Most contractors do not sit on a pile of cash. You have wages to pay, diesel to buy and a site that must keep moving. So when a new machine is needed, borrowing the money is often the smart choice — not a last resort. This is the gap an IndusInd Bank construction equipment loan is built to fill. IndusInd is a private sector bank backed by the Hinduja Group, started in April 1994, and it has grown a wide branch network that reaches urban centres, industrial belts and far-off project sites alike.
The bank runs a dedicated Heavy Commercial Vehicles & Construction Equipment Loan. In simple words, the bank pays for the machine, you put it to work, and you clear the amount in easy monthly instalments (EMIs) from what the machine earns. The machine itself stands as security, so you usually don’t have to pledge extra land or property. A strong point here is the funding size: IndusInd finances up to 90% of the on-road price for new equipment, or up to 90% of the market value for a used one. That leaves only a small part for you to arrange from your own pocket.
What can you finance? Pretty much any machine that does real work — JCBs, excavators, backhoe loaders, wheel loaders, cranes, compactors and road rollers, tippers, crushers and other earth-moving gear. New or second-hand, both are fine. If you are just starting out and a good used excavator suits your budget, the bank treats that request as seriously as a brand-new purchase.
Two things builders like most about this loan are speed and breathing room. Approved files are usually disbursed within 48 hours, so you don’t lose a project waiting on money. And you can spread repayment over a tenure of up to 59 months at a competitive interest rate, keeping each EMI light. First-time buyer or seasoned fleet owner — the bank has room for both. Want to weigh other private banks first? You can compare HDFC Bank and ICICI Bank on our finance page before you decide.
Loan amounts, interest rates and tenures shown here are indicative and are decided by IndusInd Bank based on your profile. Please confirm the latest terms with the bank or our finance desk before you apply.
Excavator
294 models 
Backhoe Loader
51 models 
Crane
68 models 
Concrete Mixer
79 models 
Wheel Loader
54 models 
Compactor / Roller
45 models 
Motor Grader
42 models 
Concrete Pump
66 models 
Skid Steer Loader
11 models 
Telehandler
13 models 
