Equipment Finance (Northeastern Development Finance Corporation Ltd Schemes)
By Ministry of Development of North Eastern Region
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Quick Answer
A debt-based scheme from NEDFi offering loans from ₹25 lakh to ₹10 crore for startups to purchase equipment.
- Funding amount
- ₹25L – ₹10Cr
- Funding type
- Debt
- Application deadline
- —
- Location
- Open to startups registered in India
Results & next round
Applications for this round are closed. The organiser has not published a selection list that we can verify yet.
Selections for this programme are announced by Ministry of Development of North Eastern Region. Official links are listed under Sources below.
We update this page when results are published, and when the next round opens.
About this loan
Equipment Finance helps startup purchase equipment.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Grant providers
Ministry of Development of North Eastern Region (MDoNER) Established in September 2001, MDoNER is the nodal Central Government ministry responsible for the accelerated socio-economic development of the eight states of Northeast India: Arunachal Pradesh, Assam, Manipur,…
Learn moreBenefits & Funding
- Amount
- ₹25L – ₹10Cr
- Fund type
- Debt
- Repayment
- Repayable
What You Get
Equipment Finance is a NEDFi loan earmarked for buying equipment. It provides debt, not equity, so a startup can acquire machinery, tools and other capital equipment without giving up ownership. The scheme is open to all viable startups.
How to apply
Four steps from draft to disbursement — one action each.
- 1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
- 2
Submit on the official portal
Use the official application link and verify all details before final submission.
- 3
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Sources
Data on this page is compiled from official program and provider references.
