DCB offers loans for purchase of both new and used construction equipments. The construction equipments loans offer the best terms with easy and simple documentation and attractive rates of interest, at your doorstep. Apply now and our representative will soon get in touch with you.

Overview

We offer following types of commercial vehicle loans:

1. Purchase of new construction equipments
2. Purchase of used construction equipments
3. Refinance against existing free construction equipments to take care of your working capital requirements
4. Balance transfer from your existing financier

We extend loans for excavators, tippers, loaders etc. manufactured by JCB, TELCO, L&T, Volvo, Caterpillar etc.

Features

• Upto 100% finance available
• Tenure of up to 48 months
• Easy and simple documentation
• Quick processing
• Door step services
• Flexible financing solutions

Eligibility

• Any individual / Partnership firm / company with more than 3 years of relevant business experience.
• Funding extended to contractors, hirers and captive customers
  

Service Charges

Note:

• The interest rates are fixed for the tenure of the contract and are calculated on a reducing basis.
• Service Tax and other govt. taxes, levies, etc. applicable as per prevailing rate will be charged over and above these charges

Documentation

The following documents are required to be submitted for availing the loan:

• Proof of address e.g. Passport, Ration Card, Voters ID
• Proof of experience in the relevant area
• Bank Statement
• Track record of past loans
• ITR in case of certain category of customers
• Financial statements for the last two years
• Copies of contracts / work orders

Locations

Currently construction equipment loans from DCB are available at the following locations:

• Mumbai
• Pune
• Ahmedabad
• Delhi
• Jaipur
• Chandigarh
• Bangalore
• Chennai
• Hyderabad