Commercial / Construction Equipment Finance

Features

  • Avail Commercial/ Construction Equipment Finance on an entire range of equipment at attractive interest rates
  • Choose among various types of loans that suit your business requirements

Know more

Benefits

  • Receive up to 100 % finance for your Commercial/ Construction Equipment*
  • Take advantage of some of the best interest rates along with Speedy processing of loan.

Know more

Contact Us

Write To Us

Call on 02240804671

What are the features of the Commercial/Construction Equipment Loan?

There is no need to shop around anymore for loan options to purchase Commercial/ Construction equipment, Earth Moving, Material handling Equipment, Term loans, Working Capital requirements, Bank Gurantee or LC, that your business may require. Choose HDFC Bank's Commercial/Construction Equipment Loan and you will get the best terms and interest rates.

You may avail of a finance facility for your required equipment from any of your preferred manufacturers including JCB, Telcon, L&T Komatsu, Caterpillar, Volvo, Escorts, Case, Schwing Stetter, Hyundai, Terex, Ace, Liugong, Greaves, Sany, Putzmeister, Atlas Copco, Apollo and many more.

We offer:

  • New/Used Commercial/Construction Equipment Loans
  • Working Capital Finance – CC & OD facilities
  • Bank Guarantees/LCs
  • Bill Discounting / LC discounting
  • Inventory Funding /Trade advance/ CC /OD for Dealers
  • Payment Solution, Cash Management Services & Forex Solutions, etc.
Features

The range of construction equipment for which this loan is available is as follows:

  • Backhoe Loaders
  • Excavators
  • Tipper/ Dumpers
  • Transit Mixers
  • Cranes (Pick N Carry, Heavy Duty, Tower & Derrick)
  • 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
  • Fork Lifts
  • Reach Stackers
  • Piling Rigs and many more

Documentation

Please submit the below list of documents.

  • KYC Document
  • Bank Statement
  • Proof of residence
  • Track record- if applicable
  • Other documents as per requirements

What are the benefits of Commercial/Construction Equipment Finance?

You can avail of the following benefits on our Construction Equipment Finance:

  • Up to 100% financing of Construction Equipment*
  • Attractive interest rates*
  • Up to 60 month tenure for loan*
  • Simpler documentation and quick processing
  • Reduced down payments
  • Customized EMI structure to suit your business needs

What are the fees and charges?

Description of chargesCommercial/Construction Equipment Finance
Cheque bouncing charges Rs. 450
FC Charges 4 % of POS (Point of Sale) for preclosures within 1 year from 1st EMI (For more details kindly contact Manish Kumar or call on 022 40804671)
  2% of POS Point of Sale for preclosures after 1 year from 1st EMI
Stamp Duty At actuals
Late Payment Penalty 2% per month on unpaid EMI
Processing fees New Loans: Max 1% of the Loan Amount
  Used Loans - 1.5% of the Loan Amount
Valuation charges Used Vehicles only - At actuals
Asset verification charges At Actuals
Cheque Swaping charges Rs. 500/- per swap
Rebooking charges Rs. 2000/-
Loan Cancellation charges Rs. 2000/-
applicable from 1st May 2007.
Loan Reschedulement charges 0.25% on the Amount paid towards principal loan
Legal/Collection/Repossession and Incidental charges At Actuals

Where can I get a Commercial/Construction Equipment Loan?

Here is a complete list of HDFC Bank branch locations where you can contact us to know more about our Construction Equipment Finance.

 
 
 
 

For more details, write to us at CE@hdfcbank.com or Contact Manish Kumar –
manishn.kumar@hdfcbank.com or call on 022 40804671.