Construction Equipment Loans in Chennai

Construction Equipment Loans in Chennai: Construction Equipment Loans are loans are loans granted for purchase of construction equipments required for development of your construction project. Construction equipment loans are granted for the funding for wide variety of equipment from brand new construction equipment to used equipment. Construction equipment can be from any domain varying from construction equipments utilized by mine owners, road contractors as well as builders. Choose from a wide range of products or opt for a financial solution that meets your requirements.

A loan to purchase construction equipment can be availed anywhere across the country as well as in your city Chennai with a simple, hassle-free process, with least documentation procedure and quick turn-around time.

Check Your Eligibility

Loan Amount that can be availed to purchase construction equipment in Chennai

• Any individual, partnership firm, organization having more than two years of business experience can apply for construction equipment loan in Chennai
• You can apply for a construction equipment loan in Chennai if you are an existing owner of construction equipment.
• You can also apply for construction equipment loan in Chennai if you have been using equipment for self purpose; you are a mine owner or a contractor.

Rate of interest

You can avail construction equipment loans at rate of interest equivalent to 12.00% p.a.

Loan Tenure

Construction equipment loans can be availed for loan tenure of 12 to 60 months depending on your affordability.

Mode of Repayment

Repayment of your construction equipment loan can be made through Electronic Clearing Services (ECS) as well as Post-dated cheques. You can also choose to make a Prepayment of the loan with Nil Fore-Closure charges.

Insurance for Construction Equipment

You construction equipment can be insured in order to ensure that your loan value is covered in case of any force maturer event.

Documents required to avail Construction Equipment Loans in Chennai

• Passport Sized Photograph
• Duly filled application form
• KYC Documents
• Residential Proof
• Six Months Bank Statement

How to apply for Construction Equipment Loan in Chennai

Applying for Construction Equipment Loans is not just easy and hassle-free but is also just click away. No matter where you are you can apply for construction equipment loans online by signing up on the website . Letzbank is an online portal for all kinds of loans available not only in Hyderabad but all over the country. All you need to do is to sign up, fill in your details in application form, submit your application and get going. Our customer care executives will take care of the rest and guide you through. Remember- our online services are absolutely free of cost, so quickly submit your application to avail your choice of construction equipment Today!