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