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Money matters

Documentation for Construction Equipment Loan

The construction equipment loan is a financial scheme directed towards facilitating the work of organisations in the construction industry. We, at YES BANK, provide flexible financial solutions to meet all kinds of needs relating to infrastructure development activities.

These loans help enterprises from the construction industry meet the requirements of new-age technology, which further enables infrastructural development. While large-scale contractors are benefitted by the additional financial boost, the scheme is especially beneficial for small and medium enterprises (SMEs), which are considered to be the backbone of the economy and are pivotal in the development of the private sector. The availability of financial services is essential for the sustenance and growth of the SME sector. Realising the importance of this sector, YES BANK offers an SME loan for the purchase of new and used construction equipment, required working capital and other term loans. Our SME loan schemes ensure that enterprises throughout the industry have sufficient finances to access all kinds of material, including –

  • Drills
  • Road Rollers
  • Crushing Plants
  • Compressors
  • Dozers
  • Fork Lifts
  • RMC Plants
  • Wheel Loaders
  • Cranes
  • Backhoe Loaders
  • Compactors
  • Excavators
  • Concrete Pumps
  • Transit Mixers
  • Pavers
  • Graders
  • Tipper/Dumpers
  • Hot Mix Plants
  • Rock Breakers
  • WMM Plants
  • DG Sets
  • Reach Stackers, and more

You can avail loans for all kinds of equipment, including up to 100% financing of construction equipment. Additionally, the application process for the loan is simple, with a quick turnaround time. You are required to produce only basic documentation, which includes-

  • Proof of Residence
  • Bank Statements
  • KYC Documents
  • Applicable Track Record

You will be able to track your application and avail of necessary funds by following this simple and transparent process.

Applying for a construction equipment loan has never been easier. You can apply at your nearest YES BANK’s branch or use our phone banking option. Our qualified assistants can help you through the process in a hassle free manner to ensure transparency and quick disbursal of the loan.

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