EMI calculator for a laser or plasma machine
See the monthly instalment for a machine loan before you talk to your bank. Change the price, down payment, interest rate and loan period.
Financing a CNC machine
Most fabricators buy a laser or plasma machine with a term loan from their bank or an NBFC. Banks usually ask for a quotation or proforma invoice from the manufacturer, your business KYC, bank statements and recent ITRs or GST returns.
Ask us for a proforma invoice for your exact machine and we will send it for your loan file. Interest rates, down payment and subsidies depend on your bank and your business. Ask your bank about loans for MSME machinery.
Rough working: on a 5-year loan, every ₹10 lakh borrowed at about 10.5% costs about ₹21,500 a month.
This calculator gives an estimate for planning only. It is not a loan offer. Your bank's EMI may differ because of fees, insurance and how they round.
Want to see a machine cut your material?
Visit our Kurali plant for a live demo on our 6 kW plate and 3 kW tube laser, or send a drawing for a free sample cut.