Construction Equipment Loan
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Construction Equipment Loan
At HDB Financial Services, we recognize the growing demands of the infrastructure sector and are committed to supporting your business goals. Our customized Construction Equipment Loans are designed to help you acquire the equipment you need to succeed.
With a strong focus on India’s infrastructure development, we offer a wide range of attractive financing solutions tailored to suit your unique requirements. Whether you're just starting out or expanding your business, HDB Financial Services is the ideal partner to help you achieve your goals.
Simply fill out the online form, and one of our representatives will reach out to you, or visit your nearest HDB Financial Services branch using the branch locator for assistance.
Who Can Apply for a Construction Equipment Loan?
We provide financing solutions to a diverse range of customers, including:
- First-time users (buyers) of construction equipment.
- Hirers of construction, earthmoving, concrete, and material handling equipment.
- Plant hirers involved in leasing out machinery.
- Small and medium contractors working on government or private projects, such as:
- Irrigation departments
- Public Works Departments (PWD)
- National and State Highway projects
- Small and medium quarry or mine operators.
- Industries that require construction or material handling equipment for captive use.
- Contractors working with municipal and civic bodies.
Calculate your Loan EMI instantly
- Tenure up to 48 months.
- Financing for a wide range of construction equipment, including Backhoe Loaders, Excavators, Mini Excavators, Tippers/Dumpers, Transit Mixers, Self-Loading Concrete Mixers, Cranes (Pick-N-Carry, Heavy-Duty, Tower & Derrick, Telescopic, Crawler), Wheel Loaders, Compactors, Road Rollers, Pavers, Dozers, Graders, Compressors, Drills, Hot Mix Plants, Concrete Pumps/Boom Placers, Crushing Plants, RMC Plants, Rock Breakers, WMM Plants, DG Sets, Forklifts, Reach Stackers, Piling Rigs, and more.
- Up to 100% finance on asset cost.
- Finance for used equipment (Re-finance & Re-purchase).
- Top-up on existing loans.
- Customized financing solutions to meet individual requirements.
- Simple documentation and easy processing.
No specific criteria
- Proof of Identity & Address Proof - (Passport / Voter's ID / Driving License / PAN Card / Aadhaar Card or Proof of possession of Aadhaar number (on Voluntary basis).
- Driving License / Voter's ID / Utility Bill (not older than two months) from any service provider – electricity, telephone, post-paid mobile phone, piped gas, or water bill. Registered Rent Agreement / Passport.
- Driving license, in case of first-time users.
- Documents to prove relevant experience, in case of first-time users.
- Land holding proof, in case of farmers.
- Bank statements or Latest bank passbook (updated within 90 days).
- Fleet list details, Income Tax (ITR) and financial statements for the last two years complete with schedules and P&L account, proprietorship declaration, partnership deed, memorandum/association of article (MOA/AOA), board resolution or other documents as per requirements.
Take the next step & manage your immediate financial needs now.
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*HDB Financial Services Ltd may use the services of various agents on its behalf for the purpose of sales and marketing for HDB's products and services.
