Machinery Loan EMI Calculator

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Grow your business with new machinery

Use the Kinara Capital machinery loan EMI calculator to find out the installment amount you will need to pay each month on your machinery purchase loan. Simply enter the loan amount, tenure, and interest rate and we’ll do the rest.

  • Tenure

    12 to 60 months

  • Rates

    ​Starts at 24%On a reducing rate basis

  • Amount

    1-30 lakhs

EMI calculator



6 Months

5 Years



Monthly EMI


Machinery loan EMI calculator

Machinery loans are a form of financing that business owners can access in order to buy machinery and equipment for their businesses. This form of financing, also known as machinery purchase loans, is intended exclusively for the purchase of machinery.
Machinery loans can be repaid through equated monthly installments (EMIs), which are calculated based on the loan amount, tenure, and interest rate. Kinara Capital’s business loan interest rate is calculated on a reducing rate basis, which means that as the outstanding loan amount gets smaller with each repayment, the EMI amount reduces as well. This is because the interest is calculated on the outstanding loan amount, rather than the total principal disbursed at the outset. To simplify this process, you can use Kinara Capital’s machinery loan EMI calculator.


Machinery purchase for second-hand machines

Kinara Capital’s machinery purchase loans can also be utilized by business owners to purchase second-hand or used machinery. This puts the borrower at an advantage since second-hand machinery can be significantly more affordable and easily accessible.
Often industrial machinery like CNC machines can be extremely expensive, especially when bought first-hand or imported. These costs can be brought down by choosing to by used machinery in good condition. Timely maintenance can help machinery stay operational and effective for much longer periods


Equipment loan interest rates

Machinery loan interest rates can vary based on various factors of the loan application, as well as the creditworthiness of the potential borrower and the purpose of the loan. But the two main factors that determine equipment loan interest rates are the loan tenure and loan amount. Equipment loan interest rates can be lower if the assets being purchased are hypothecated, which is a process of securing the loan by using the asset in question as collateral.


Machinery Loan EMI Formula

Calculating the machinery loan EMI is complicated since the interest rate is on a reducing rate basis. This means the interest rate is only calculated on the “loan balance” on that month Hence, the EMI reduces every month. Applying the formula manually to arrive at your EMI amount might be difficult or confusing. To simplify this process, we have a quick and easy-to-use EMI calculator. Simply enter your loan amount, tenure and interest rate, and click calculate to see your EMI amount in seconds.

Our Process

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All you have to do is enter a few details and upload your documents to our secure online portal. We’ll take care of the rest!

  • How it works illustartion
    1. Fast eligibility check

      Find out if your business is eligible in just 1 minute! Available in 7 languages. Zero document upload required for eligibility check.

    2. Secure KYC & income verification

      Provide your personal & business documents. Fully secure online portal with easy upload. Help is at your fingertips with chat or call.

    3. Quick loan disbursement

      Get money in your account within 24 hours! Digital loan approval with electronic bank deposit.

Hear from our Happy Customers

Meet our VikasChampions

With their grit & perseverance, small business owners go on to create local jobs and grow India’s economy. Here’s what they have to say about us!

Sivachandra R.
Sivachandra R.
Sri Aarusuvai Food Products

“We took the loan and two subsequent ones from Kinara for buying machinery, which have been very helpful in running our business successfully”

Veera Raghava Reddy
Veera Raghava Reddy
Reddy Automobiles Visakhapatnam

“With Kinara’s excellent support and service, I was able to significantly boost my turnover. Now I do business of Rs. 15,000 every day."

Fatima Bai
Fatima Bai
Al Shams Enterprises

"Initially I was skeptical about the loan from Kinara, but we ended up getting the amount in just 3 days! Now I’m a HerVikas businesswoman!"

Frequently Asked Questions


  1. What is a machinery loan EMI?

  2. What is a machinery loan EMI calculator?

  3. What are the benefits of using a machinery loan calculator?

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