EQUIPMENT FINANCING

a. Features

  • Refinance for vehicles up to 7 years old
  • Flexible options
  • Easy Documentation at your place
  • Quick Processing

b. Eligibility   

  • Experienced contractors with contract works from state / central PWD for national high ways road works, dams & bridges
  • Registered contractors for civil construction works of state / central public sector undertakings.
  • Market hire customers with experience greater than 2 years in hiring / owning / operating earth moving equipment with satisfactory repayment track record
  • Captive use mining activity in own quarries producing blue metal aggregates

c. Assets Covered

  • Funding shall be applicable to Back-hoe loaders, excavators, cranes and other equipments.

 d. Schemes

  • Normal Scheme 

e. Documentation

  • KYC papers
  • Income Proof
  • Property Proof
  • Repayment record
  •  Asset documents
  • Copies of contracts / Work orders
  • Original invoice  & no due certificate from previous financiers for unregistered assets
  • Insurance policy

* Conditions Apply

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