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 IDBI Bank equipment loan helps you buy machines like excavators, backhoe loaders, motor graders and concrete mixers without paying the full cost upfront. You can borrow from ₹10 lakh up to ₹5 crore and repay over up to 7 years, putting in just a 20% margin on the machine cost. The machine itself is the security, so no extra property collateral is needed. Contractors, proprietors, partnership firms, SMEs and companies can all apply, and MSME schemes like Mudra help first-timers. Tell us your machine and city, and the Desi Machines finance desk will get your loan moving.
Most contractors know the feeling. A good project is waiting, but the machine you need to do it costs more cash than you can spare in one shot. This is exactly the gap IDBI Bank tries to fill. IDBI is a well-known Indian bank that lends across corporate, retail, MSME and farm sectors, and it runs a special IDBI Equipment Finance scheme just for buying tools, machinery and construction equipment. So instead of draining your savings, you let the bank fund the machine and pay it back slowly from the work it does.
An IDBI Bank equipment loan works in a simple way. The bank pays for the machine, you put in a small share, and the machine itself stands as the security through hypothecation. That means you usually do not have to pledge your house, land or any other property. For a small business or a first-time buyer, that is a big relief — your family assets stay safe while the machine earns for you.
What can you finance with it? Pretty much any genuine site machine — excavators, backhoe loaders, motor graders, concrete mixers, forklifts, tippers, crushers and other earthmoving and infrastructure tools. It does not matter if the exact model is listed on Desi Machines or not. If it is a real construction or mining machine that does honest work, IDBI can usually fund it.
The loan runs from ₹10 lakh up to ₹5 crore, and you can stretch repayment to 7 years, so your EMIs sit comfortably with your project cash flow. You only need to bring about 20% of the machine cost yourself, and the rest comes from the bank at a competitive rate tied to its lending benchmark. First-time and small contractors can also get extra help through government MSME schemes like Mudra and Sanjeevani. Want to weigh other lenders too? Compare Bajaj Finserv and Tata Capital on our finance page before you decide.
Loan amounts, interest rates and tenures shown here are indicative and are decided by IDBI Bank based on your profile. Please confirm the latest terms with the bank or our finance desk before you apply.
Individuals, sole proprietorships, partnerships, LLPs, and private/public limited companies that work in construction and infrastructure can all get this.
This loan is meant to help contractors, EPC companies, and industrial users buy new construction equipment, tools, and machinery for business use.
Loans can be between ₹10 lakhs and ₹5 crores, which gives businesses plenty of room to upgrade or add to their fleet of machines.
You can get a loan for up to 7 years, which lets you structure your EMIs in a way that works with your project’s cash flow and business cycles.
Borrowers need to contribute just 20% of the asset cost, making the loan accessible and financially less burdensome upfront.
The loan is secured only by hypothecation of the financed equipment, eliminating the need for additional property or fixed asset collateral.
IDBI Bank ensures a streamlined approval process, minimal documentation, and transparent lending, making it a trusted partner for growing construction businesses.
Wondering what your monthly EMI will be? Move the sliders below and see it right away. As an example, on a ₹30 lakh loan over 7 years, your EMI comes to roughly ₹50,000 a month at a typical rate. Change the amount, down payment or tenure and the figure updates on its own — no calculator needed. Want the exact number for your case? Send us the details and we’ll confirm it with IDBI Bank.
You do not have to be a large firm to qualify. IDBI Bank lends to individual contractors, sole proprietors, partnership firms, LLPs, private and public companies, and SMEs working in construction, infrastructure or mining. What the bank checks is straightforward: at least one year in business, steady income to cover the EMI, and a clean credit record. First-time and small contractors can still apply, often with support from MSME schemes like Mudra. Not sure if you fit? Just call our team on +91 90 5147 5147 or write to hello@desimachines.com — we check for you before you spend time on paperwork.
PAN card, Aadhaar, passport, voter ID, or driving license.
Utility bills, Aadhaar, or a valid KYC document with address.
GST registration, trade license, firm registration, or incorporation certificate.
Last 6 months’ bank statements, ITRs, or audited balance sheets.
Proforma invoice for new machinery or valuation report for used assets.
Hypothecation of equipment; additional security may be requested for larger loans.
Applying does not have to feel like a maze, and you will not be doing it alone. You choose the machine, our team handles the finance paperwork, and IDBI Bank does the approval. That is the whole path from “I need a machine” to “keys in my hand.” Once your papers are in order, most complete files move in just a few working days — no chasing branches, no confusing forms.
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.
You can finance excavators, cranes, compactors, batching plants, backhoe loaders, and more.
IDBI Bank offers up to 80% of the asset cost, depending on the asset and applicant profile.
Yes, used construction machinery is eligible, subject to age, condition, and valuation approval.
The loan tenure can go up to 72 months for new equipment and slightly lower for used machines.
Yes—customized EMI plans are available to match your income cycle and project payments.
Loan processing is quick; disbursal usually takes 3–5 working days post-documentation.
In most cases, the machinery itself is hypothecated; further collateral may be required for higher-value loans.
Yes, IDBI Bank provides top-up loans and balance transfer options for existing borrowers.
Check IDBI 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
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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.
