Chola Generator Loans
Need reliable power for your business operations? Chola offers tailored Generator Set Loans to help you purchase and own power backup systems with ease. Whether you're a small enterprise, manufacturing unit, or service provider, Chola empowers your growth with smart, flexible financing options.
Who Can Apply?
- Small and medium enterprises (SMEs)
- Industrial units and factories
- Retail outlets and commercial complexes
- Hospitals, educational institutions, and service providers
Why Choose Chola for Generator Set Loans?
- Loan amounts starting from ₹1 Lakh
- High Loan-to-Value (LTV) for both new and used generator sets
- Flexible EMI repayment options suited to your business cash flow
- Hassle-free documentation with doorstep collection service
- End-to-end support from application to disbursement
- Quick approvals and fast disbursal
- PAN India Geo Presence
- Flexible tenure
- Attractive ROI
Quick Financial Support
Frequently Asked Questions
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What is Genset Financing?
Loans/Lease options for purchasing/leasing generators, which are essential for providing backup power in various settings. This type of financing helps businesses and homeowners acquire generators without a significant upfront cost, allowing for manageable monthly payments.
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What Are the Benefits of Genset Financing?
Some key benefits include conserving cash flow by avoiding large upfront payments, flexible payment terms, and the ability to upgrade to the latest technology without significant financial strain.
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What is the interest rate on your loan facility?
Chola offers Interest Rates suitable to borrower’s cash flows and competitive.
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What is the repayment structure of the loan?
Loans / leases can be repaid in easy instalments.
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Can Startups Qualify for Genset Financing?
Yes, please connect with us for more information.
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How long will it take to process the loan?
With all required documents, 3 working days.
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What are the stages involved in availing a loan?
- Application
- Sanction Processing·
- Sanctioning of the loan
- Documentation
- Disbursement
