Excavator 
Backhoe Loader 
Motor Grader 
Wheel Loader 
Crane 
Concrete Mixer 
Compactor 
Skid Steer Loader 
Concrete Pump 
Telehandler 
Loan amount
₹5 L – ₹1 Cr
New or used machines · quick approvals · EMIs that fit your cash flow. We help you from enquiry to keys-in-hand.
An IDFC FIRST Bank construction equipment loan helps you buy machines like excavators, backhoe loaders, cranes, forklifts and road rollers — new or used. For construction equipment you can borrow ₹5 lakh up to ₹1 crore, repay over up to 7 years, and the bank funds up to 100% of the machine's value, with interest starting around 9% a year. Small loans need little paperwork and part of the amount can be collateral-free. Individuals, proprietors, firms and companies can apply. Tell us your machine and city, and the Desi Machines finance desk will get your loan moving — call +91 90 5147 5147 or write to hello@desimachines.com.
Some banks have been around for a century. IDFC FIRST Bank took a different road. It was born in 2018, when IDFC Bank joined hands with Capital First, and the two together turned into one of India’s fast-growing private banks. Because Capital First spent years lending to small businesses and first-time borrowers, that DNA carried over. So when a contractor in a smaller town walks in asking for a machine loan, this is a bank that already understands people who are still building their name.
An IDFC FIRST Bank construction equipment loan is simply money the bank lends you to buy a machine for your work. You put the machine to use on site, earn from it, and pay the bank back in small monthly instalments called EMIs. The machine itself usually stands as the security, so many borrowers do not have to pledge extra land or property. New machine or a solid second-hand one — both can be financed, which matters a lot when a used backhoe suits your pocket better than a fresh one.
What can you put on finance? Most machines that earn their keep on a real site — excavators, backhoe loaders, cranes, forklifts, road rollers, motor graders and concrete mixers. The bank covers construction, earthmoving, road, mining and material-handling work, so whether the model sits on Desi Machines or not, if it is a genuine work machine it can usually be funded.
For construction equipment the loan runs from ₹5 lakh to ₹1 crore, with repayment stretched up to 7 years, and the bank can fund up to 100% of the machine’s value. Interest starts around 9% a year and depends on your profile. Smaller loans need very little paperwork, and part of the amount can even be collateral-free. The idea is plain: take the machine now, keep your cash free for diesel, wages and spares, and let the machine slowly pay for itself. Want to weigh your choices? Compare Sundaram Finance and SBI on our finance page before you decide.
Loan amounts, interest rates and tenures shown here are indicative and are decided by IDFC FIRST Bank based on your profile. Please confirm the latest terms with the bank or our finance desk before you apply.
IDFC FIRST Bank offers construction equipment finance from ₹5 lakh to ₹1 crore, enabling contractors and SMEs to access heavy equipment loans and machinery and equipment loan options. Competitive LTV up to 100% supports robust equipment financing for business.;
Enjoy flexible tenures ranging from 12 to 72 months with construction machinery finance, and interest rates starting around 9% p.a. Ideal for equipment finance, finance for machinery, and equipment loans, helping manage cash flow effectively .
With streamlined documentation for machinery loans and equipment machinery loan, IDFC FIRST Bank ensures quick approvals. Loans up to ₹1 crore require minimal paperwork, while heavy equipment financing remains hassle free with transparent, no hidden fee structures..
Borrow up to 100% of equipment value with equipment loans secured primarily by the asset. Used machinery loan and finance for equipment facilities include collateral free options up to ₹3 crore, ideal for SMEs and startups.
As a leading equipment financing company and machinery finance company, IDFC FIRST Bank provides a dedicated relationship manager, clear construction equipment finance fee disclosures, and personalized support—alongside transparent processing and valuation charges
Finance a wide range of equipment—new or used—across industries like infrastructure, material handling, construction, earthmoving, road & mining. Get tailored heavy equipment financing and construction equipment loans suited for cranes, loaders, and earthmoving machinery upgrades.
Wondering what your monthly EMI will be? Slide the values below and see it right away. As an example, on a ₹25 lakh loan at 9.5% for 5 years, the EMI comes to roughly ₹52,500 a month. 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 IDFC FIRST Bank.
You don’t have to be a large firm to qualify. IDFC FIRST Bank lends to individuals, proprietors, partnership firms, private and public limited companies, HUFs, trusts, societies and OPCs working in construction, earthmoving, road, mining or transport. The bank mainly wants to see a bit of business history, steady income to cover the EMI, and a clean credit record. MSMEs and contractors fit this well, and newer businesses can often apply too with a little more margin. Not sure if you make the cut? Talk to our team first on +91 90 5147 5147 — we check for you before you spend time on forms.
PAN card, Aadhaar, voter ID, passport, or driving license and lates passport size photographs for identity verification.
Utility bill, Aadhaar, passport, voter ID, or rent agreement showing current residence or business location.
Documentation such as GST certificate, MOA/AOA, partner deed, shop act license—required for construction equipment finance eligibility.
Last 6 month Bank statements, ITRs or audited financials of last two years.
Submit supplier quotes and machinery invoices to process your equipment machinery loan quickly and efficiently.
Collateral may include machinery being financed or property when applying for high-value heavy equipment financing.
Getting the loan is simpler than most first-time buyers expect, and you are not on your own. You choose the machine, our team fills in and checks the finance paperwork, and IDFC FIRST Bank does the approval. That’s the whole path from “I need a machine” to keys in your hand. A clean, complete file usually moves in just a few working days — call Desi Machines on +91 90 5147 5147 and we’ll start it for you.
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.
IDFC Bank offers construction equipment finance for a wide range of new and used machines including excavators, backhoe loaders, cranes, forklifts, road rollers, and concrete mixers. These heavy equipment loans support multiple industries like construction, logistics, and infrastructure.
Machinery loans are available to individuals, proprietors, partnership firms, private/public limited companies, HUFs, trusts, societies, and One-Person Companies (OPCs) with relevant business experience and income eligibility. This makes it ideal for contractors, builders, and SMEs seeking equipment financing for business.
IDFC Bank provides competitive construction machinery finance interest rates, typically starting around 9% p.a. Final rates depend on applicant profile, business turnover, loan tenure, and equipment type, ensuring accessible finance for equipment and finance for machinery needs.
Applicants must provide KYC (photo ID, address), bank statements/ITR, fleet lists and proof of machinery valuation—aligned with finance for machinery norms
In most cases, the equipment itself acts as primary collateral for the equipment machinery loan. For higher-value loans or special cases, IDFC Bank may request additional collateral, especially for used machinery loan or unsecured machinery and equipment loan.
Yes, IDFC Bank charges a standard processing fee (generally 1–2% of loan amount), along with applicable stamp duty and documentation charges. Transparent pricing ensures your equipment financing company experience remains hassle-free and budget-friendly.
Borrowers can foreclose or prepay the loan before the agreed tenure. Foreclosure charges may apply depending on the loan type and repayment duration. These charges are communicated upfront, ensuring complete clarity in equipment loans repayment terms.
You can avail loan amounts from ₹5 lakh to ₹1 crore with flexible equipment finance tenures ranging from 12 to 84 months. The bank also offers 100% funding options under select schemes, including heavy equipment financing for new machinery.
Yes, IDFC Bank offers used machinery loans for qualified customers. While LTV may vary based on asset condition and valuation, the bank remains a preferred machinery finance company for both new and pre-owned asset purchases.
The equipment loan application is typically processed within 3–7 working days, provided all documents are submitted correctly. IDFC FIRST Bank is known for its fast turnaround and minimal documentation process in construction equipment finance.
Check IDFC First 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.
