Excavator 
Backhoe Loader 
Motor Grader 
Wheel Loader 
Crane 
Concrete Mixer 
Compactor 
Skid Steer Loader 
Concrete Pump 
Telehandler 
Loan amount
Up to 100% funding
New or used machines · quick approvals · EMIs that fit your cash flow. We help you from enquiry to keys-in-hand.
A Shriram Finance construction equipment loan helps you buy machines like excavators, backhoe loaders, cranes, motor graders and tippers — new or second-hand. As one of India’s largest NBFCs, Shriram is known for backing used machinery and first-time buyers. You can get up to 100% financing, with interest from around 10% a year and repayment up to 84 months, and the machine itself is the security — no extra collateral. Tell the Desi Machines finance desk your machine and city, and we’ll help move the loan quickly with light paperwork.
Some lenders start with a big city branch. Shriram Finance started on the road — financing the trucks and machines that small operators actually run to earn a living. It grew into one of India’s biggest non-banking finance companies (an NBFC), and along the way it built a name most banks never had: it is comfortable lending against used and second-hand machinery. For a first-time buyer in a small town, that matters a lot.
A Shriram Finance construction equipment loan is simple money to buy a machine, which you then repay in monthly instalments (EMIs) from the work the machine does. The machine itself stands as the security, so you don’t have to pledge a house or extra land — the loan needs no separate collateral. Paperwork is kept light too, so a genuine buyer with a clear plan is not stuck waiting for weeks.
So what can you put on finance? Real working machines — excavators, backhoe loaders, wheel loaders, cranes, motor graders, tippers, compactors, crushers and other heavy site equipment. New or old, it does not matter much; if it is a real construction or mining machine, Shriram can usually fund it. This second-hand comfort is a big reason contractors just starting out come to them first.
Here is the part people like best: Shriram Finance can cover up to 100% of the machine cost, with interest starting from 10% per year and repayment stretched up to 84 months (that’s seven years). Because it can fund the full amount, you keep your own cash free for diesel, wages and the day-to-day running of the job. You even get EMI reminders on SMS and email, so an instalment never slips by mistake. Want to weigh your choices? You can compare Sundaram Finance and SBI on our finance page, or protect the machine you buy with Shriram General Insurance.
Loan amounts, interest rates and tenures shown here are indicative and are decided by Shriram Finance based on your profile. Please confirm the latest terms with the company or our finance desk before you apply.
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.
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.
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.
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.
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.
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.
Wondering what your monthly EMI comes to? Move the sliders below and see it right away. For example, on a ₹30 lakh loan at 10.5% spread over 7 years (84 months), the EMI works out to roughly ₹50,700 a month. Change the amount, down payment or tenure and the figure updates on its own — no maths in your head. Want the exact number for your case? Send us the details and we’ll confirm it with Shriram Finance.
You don’t need to be a large firm to qualify. Shriram Finance lends to people and businesses working in construction, mining, earthmoving and related heavy-machinery trades — proprietors, small contractors, partnership firms and companies alike. The main things they look at are simple: is there real work and steady income to cover the EMI, and is your repayment record clean? One easy rule to remember is on age — you should be under 70 years at the end of the loan tenure. Not sure if you fit? Just talk to our team first; we check for you before you spend time on paperwork.
Aadhaar, PAN, Passport, Voter ID, or Driver’s License and the latest passport-size photographs
Aadhaar Card, Passport, Driving license, Gas Connection Card, Water Bill, Electricity Bill, Prepaid Mobile Bill, Telephone Bill or Voter’s ID
Last 3 months’ bank/salary slips, ITR, audited accounts, or cash flow statement.
Proforma invoice, margin receipt, sale deed, valuation, RC, original invoice, or insurance copy.
Original invoice/RC/insurance with hypothecation in favor of the company, based on asset type.
Getting started is easier than most first-time buyers expect, and you don’t have to sort it out on your own. You pick the machine, our team handles the finance paperwork, and Shriram Finance does the approval. Because documentation is kept light, a clean file usually moves in just a few working days — from “I need a machine” to keys in your hand.
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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.
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 .
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.
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.
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.
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
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 .
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.
Yes, the equipment financed acts as collateral for the loan, and adequate insurance coverage is required to safeguard against risks like damage or theft.
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.
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.
Check Shriram 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.
