pay Processing fee Cheque. |
| 3) Office Add. Proof- Last month Electricity bill |
| 4) Resi Address Proof-Last month Electricity bill |
| 5) PAN Card, Adhar Card & Voter ID Card |
| 6) Company ID Card |
| 7) Appointment letter |
| 8) Quotation of Machinary from Authorise Dealer |
| Financial Paper |
| 1) Last 6 Month Salary Slip. |
| 2) Last two year form no-16. |
| 3) Last One Year bank statement were your salary is getting credited. |
| Existing Loan |
| 1) Any Running Loan Sanction letter & Payment Track record. |
| Property Document |
| After Approval Disbursment Document Required |
| KYC |
| 1) 3 photo |
| 2) A/C Pay Processing fee Cheque. |
| 3) Office Add. Proof- Last month Electricity bill |
| 4) Resi Address Proof-Last month Electricity bill |
| 5) PAN Card, Adhar Card & Voter ID Card |
| 6) Business Registration License (Any) |
| 7) Degree Certificate |
| 8) Quotation of Machinary from Authorise Dealer |
| Financial Paper |
| 1) Last 3 year ITRs. Computation, trading A/C, Profit & Loss A/C, Balance sheet. |
| 2) Last One Year all bank Statement with Updated (Saving Account & Current Account) |
| Existing Loan |
| 1) Any Running Loan Sanction letter & Payment Track record. |
| Property Document |
| After Approval Disbursment Document Required |
