Benefits of Loan Against Construction Equipment
- Loan facility is offered to contractors, hirers & mine owners with experience, small petty contracts/formal in-hand contracts and road contractors looking for refinancing
- Dedicated assistance at every step of the process with assistance from valuers and agents
- We provide refinancing offers on your construction equipment for working capital needs such as education, marriage in the family, emergency expenses, etc.
- Instant approvals and paperless transactions with minimal documentation and over-the-counter disbursement
Eligibility for Loan Against Construction Equipment
The following entities are eligible to avail a Construction Equipment Loan from AU Bank:
- Contractors
- Hirers and Mine Owners who have the ability and experience in running/deployment of similar assets
- Formal contracts in hand/ small petty contracts
- Road contractors
- Prior credit history, if any, should be satisfactory
- Customers require to fulfill our credit norms to avail Used Construction Equipment Loans
How to Apply
Fill in the online application form for the Used Construction Equipment Loan and our representative will get in touch with you
- You can apply for a Used Construction Equipment Loan by calling our customer care center @ 1800 1200 1200
- Visit the nearest AU Bank branch
- Write to us at [email protected] for any queries
List of Documents
- Loan application form
- Identity proof
- Address proof
- Other relevant documents
FAQs
