Excavator 
Backhoe Loader 
Motor Grader 
Wheel Loader 
Crane 
Concrete Mixer 
Compactor 
Skid Steer Loader 
Concrete Pump 
Telehandler 
Loan amount
Up to 95% funding
New or used machines · quick approvals · EMIs that fit your cash flow. We help you from enquiry to keys-in-hand.
A Yes Bank construction equipment loan helps you buy machines like excavators, backhoe loaders, cranes and loaders — new or used. Yes Bank funds up to 95% of the machine cost, so your down payment stays small, and you can repay over up to 72 months with EMIs matched to your cash flow. Interest is linked to the bank's MCLR and stays competitive. You need about two years in business and a clean record. The bank also offers top-up loans, refinance and balance transfer across 350+ cities. Tell the Desi Machines finance desk your machine and city, and we'll get your loan moving.
Most contractors don’t have twenty or thirty lakh sitting idle in the bank. The machine has to earn first, then pay for itself. That is exactly the gap a Yes Bank construction equipment loan fills. Yes Bank is a private bank in India that lends heavily to small businesses and infrastructure work, and it has kept its equipment-loan process digital and quick — you send your papers, they check, and the money moves without you standing in a queue for weeks.
Here is how it works in plain words. The bank pays for the machine, you take it to your site, and you return the money in small monthly parts (EMIs) from the work it brings in. The machine itself usually stands as security, so you often don’t have to pledge your house or land. One thing that helps new buyers a lot: Yes Bank funds up to 95% of the machine cost. That means you put down very little from your pocket and keep the rest free for diesel, spares and wages.
What can you buy with it? Nearly any working machine — backhoe loaders, wheel loaders, cranes, motor graders, plus excavators, tippers, compactors and other construction or mining gear. New or second-hand, both are fine. And it is not only fresh purchases: Yes Bank also does top-up loans, refinance and balance transfer, so if you already have an equipment loan running elsewhere, you can move it over or borrow a little more on top.
Repayment can stretch up to 72 months, so the EMI stays light against your monthly earnings. Interest is linked to the bank’s MCLR and stays competitive; the exact rate depends on your profile. With relationship managers across 350+ cities, help is usually close by even if your worksite is off the main road. Want to weigh other banks first? 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 Yes Bank based on your profile. Please confirm the latest terms with the bank or our finance desk before you apply.
Yes Bank offers up to 95% financing on new or used construction and mining machinery. This high LTV reduces upfront capital requirements, making it easy to access critical heavy equipment through a dedicated construction equipment loan .
The loan repayment tenure extends up to 72 months, allowing borrowers to align EMI payments with cash flow cycles. This structure provides affordable monthly payments and ensures businesses can manage their infrastructure equipment loan comfortably .
Yes Bank streamlines the commercial vehicle & construction equipment loan process with minimal documentation—KYC, bank statements, ITRs, equipment invoices—resulting in quick approval and disbursement, reducing administrative delays on construction projects .
Clients can finance new purchases, used machinery, top-up funding, balance transfers, and refinance existing equipment loans—all tailored to evolving equipment investment needs under a robust construction equipment loan framework .
The equipment loan comes with attractive interest rates aligned with MCLR, plus flexible EMI options. Borrowers benefit from customized repayment plans that optimize cost-efficiency for their construction or mining equipment investments .
With availability across 350+ cities, Yes Bank’s dedicated relationship managers support borrowers throughout the loan lifecycle. This makes obtaining a loan for construction and mining equipment simple—regardless of location or scale .
Wondering what the monthly EMI will be? Slide the values below and it updates on its own — no maths needed. As a rough example, a ₹30 lakh loan over 5 years at around 11% comes to roughly ₹65,000 a month. This is only illustrative; your real rate depends on your profile. Change the amount, down payment or tenure to see how the EMI shifts. Want the exact figure for your case? Send us the details and we’ll confirm it with Yes Bank.
You don’t need to be a large company to qualify. Yes Bank lends to contractors, builders, proprietors, partnership firms and mining businesses working in construction, earthmoving, road work and allied trades. The main things the bank checks are simple: do you have at least two years of business behind you, is there steady income to cover the EMI, and is your credit record clean? Proper documents — KYC, bank statements and ITRs — round it off. If you’re not sure whether you fit, just call our team first. We check your case for you before you spend time gathering papers, so you don’t chase an application that won’t clear.
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 of business location.
Submit GST certificate, company registration, partnership deed, or incorporation certificate for legal business confirmation
Provide last two years’ audited ITRs, profit & loss statements, and six-month bank statements .
Submit official proforma invoice or quotation detailing machinery specs and cost for loan eligibility
Provide hypothecation agreement or collateral documents if required for higher-value equipment finance.
You don’t have to work this out on your own. You choose the machine, our team fills in the finance paperwork with you, and Yes Bank does the approval. Keep your KYC, bank statements, ITRs and the equipment invoice handy — that is most of what the bank asks for. Once your file is complete, approval and disbursal are usually quick, and you’re on the way from “I need a machine” to keys in hand.
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.
A Yes Bank Construction Equipment Loan is a tailored financing solution that allows individuals, contractors, and businesses to purchase new or used equipment—such as excavators, loaders, and cranes—essential for construction and infrastructure projects
Eligible applicants include individuals, proprietorships, partnerships, private or public limited companies, contractors, mining operators, and infrastructure developers with a stable income and satisfactory credit history .
Yes Bank finances a wide variety of construction equipment including excavators, backhoe loaders, wheel loaders, cranes (such as crawler, hydraulic, and tower cranes), compactors, rollers, concrete mixers, boom placers, motor graders, dozers, and pavers.
Yes Bank offers competitive interest rates, typically based on the external benchmark lending rate (EBLR) plus a margin; processing fees are also applicable
Yes Bank offers flexible repayment options with tenures ranging from 12 months to 72 months, depending on the borrower’s repayment capacity and the nature of the equipment.
You can finance up to 95–100% of the equipment cost, subject to approval, with repayment tenures extending up to 60 months
Applicants must submit KYC (PAN, Aadhaar), address proof, income tax returns (last 2–3 years), bank statements (typically last 6 months), audited financials (for firms), company registration documents, GST registration, a pro forma invoice or quotation for the equipment, and Dated Cheques or ECS mandate for repayment .
The financed equipment itself serves as primary collateral (hypothecation), and in certain cases the bank may request additional collateral or a personal guarantee. GPS tracking may be installed for asset monitorin.
Yes, Yes Bank finances used construction equipment, typically up to an age of 5–7 years, depending on the asset’s condition and valuation .
Yes, a processing fee is applicable and typically ranges between 1% to 2% of the loan amount, plus applicable taxes. The exact charges are disclosed during the loan application process.
Yes, existing customers with a good repayment track record can apply for a top-up loan or refinance their existing construction equipment loans. Balance transfer options are also available for eligible borrowers.
Yes Bank generally processes and disburses applications within 3–7 working days once all required documentation is submitted and verified .
Yes, borrowers can prepay or foreclose the loan. Prepayment charges may apply, especially if opted for fixed-rate; for floating-rate loans, charges may vary .
Check Yes 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.
