Excavator 
Backhoe Loader 
Motor Grader 
Wheel Loader 
Crane 
Concrete Mixer 
Compactor 
Skid Steer Loader 
Concrete Pump 
Telehandler 
Loan amount
Up to 100%
New or used machines · quick approvals · EMIs that fit your cash flow. We help you from enquiry to keys-in-hand.
An IIFL Finance construction equipment loan helps you buy machines like excavators, cranes, road rollers, concrete mixers and motor graders — new or used. IIFL is an NBFC with over 3,000 service locations, and it can fund up to 100% of a new machine's cost under a hypothecation model, so you need not pledge extra property. Repay over 12 to 60 months, with light paperwork (KYC, business proof, 6–12 months of bank statements) and approval often within 48 hours. Tell the Desi Machines finance desk your machine and city, and we'll help move the loan quickly.
Not every buyer wants to walk into a bank branch and wait weeks for an answer. For those who value speed, IIFL Finance is worth a close look. It is a well-known Indian NBFC (a non-banking finance company) that lends to retail customers, small shops and bigger businesses through more than 3,000 service locations across the country. Its Equipment & Machinery Loan is built for contractors, manufacturers, infra developers and SMEs who want to buy or upgrade a machine without draining the cash they need to run daily work.
Here is how the loan works in simple terms. IIFL lends against the machine itself under a hypothecation model, which means the machine you buy acts as the security. You usually do not have to pledge your house or land on top of that. You use the machine to earn on site, and you repay the loan in easy monthly instalments (EMIs) out of that income. For a new machine IIFL can fund up to 100% of the cost, so a company keeping cash free for diesel, wages and spares can still put a fresh machine to work.
What can you finance with it? Almost any machine that does real work on a site — excavators, loaders, batching plants, cranes, compactors and road rollers, concrete mixers, motor graders and industrial processing equipment. Good used machines are covered too, usually with favourable EMIs and a shorter tenure, which suits a smaller contractor whose budget fits a certified second-hand unit better.
The paperwork stays light. You need basic KYC, business proof and bank statements for the last 6 to 12 months. Once your file is complete, many loans are approved within 48 hours. Interest is fixed and works out on your credit profile, machine type and loan size, and repayment can stretch over 12 to 60 months so your EMI lines up with how the machine earns. Want to weigh other lenders first? You can compare ICICI Bank and Bajaj Finserv on our finance page before you decide.
Loan amounts, interest rates and tenures shown here are indicative and are decided by IIFL Finance based on your profile. Please confirm the latest terms with the lender or our finance desk before you apply.
Get maximum funding for new machinery purchases—ideal for companies aiming to conserve cash flow.
Access loans on certified second-hand equipment with favorable EMIs and shorter tenures.
Minimal documentation, fast approvals, and disbursal within a few days to keep your project on track.
Loan tenures of up to 60 months with options for structured EMIs based on cash flow or project stages.
Refinance existing equipment loans at better rates or avail top-up amounts for working capital needs.
IIFL offers optional insurance and protection plans bundled into your loan to cover damage, theft, and liability.
Wondering what your monthly EMI will look like? Slide the values below to see it right away. As an illustration, on a ₹30 lakh loan over 5 years (60 months), a typical EMI lands somewhere near ₹64,000 a month, and the figure shifts as you change the amount, down payment or tenure. This is only an example — your real rate depends on your profile. Send us the details and we’ll confirm it with IIFL.
You don’t need to be a large firm to qualify. IIFL Finance lends to contractors, small business owners, builders, fleet operators and SMEs working in construction, infrastructure or mining. What it mainly checks is straightforward: some business track record (usually around six months of vintage), steady income to cover the EMI, valid KYC papers, and a clean credit record. You should also own or hold a share in the business. Refinance and top-up options are there too if you already have an equipment loan. Not sure whether you fit? Talk to our team first — we check for you at +91 90 5147 5147 before you spend time on forms.
Aadhaar card, PAN, passport, voter ID, or driving license.
GST registration, trade license, or firm incorporation certificate.
Last 6 months’ bank statements, latest ITRs, or audited financials.
Dealer quotation or proforma invoice for the equipment being financed.
Equipment being financed is hypothecated; other security may be asked in certain cases.
Getting started is simpler than most people expect, and you don’t have to sort it out alone. You pick the machine, we handle the finance paperwork, and IIFL does the approval. Because IIFL keeps documentation light and works fast, a complete file often moves within a couple of days. Just call the Desi Machines finance desk at +91 90 5147 5147 or email hello@desimachines.com and we’ll take it from there.
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 backhoe loaders, tippers, excavators, cranes, tractors, and other construction machinery.
Yes—based on eligibility, IIFL offers up to 100% funding on selected equipment models.
Yes—IIFL offers a fully digital application and approval process via their website and mobile app.
Yes—IIFL provides loans for pre-owned and refurbished construction equipment after evaluation.
Disbursal usually happens within 3–5 working days, depending on document submission.
Absolutely—refinance and balance transfer options are available with competitive terms.
Yes—insurance can be bundled into your EMI for asset protection throughout the tenure.
Loan repayment tenure can go up to 60 months, depending on the equipment and borrower profile.
Check IIFL Finance 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.
