Any method of extending capital to businesses for the purpose of acquiring equipment.
Documents Required for Construction Equipment Loan
Documents | For 0 to 9 construction equipment owners | For 10 + construction equipment owners and captive users |
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Fully filled application form | ![]() |
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Identity proof : (pan card / passport / ration card / voter id card) of both applicant and co applicant/ guarantors |
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Passport size photographs of all applicants and co applicant/s / guarantor/s | ![]() |
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Address proof of all applicants and co applicants/ guarantors | ![]() |
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Stability / property ownership proof of all applicants and co applicants/ guarantors | ![]() |
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Last 6 months bank statements and bank continuity proof | ![]() |
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Earlier contracts / work orders executed /TDS certificates / billing statements / enlistment certificates etc | ![]() |
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Repayment track record , if any | ![]() |
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Contract / work order if any | ![]() |
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Fleet list on customer letterhead and RC copies/invoice copies of equipment/s if owned | ![]() |
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Proforma invoice from dealer / manufacturer for new construction equipment loans and valuation report for used construction equipment loans | ![]() |
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Enlistment certificates with major principals if any | ![]() |
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Last 2 years audited financials | ![]() |
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Last 2 years ITR | ![]() |