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    Get Construction Equipment Loan in India from Shriram Finance Today

    Shriram Finance | Construction Equipment Loan | Finance Your Construction & Heavy Equipment

    Shriram Finance is a leading non-banking financial company (NBFC) in India, offering exclusive financial services that cater to both individuals and businesses. With an established reputation for providing quick loan disbursals and flexible loan solutions, Shriram Finance specializes in a wide range of financial products, including commercial vehicle loans, personal loans, and business loans. Their customer-focused approach and extensive presence across India have made them a trusted partner for individuals and enterprises looking for hassle-free financing options.

    For businesses in the construction and mining sectors, Shriram Finance offers specialized construction equipment loans and loan for construction and mining equipment. These financing solutions are perfect for businesses looking to acquire new construction equipment or upgrade their used construction machinery. With Shriram Finance, businesses can secure 100% financing for construction equipment and machinery, making it easier to expand operations without significant upfront costs. Whether it’s excavators, cranes, or backhoe loaders, Shriram Finance provides tailored solutions for all types of construction machinery financing needs.

    In addition to construction equipment loans, Shriram Finance also offers commercial vehicle and construction equipment loans, providing businesses with the flexibility to invest in both commercial vehicles and construction machinery. The company’s equipment financing solutions ensure quick approvals with minimal documentation, enabling businesses to acquire essential assets without delays. Whether you’re seeking an equipment machinery loan for heavy machinery or equipment financing for construction tools, Shriram Finance is your trusted partner for all your equipment loans and financing needs in India.

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    Loan Summary

    Loan Amount: 4,000,000
    Interest Payable: 0
    Monthly EMI: 0

    Finance Your Equipment Today

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      Key Features and Benefits of Shriram Finance Construction Equipment Loan

      Up to 100% Financing

      Up to 100% Financing for Construction Equipment

      Shriram Finance provides equipment financing that covers the entire cost of purchasing new or used construction machinery, such as excavators, cranes, and backhoe loaders. This 100% financing option reduces the immediate financial burden on businesses, allowing them to invest in essential equipment without upfront capital.

      Competitive Interest Rates

      Competitive Interest Rates

      The Construction Equipment Loan comes with customized interest rates starting from 10% per annum. These competitive rates ensure that businesses can manage their finances effectively while acquiring the necessary machinery to enhance productivity.

      Flexible Repayment Tenure

      Flexible Repayment Tenure

      Businesses can avail of flexible repayment options, with loan tenures extending up to 84 months. This flexibility allows companies to align their repayment schedules with their cash flow, ensuring manageable monthly installments.

      Minimal Documentation

      Minimal Documentation for Quick Processing

      Shriram Finance simplifies the loan application process with minimal documentation requirements. This streamlined approach accelerates loan processing, enabling businesses to obtain the necessary funds promptly and proceed with their equipment purchases without unnecessary delays.

      Regular EMI Reminders

      Regular EMI Reminders

      To help businesses stay on track with their repayments, Shriram Finance provides regular EMI reminders via SMS and email. These alerts ensure that businesses never miss an installment, promoting timely payments and maintaining a good credit record.

      No Collateral Required

      No Collateral Required

      The Construction Equipment Loan is secured against the purchased equipment, eliminating the need for additional collateral. This feature makes it accessible for businesses that may not have other assets to pledge, facilitating easier access to financing.

      Eligibility Criteria for Shiriam Finance Construction Equipment Loan

      To be eligible for Construction Equipment Finance from Shriram Finance, the applicant must be involved in construction equipment-related businesses such as construction, mining, or other sectors requiring heavy machinery. Additionally, the applicant’s age should not exceed 70 years at the end of the loan tenure, ensuring they are in a stable position to repay the loan.

      kyc
      Photo Identity Proof

      Aadhaar, PAN, Passport, Voter ID, or Driver’s License and the latest passport-size photographs

      house
      Address Proof Document

      Aadhaar Card, Passport, Driving license, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, Telephone Bill or Voter’s ID

      profit
      Income Proof Document

      Last 3 months’ bank/salary slips, ITR, audited accounts, or cash flow statement.

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      Asset Related Documents (Pre-Sanction)

      Proforma invoice, margin receipt, sale deed, valuation, RC, original invoice, or insurance copy.

      collateral
      Asset Related Documents (Post-Disbursement)

      Original invoice/RC/insurance with hypothecation in favor of the company, based on asset type.

      How to Apply for a Construction Equipment Loan from Shriram Finance

      01
      Browse Top Brands

      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.

      02
      Select Your Model

      Select the equipment model that best fits your project requirement, budget, and usage type—whether it’s for earthmoving, road work, mining, or lifting.

      03
      Apply

      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.

      Frequently Asked Questions

      Ans.

      Shriram Finance Construction Equipment Loan is a tailored financing solution offered by Shriram Finance for purchasing new or used construction machinery, with flexible terms and competitive interest rates starting from around 10% per annum.

      Ans.

      Under Shriram Finance Construction Equipment Loan, you can finance a wide range of machinery including excavators, cranes, forklifts, loaders, compactors, and other heavy construction and earth‑moving equipment .

      Ans.

      Shriram Finance offers up to 100% financing for the purchase of new or used construction machinery. The loan amount is determined based on the value of the equipment being financed and the applicant’s eligibility.

      Ans.

      Shriram Finance ensures quick loan approvals for construction equipment with a streamlined process and minimal documentation. The approval timeline typically takes a few business days, depending on the completeness of your application.

      Ans.

      Yes, Shriram Finance offers financing for both new and used construction equipment. Businesses looking to upgrade or expand their machinery can apply for loans to purchase quality used construction machinery at competitive rates.

      Ans.

      Shriram Finance Construction Equipment Loan offers competitive interest rates customized per borrower, typically starting from 10% p.a., depending on credit profile, equipment type, and other terms

      Ans.

      To be eligible for Shriram Finance Construction Equipment Loan, applicants must be aged 18–70, operate in transport or construction-related businesses, and meet credit and income criteria .

      Ans.

      To apply for a Shriram Finance Construction Equipment Loan, you need to submit valid photo ID and address proof such as Aadhaar, PAN, Voter ID, or Passport. You must also provide business registration documents and income proofs like IT returns and recent bank statements. Additionally, an equipment invoice or quotation, relevant insurance documents, and the last six months of bank statements are required for loan processing.

      Ans.

      Yes, the equipment financed acts as collateral for the loan, and adequate insurance coverage is required to safeguard against risks like damage or theft.

      Ans.

      Repayment tenure for Shriram Finance Construction Equipment Loan typically extends from 12 to 60 months, offering flexibility to align EMIs with your cash flow needs.

      Ans.

      Yes, you can pre-pay or foreclose your Shriram Finance Construction Equipment Loan. Prepayment terms and any charges will be communicated in your loan agreement.

      Get Loans for Top Construction Equipment Models

      Excavator
      Fine Equipments: Fine FM20 Fine FM38
      Concrete Mixer
      Bharat Benz: BharatBenz 2828C RMC
      VMP Equipments: Bull VMP 4000
      Apply Now

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