Generator Set Loan to Empower Your Business

Documents Required

List of documents required for a genset loan are:

1.  Identity Proof                                          4. Financial Documents

2.  Address Proof                                         5. Business Proof

3. Banking                                                    6. Business Vintage 

• Identity Proof: Any valid government-issued ID (e.g., PAN Card, Aadhaar Card, Passport, Driving Licence, Voter ID).

• Address Proof: Proof of your current business address (e.g., utility bills, rental agreement).

• Financial Documents: Income Tax Returns (ITR), Computation of Income (COI), audit report, Balance sheet, P&L and its schedules.

• Banking: Last 12 months Bank statement in PDF format.

• Business Proof: Relevant documents showcasing the existence and nature of your business.

• Business Vintage: Proof of business operations (must be operational for at least two years).

Note: The above-mentioned Genset Loan documents list is indicative. Additional documents may be required during loan processing 

Features and Benefits of Genset Loan

Here are some features and benefits of our genset loan: 

1. High Loan Amount                                               5. Flexible Repayment Tenure 

2. Flexible Repayment Tenure                                    6. Quick Approval & Hassle-Free Process 

3. Minimal Processing Fee                                      7. Loan to Value (LTV) 

4. Minimum Documentation 

• High Loan Amount: You can avail of a genset loan of up to ₹80 Lakhs

• .Competitive Interest Rates: Enjoy competitive interest rates starting at 11% to 14 p.a.

• No Hidden Charges: All charges are clearly disclosed. We offer transparency throughout the loan application process.

• Minimum Documentation: To get your genset loan approved faster, you only need to submit basic documents.

• Zero Foreclosure Charges: There are zero prepayment charges if the loan is paid off using your own funds.

• Flexible Loan Tenure: Choose a loan tenure that suits your business cash flow, ranging from a minimum of 12 months up to a maximum of 48 months.

• Quick Approval and Hassle-Free Process: Our genset loan offers quick approval with a straightforward application process and minimal documentation.

• Loan-to-Value (LTV): You can receive loans up to 80% - 90% of the asset value, providing substantial financial support for your genset acquisition.

How to Apply for a Generator Set Loan

You can refer the below-mentioned instructions to apply: 

• Step 1: Click on the 'Apply Now' button.

• Step 2: Fill in the required details of DG Set Capacity.

• Step 3: Upload necessary documents.

• On successful verification, the loan will be transferred to Supplier bank account.