Frequently asked questions (FAQs)

What is Indium Finance?
Indium Finance is an online and offline loan platform run by Indiumplus Financial Services Private Limited, an RBI registered NBFC. Indium Finance provides loans to MSMEs, especially those engaged in manufacturing and trading activities, to support their business growth.
What are the benefits of Indium Finance?
  • 100% digital in-principle loan approval process
  • Minimal documentation and only after a loan is approved
  • No property collateral
  • Faster turnaround time
  • Transparent terms
  • Loans for purchase of Used Machinery
  • Am I eligible for a business loan?
    You can simply check loan eligibility online on our website www.indiumfinance.com. Alternatively, you can give a missed call at 08061773377 or write to us at contactus@indiumfinance.com and we will call you back to discuss your loan requirement.
    What type of loans can I get?
    Machinery Loans: These term loans support your purchase of additional machines to expand your business.
    Business Loans: These term loans help you meet funding requirements for your growing business needs.
    InstaCredit: This is a short term line of credit ideal for invoice financing, online purchase financing and seasonal business requirements.
    What type of machinery can I buy?
    Machinery loans can be used for following types of equipment purchase -
  • Machine tools (e.g. CNC machines, EDM machines etc.)
  • Plastic machines (e.g. Moulding machines, Extrusion machines etc.)
  • We continue to expand this list regularly. If you are planning to buy any other type of machine, please enquire with us at contactus@indiumfinance.com or you can give a missed call at 08061773377.
    Can I get a loan to buy used machinery?
    Yes, Indium Finance offers loans for purchase of used machinery such as -
  • Machine tools (e.g. CNC machines, EDM machines etc.)
  • Plastic machines (e.g. Moulding machines, Extrusion machines etc.)
  • We continue to expand this list regularly. If you are planning to buy any other type of machine, please enquire with us at contactus@indiumfinance.com or you can give a missed call at 08061773377.
    Do I need to provide property as a collateral for these loans?
    No, property is not required as a collateral for these loans.
    What are the repayment options available to me?
    Currently, the following repayment options are available -
  • Auto debit using NACH facility
  • Post dated cheques
  • Can I pre-pay my loan?
    Yes, you can choose to prepay your term loan after 12 months on payment of a small prepayment charge.
    InstaCredit loans can be repaid before due date without any pre-payment charges.
    How secure is my information?
    For Indium Finance, customer data security and confidentiality is of utmost priority. Your data is stored securely to prevent unauthorised access.