Construction Equipment Loans - Finance for Machinery
Fuelling infrastructure growth
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Get funding on wide varieties of equipment ranging from earthmoving, mining, material handling, road construction, concrete and material processing equipment’s.
Choose from a wide range of products including new equipment finance, refinance, balance transfer, working capital, asset insurance and opt for a financial solution that meets your business requirement.
Get your loan processed across the country with our wide network spanning across India.
Getting finance for your equipment is now hassle-free with minimal documentation and quick turn-around time.
The loan amount depends on applicant’s profile, nature of work, proposed asset, etc. and is subject to internal policy of ICICI Bank.
Funding can be Maximum up to 95% of the invoice value
Loan will be sanctioned basis the approved Policy and process of the Bank.
The tenure of the loan may vary from 12 to 60 months, depending upon the nature of the deal and the repayment capacity.
Repayment can be made through ECS / NACH or Auto-Debit (in the case of ICICI Bank account holders).
Prepayment of the loan is allowed, at a charge indicated on the ‘Service Charges’ page.
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