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Here are a few factors

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Security We request no collateral for our loan.
Loan Amount Starting from Rs.2,00,000
Tenure Starting from 12 months to a maximum of 60 month
Interest Rates The rate offered by Manappuram finance limited for car loans is as low as 6.99% only.
Required salary Minimum 20k (Monthly salary * 12*4= Loan eligibility)
Purpose of loan Purchase of a car
01
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

02
Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

03
Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

04
Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Here are some of the benefits:

  • You can get a loan for 100% of the cost of the equipment and technology.
  • The repayment period can last up to 84 months.
  • The interest rates are competitive, and processing fees are low.
  • No need for additional security or guarantees.
  • Loan processing and approval is quick and easy.
  • There are custom finance options, like leasing, hire purchase, or deferred payment

Here are some examples of the equipment and technology the loan can cover:

  • Healthcare: digital diagnostics, telemedicine, smart hospitals.
  • Industry: automation, robotics, additive manufacturing, digital twins.
  • Energy: renewable energy, smart grids, energy storage.
  • Infrastructure and Cities: mobility, building technologies, water management.

If you're a business interested in applying for the Siemens Equipment Finance Loan, you need to meet the following criteria:

  • Your business needs to be registered and operating in any sector.
  • Your business needs to have been running for at least 2 years.
  • You need to make a minimum of Rs. 50 lakhs per year.
  • You need to have a good credit history and a record of repaying loans.

You'll also need to provide these documents:

  • KYC documents for the applicant and any co-applicants.
  • Proof your business is registered.
  • GST registration certificate.
  • Tax returns submitted for the previous two years.
  • Financial statements for the last 2 years that have been audited.
  • Bank statements from the last 6 months.
  • A quote or invoice for the equipment and technology you're buying.
Right Documents - Easy Process

Documents required for Siemens Finance Equipment Loan

PAN Card

Aadhaar Card

Driving Licence

Loan repayment track (if any).

Vehicle details

Registered rent agreement

Job identity proof

company ITR documents

Salaried income documents

Last 6 months' bank statement

Salaried private or public companies employees

Eligibility 

Documents Required 


  • The applicant must operate a registered business in any sector.

  • It's essential for the applicant to have a good credit history and a solid record of loan repayments.

  • All necessary documents and relevant information must be submitted to Siemens Finance by the applicant.



  • The applicant must provide KYC documents for both themselves and the co-applicant (if there is one).

  • Proof of business registration is a mandatory requirement for the applicant.

  • The applicant needs to submit a GST registration certificate.

  • Income tax returns for the last two years must be provided by the applicant.

  • The applicant is required to present audited financial statements for the past two years.

  • Bank statements for the previous six months need to be submitted by the applicant.

  • A quotation or invoice of the equipment and technology that the applicant intends to purchase must be included in the documentation.


Leave Your Question

FREQUENTLY ASKED QUESTIONS

Siemens Finance Equipment Loan is a specialized financing product designed to support businesses that need to purchase new or upgrade their existing equipment and technology. It provides affordable and tailored financial solutions, empowering businesses to grow, innovate, and compete on a global platform.

Siemens Finance Equipment Loan brings a myriad of advantages including complete financing for the cost of equipment and technology, a flexible repayment schedule extending up to 84 months, competitive interest rates, minimal processing fees, no demand for extra collateral or guarantees, expedited and straightforward loan processing and approval, as well as various financing alternatives such as leasing, hire purchase, deferred payment, among others.

For eligibility for a Siemens Finance Equipment Loan, the applicants must operate as registered business entities in any sector, maintain a satisfactory credit history, exhibit a proven repayment record, and provide all the required documents and information to Siemens Finance.

The necessary paperwork for a Siemens Finance Equipment Loan encompasses KYC documents for the applicant and co-applicant (if applicable), evidence of business registration, GST registration certificate, income tax returns for the preceding two years, audited financial statements for the last two years, bank statements for the previous six months, as well as a quotation or invoice of the equipment and technology intended for purchase.

To apply for a Siemens Finance Equipment Loan, you can fill out an online enquiry form on their website, call their customer service number at 1800 209 6060, or visit the nearest Siemens Finance branch to submit your application and necessary documents.

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