CGTMSE
Eligible collateral-free funding up to ₹10 crore, subject to applicable scheme and lender criteria.
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Machinery & Equipment Finance
Finance for Purchase, Upgrade, Expansion and Replacement
Explore funding for eligible manufacturing and service businesses purchasing, upgrading, expanding or replacing plant, machinery and industrial equipment. Captive-consumption solar installations may also be considered under applicable financing structures.
- Funding Generally 75%–80% of Eligible Cost
- Selected Cases: Up to 100% of Eligible Cost
- Indicative Tenure: Up to 10 Years
- Moratorium: Up to 6 Months, Where Applicable
Product Overview
Asset Finance for Eligible Machinery and Equipment Investment
Capital Yono assists eligible manufacturing and service-sector businesses in exploring financing for the purchase, upgrade, expansion or replacement of plant and machinery, industrial equipment and qualifying captive-consumption solar installations. Funding may be evaluated under conventional lending, eligible guarantee-backed or hybrid security structures, depending on the selected institution and applicable scheme.
Funding Options
MCGS
Eligible collateral-free machinery/equipment funding up to ₹100 crore, subject to the applicable scheme and lender criteria.
Hybrid Collateral Structure
Partial collateral or another lender-accepted funding structure may be considered for eligible cases.
The options are alternatives subject to their individual eligibility and availability; do not imply that all applicants automatically qualify under every scheme.
Funding & Tenure Highlights
The eligible amount and final coverage depend on asset type, project economics, promoter contribution, security and applicable credit guarantee or lender criteria.
Generally 75%–80% of the eligible machinery, equipment or captive-solar project cost, including eligible GST and installation.
In select cases, up to 100% of eligible machinery, equipment or solar project cost, including eligible GST and installation, may be considered subject to appraisal and applicable terms.
Up to 10 years.
Up to 6 months, where applicable.
Eligible Equipment and Expenditure
- Plant and machinery for eligible manufacturing activities.
- Industrial equipment for eligible operating businesses.
- New machinery and equipment purchases.
- Upgrade, expansion and replacement of existing assets.
- Eligible solar installation for captive consumption.
- Eligible GST and installation cost, where permitted under the selected product.
Who May Apply?
Projected income or cash flows from the proposed asset may be considered. A personal CIBIL score of 752+ is preferred and CMR Rank 1–4 is an indicative screening preference in the supplied product material; these are not a guarantee of sanction or universal scheme requirements.
Eligible manufacturing and service businesses may be considered according to asset type, constitution, repayment profile and funding institution criteria.
Individual; Proprietorship; Partnership Firm; LLP; Private Limited Company; Public Limited Company, where eligible under the selected facility.
Preliminary Documents
- Entity/promoter KYC and constitution; business profile; machinery/equipment or solar quotations and specifications; proposed asset cost and installation estimate; available purchase order/proforma invoice; latest financial statements and provisional information as applicable; GST/ITR; bank statements; existing loan details; proposed project/asset cash-flow information; security/guarantee-route details where applicable.
FAQs
Can financing include eligible GST and installation cost?
Yes, these components may form part of the eligible asset cost, subject to the lender’s appraisal and applicable product terms.
Is up to 100% equipment-cost funding available?
It may be considered in select cases, not as a standard or assured entitlement. Eligibility and final contribution are determined by the lender.
Can captive-consumption solar be financed?
Eligible captive-consumption solar installations may be considered. Refer to the Solar Finance page for solar-specific requirements and applicable financing routes.
Can we explore CGTMSE or MCGS?
Applicable collateral-free financing options may be evaluated under the relevant scheme and lender criteria. CGTMSE and MCGS are separate schemes.
Can old machinery be upgraded or replaced?
Eligible upgrade, expansion or replacement requirements may be considered, subject to asset valuation or quotation, business assessment and lender policy.
Is the moratorium always six months?
No. A moratorium of up to six months may be considered where the selected facility and lender allow it.
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Explore Funding for Your Machinery or Equipment
Share your proposed asset, cost and business details to begin a preliminary eligibility review.
Funding is subject to eligibility, appraisal, due diligence, approval and final terms from the relevant funding provider.