Excavator 
Backhoe Loader 
Motor Grader 
Wheel Loader 
Crane 
Concrete Mixer 
Compactor 
Skid Steer Loader 
Concrete Pump 
Telehandler 
Loan amount
₹10 L – ₹5 Cr
New or used machines · quick approvals · EMIs that fit your cash flow. We help you from enquiry to keys-in-hand.
An Axis Bank construction equipment loan helps you buy machines like excavators, backhoe loaders, wheel loaders and graders — new or used. The bank funds up to 100% of a new machine and up to 90% of a used one, with loans from ₹10 lakh to ₹5 crore and no collateral needed up to ₹3.5 crore. Repay over up to 5 years, with rates from about 9.30% a year and a moratorium of up to six months. Individuals, firms and companies can apply. Tell the Desi Machines finance desk your machine and city, and we’ll get things moving — no long queues, no confusing forms.
Say you have found the right machine but the price makes you pause. Very few small businesses keep that kind of money sitting idle, and paying it all at once can leave you short for diesel, wages and repairs. This is exactly the gap Axis Bank fills. Set up in December 1993 and run out of Mumbai, it is one of India’s biggest private banks, with more than 5,700 branches spread across the country. It has built a name in lending to the manufacturing, infrastructure and transport trades, so equipment finance is familiar ground for its people.
An Axis Bank construction equipment loan is simply money the bank puts up so you can buy a machine now and pay it back slowly. You run the machine, earn from it, and clear the loan in monthly instalments (EMIs) from that income. The machine usually stands as the security itself, so you may not have to pledge a house or land. And because the bank funds both brand-new machines and sound used ones, a second-hand backhoe within your budget works just as well as a new one off the lot.
What can you put on finance? Almost any machine that earns its keep on a site — excavators, backhoe loaders, wheel loaders, motor graders, tippers, cranes, compactors and other earthmoving or material-handling gear. Whether the exact model sits on our Desi Machines listings or not, if it is a genuine construction machine, Axis Bank can usually fund it.
On the numbers, Axis Bank funds up to 100% of a new machine and up to 90% of a used one, with loan sizes running from ₹10 lakh up to ₹5 crore for MSMEs and no collateral needed up to ₹3.5 crore. Repayment stretches to 5 years for new equipment and 4 years for used, and interest starts around 9.30% a year for new machines and 10.30% for used. There is even a moratorium of up to six months to ease the early days after you take delivery. Weighing your choices? You can compare SBI and HDFC Bank, or see every lender on our finance page.
Loan amounts, interest rates and tenures shown here are indicative and are decided by Axis Bank based on your profile. Please confirm the latest terms with the bank or our finance desk before you apply.
Finance for equipment up to ₹5 crore with tenures from 12 to 60 months — ideal for construction equipment finance, equipment financing for business, and heavy machinery investments.
Access equipment machinery loan funds without collateral up to ₹3.5 crore—simplifying asset acquisition for small and medium enterprises.
Supports used machinery loan and construction machinery finance, offering funding for both new and refurbished equipment with differential LTV structures.
A moratorium of up to six months is permitted, helping businesses manage operational costs during initial phases post-asset deployment.
Covers up to 100% of new asset costs and 90% for used equipment, with interest rates between 9–16%, quick processing, and minimal documentation.
Eligible for heavy equipment financing refinancing or balance transfers, restructuring existing loans to better terms for sustained business growth.
Wondering what your monthly EMI will be? Slide the values below and watch it change. As an example, on a ₹30 lakh loan at 9.30% over 5 years, the EMI comes to roughly ₹62,700 a month. Adjust the amount, down payment or tenure and the figure updates on its own — no maths on your side. Want the exact number for your case? Send us the details and we’ll confirm it with Axis Bank.
You don’t have to run a big company to qualify. Axis Bank lends to individuals, proprietors, partnership firms, LLPs, HUFs, trusts and companies working in construction, transport and allied trades. The main things it checks are simple: at least two years of business behind you (three years for an unsecured MSME loan), age between 21 and 65, a steady office or home, a clean CIBIL record around 700 or above, and income that covers the EMI. Self-employed buyers are welcome. Unsure whether you fit? Just talk to our team on +91 90 5147 5147 — we check for you before you spend time on paperwork.
PAN card, Aadhaar, voter ID, passport, or driving license and latest passport size photographs for identity verification.
Utility bill, Aadhaar, passport, voter ID, or rent agreement showing current residence or business location.
Proof of business operations via Udyam certificate, contract copies, GST registration or work‐in‐hand documents.
Recent financials including ITRs, profit & loss statements, six months’ bank statements, or income records
Pro forma invoices or quotations for the machinery or construction equipment to be purchased.
Documents for pledged collateral (if applicable) and insurance cover note or margin receipt pre-disbursement.
Getting the loan is simpler than most people fear, and you are not on your own. You choose the machine, we sort out the finance paperwork, and Axis Bank does the approval. That is the whole path from “I need a machine” to “keys in hand.” Give us a call on +91 90 5147 5147 or write to hello@desimachines.com, and most complete files move in just a few working days.
Explore a wide range of construction and heavy machinery from India’s top brands like CAT, Komatsu, JCB, Tata Hitachi, CASE, and more—all in one place.
Select the equipment model that best fits your project requirement, budget, and usage type—whether it’s for earthmoving, road work, mining, or lifting.
Fill out a quick enquiry form or connect via call, WhatsApp, or email. Desi Machines helps you apply for Machinery Loans or Finance for Machinery with fast approvals.
Axis Bank provides finance for a wide range of new and used construction machinery and equipment, including excavators, loaders, cranes, compactors, and more. Both new and used equipment are eligible, with funding available for up to 100% of the asset cost for new equipment and up to 90% of the valuation amount for used equipment.
Interest rates for construction equipment finance with Axis Bank typically range from 9.55% to 15.40% for new equipment and 10.85% to 16.90% for used equipment. The exact rate depends on the loan tenure, applicant profile, and business credentials
You can get up to 100% of the asset cost for new equipment and up to 90% of the valuation for used equipment, with loan tenures ranging from 1 to 5 years for new equipment and up to 4 years for used equipment.
Businesses with at least three years of operation, a minimum annual income of ₹3 lakhs, and applicants aged between 21 and 65 years are eligible to apply.
You need to provide a completed application form, KYC documents, address and identity proof, income proof, bank statements, and a quotation or invoice for the equipment.
Yes, Axis Bank offers used machinery loans and finance for refurbished equipment, with funding up to 90% of the equipment’s valuation and a maximum tenure of 4 years, subject to the equipment’s remaining useful life.
For unsecured industrial equipment loans, collateral is not required up to ₹3.5 crore. For secured loans, the equipment itself typically serves as collateral. Additional collateral may be requested based on the loan amount and applicant profile
Processing fees are up to 1% of the loan amount plus taxes, with additional charges for foreclosure, late payments, and documentation
Axis Bank typically processes construction equipment loan applications within 7 days, subject to submission of complete documentation and meeting eligibility criteria
Foreclosure is allowed with applicable charges, usually around 2% to 4% of the outstanding principal, but part prepayment may not be available for all products.
Yes, a moratorium of up to 60 days (for secured loans) or up to 6 months (for unsecured industrial equipment loans) may be available, depending on the product.
Yes, Axis Bank offers balance transfer facilities for construction equipment loans, allowing you to move your existing loan for better rates or terms
Axis Bank’s equipment financing is available for a wide range of businesses, including contractors, builders, infrastructure companies, manufacturers, and MSMEs engaged in construction and related industries
Repayment is typically through monthly installments (EMIs) comprising both principal and interest, with flexible tenure options4.
Check Axis Bank equipment finance and loan options across all major cities in India including Mumbai, Pune, Kolkata, Hyderabad, Chennai, Bengaluru, Delhi, Ahmedabad, Indore, Jaipur, Guwahati, and 600+ more locations.
Mumbai
Pune
Nagpur
Navi Mumbai
Thane
Nashik
Aurangabad (Chhatrapati Sambhajinagar)
Solapur
Kolhapur
Amravati
Chandrapur
Yavatmal
Latur
Dhule
Ahmednagar
Jalgaon
Raigad
Beed
Wardha
Palghar
Sangli
Ratnagiri
Satara
Nanded
Akola
Buldhana
Ahmedabad
Gandhinagar
Surat
Vadodara
Rajkot
Bhavnagar
Jamnagar
Mundra
Kutch
Vapi
Anand
Mehsana
Morbi
Surendranagar
Amreli
Bharuch
Navsari
Dahej
Alang
Dholera
Gandhidham
Panaji
Vasco da Gama
Margao
Calangute
Mormugao
Chennai
Coimbatore
Madurai
Tiruchirappalli
Hosur
Salem
Tirunelveli
Vellore
Erode
Thoothukudi
Neyveli
Cuddalore
Virudhunagar
Dharmapuri
Krishnagiri
Thanjavur
Tiruppur
Kancheepuram
Ranipet
Chengalpattu
Kanyakumari
Bengaluru
Mysuru
Hubballi-Dharwad
Belagavi
Mangaluru
Davanagere
Ballari
Hospet
Tumakuru
Shivamogga
Chitradurga
Raichur
Kolar
Hassan
Hoskote
Doddaballapura
Kalaburagi
Bidar
Koppal
Vijayapura
Chamarajanagar
Visakhapatnam
Vijayawada
Amaravati
Guntur
Tirupati
Nellore
Kurnool
Kadapa
Anantapur
Rajahmundry
Kakinada
Eluru
Ongole
Srikakulam
Bheemunipatnam
Machilipatnam
Proddatur
Hindupur
Srikalahasti
Nandyal
Hyderabad
Warangal
Karimnagar
Nizamabad
Khammam
Maheshwaram
Sangareddy
Nalgonda
Adilabad
Suryapet
Siddipet
Ramagundam
Mancherial
Peddapalli
Bhadrachalam
Zaheerabad
Narayanpet
Vikarabad
Medak
Kothagudem
Thiruvananthapuram
Kochi
Kozhikode
Thrissur
Kollam
Palakkad
Malappuram
Alappuzha
Kannur
Kasaragod
Kottayam
Idukki
Wayanad
Pathanamthitta
Ernakulam
Aluva
Angamaly
Perumbavoor
Munnar
Ponnani
Lucknow
Kanpur
Varanasi
Prayagraj
Noida
Ghaziabad
Meerut
Jhansi
Aligarh
Moradabad
Gorakhpur
Mathura
Bareilly
Saharanpur
Ayodhya
Mirzapur
Dadri
Muzaffarnagar
Deoria
Kushinagar
Ballia
Sonbhadra
Gonda
Etawah
Jaipur
Jodhpur
Udaipur
Kota
Ajmer
Bikaner
Alwar
Bhilwara
Barmer
Jaisalmer
Pali
Nagaur
Banswara
Dungarpur
Chittorgarh
Sikar
Sawai Madhopur
Tonk
Bundi
Sriganganagar
Ludhiana
Amritsar
Jalandhar
Patiala
Mohali
Bathinda
Hoshiarpur
Moga
Gurdaspur
Pathankot
Firozpur
Rupnagar
Fatehgarh Sahib
Sangrur
Faridkot
Kapurthala
Nawanshahr
Muktsar
Tarn Taran
Fazilka
Gurugram
Faridabad
Panipat
Ambala
Sonipat
Rohtak
Hisar
Karnal
Rewari
Manesar
Panchkula
Bhiwani
Yamunanagar
Jhajjar
Nuh (Mewat)
Sirsa
Kaithal
Kurukshetra
Bahadurgarh
Palwal
Shimla
Manali
Dharamshala
Solan
Baddi
Mandi
Kullu
Bilaspur
Una
Chamba
Kangra
Rampur
Lahaul-Spiti
Hamirpur
Sirmaur
Kinnaur
Dehradun
Haridwar
Rishikesh
Nainital
Roorkee
Haldwani
Kashipur
Rudrapur
Pantnagar
Champawat
Pithoragarh
Bageshwar
Chamoli
Uttarkashi
Almora
Vikasnagar
Kotdwar
Ramnagar
Srinagar (Pauri)
Tehri
Central Vista
Dwarka
Rohini
Narela
Okhla
Tughlakabad
Shahdara
Janakpuri
Badarpur
Uttam Nagar
Saket
Mundka
Burari
Bawana
Kanjhawala
Najafgarh
Deoli
Mehrauli
Vasant Kunj
Mayur Vihar
Srinagar
Jammu
Udhampur
Katra
Anantnag
Baramulla
Sopore
Pulwama
Ganderbal
Bandipora
Kupwara
Kathua
Reasi
Ramban
Doda
Rajouri
Poonch
Kishtwar
Shopian
Kulgam
Leh
Kargil
Drass
Hanle
Chushul
Zanskar
Nubra
Shyok
Khaltse
Dha-Hanu
Nyoma
Mulbekh
Sector 17 (City Core)
Sector 62 (IT Park)
Industrial Area Ph-1
Industrial Area Ph-2
Manimajra
Panchkula Extension
Mohali Phase 8
ISBT 43
Daria
Hallomajra
Rock Garden Area
Sector 82 (Aerocity)
Kolkata
Durgapur
Asansol
Haldia
Siliguri
Kharagpur
Bardhaman
Medinipur
Howrah
Raniganj
Burnpur
Bankura
Kalyani
Purulia
New Town (Rajarhat)
Bidhannagar
Barasat
Malda
Jalpaiguri
Cooch Behar
Bhubaneswar
Cuttack
Rourkela
Sambalpur
Berhampur
Angul
Talcher
Jharsuguda
Sundargarh
Paradip
Koraput
Rayagada
Keonjhar
Bolangir
Kalahandi
Dhenkanal
Baripada
Jajpur
Kendrapara
Puri
Ranchi
Jamshedpur
Dhanbad
Bokaro
Hazaribagh
Deoghar
Giridih
Ramgarh
Dumka
Lohardaga
Gumla
Palamu
Chatra
West Singhbhum
Pakur
Sahibganj
Koderma
Simdega
Godda
Khunti
Share your requirement — we'll get you the best Axis Bank equipment loan, fast.
Desi Machines is a platform where you can see and compare construction equipment. It showcases images, brochures, features, technical specifications, brand details & dealer information. All these are taken from respective brand websites, brochures, and other public resources. We do not claim ownership of these materials and strive to ensure their accuracy. However, the disparity may happen and we advise users to verify directly with respective brands and dealers. Desi Machines is not liable for any inaccuracies or reliance on the information provided. Use of this website is at your own discretion.
