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    Construction Equipment Loan

    Empower your business with LoanSeva’s Construction Equipment Loan, designed to help contractors, builders, and infrastructure companies acquire the machinery they need to complete projects efficiently. Whether you’re looking to purchase excavators, cranes, loaders, or concrete mixers, this loan provides quick and easy financing with flexible repayment options.

    At LoanSeva, we understand that owning modern and reliable equipment is crucial to maintaining productivity and competitiveness in the construction industry. Our Construction Equipment Loan comes with low interest rates, minimal documentation, and fast disbursal, ensuring your projects never face downtime due to equipment shortages.

    Documents Required

    • ✅ PHOTOGRAPHS (2)
    • ✅ PAN CARD COPY
    • ✅ AADHAR CARD + PASSPORT
    • ✅ ADDRESS PROOF (IF RENTED, ALSO REQUIRED PERMANENT ADDRESS PROOF)
    • ✅ LAST 3 YEARS FORM-16, ITR WITH COMPUTATION OF INCOME (IF FILED)
    • ✅ LAST 1 YEAR BANK STATEMENT – SALARY ACCOUNT
    • ✅ LOAN SCHEDULE & SANCTION LETTER (IF RUNNING)
    • ✅ COMPLETE PROPERTY PAPERS WITH CHAIN & MAP + ATS
    • ✅ PROCESSING FEE CHEQUE IN FAVOUR OF BANK
    • ✅ LAST 3 MONTHS SALARY SLIP + APPOINTMENT LETTER
    • ✅ PHOTOGRAPH BOTH
    • ✅ PAN CARD CLEAR COPY – PROPRIETOR
    • ✅ ADDRESS PROOF (PASSPORT, VOTER ID CARD) – PROPRIETOR
    • ✅ OFFICE ADDRESS PROOF LATEST (ELECTRICITY BILL, TELEPHONE BILL)
    • ✅ LOAN SCHEDULE & SANCTION LETTER (IF RUNNING)
    • ✅ FIRM REGISTRATION CERTIFICATES & GST REGISTRATION COPY
    • ✅ LAST 1 YEAR GST RETURN COPY
    • ✅ FIRM 3 YEARS ITR COMPUTATION, PROFIT LOSS A/C, BALANCE SHEET, TAX AUDIT REPORT, ALL SCHEDULED & ANNEXURE
    • ✅ PROVISIONAL FINANCIAL AY 2019-20
    • ✅ BANK ACCOUNTS (CURRENT ACCOUNT, CC ACCOUNT, OD ACCOUNT LAST 1 YEAR UPDATED)
    • ✅ 6 MONTH SAVING ACCOUNT STATEMENT UPDATED (PROPRIETOR)
    • ✅ IF RUNNING ANY LOAN PLEASE PROVIDE SANCTION LETTER AND REPAYMENT SCHEDULED
    • ✅ AGREEMENT TO SELL COPY
    • ✅ PROPERTY PAPERS WITH CHAIN SANCTION MAP
    • ✅ PHOTOGRAPH PARTNERS
    • ✅ PAN CARD – COMPANY, ALL PARTNERS
    • ✅ ADDRESS PROOF – ALL PARTNERS (PASSPORT, VOTER ID CARD, PAN, AADHAAR)
    • ✅ FIRM ADDRESS PROOF – LATEST ANY UTILITY BILL
    • ✅ PARTNERSHIP DEED COPY
    • ✅ GST CERTIFICATE
    • ✅ GST RETURN LAST 1 YEAR
    • ✅ 3 YEAR COMPANY ITR COI, P/L A/C, BALANCE SHEET + AUDIT REPORT (3CB, 3CD), ALL ANNEXURES & SCHEDULES – CA CERTIFIED
    • ✅ PROVISIONAL FINANCIAL AY 2019-20
    • ✅ 3 YEAR ALL PARTNER INDIVIDUALS ITR + COMPUTATION
    • ✅ FIRM ALL ACCOUNT BANK STATEMENT – 1 YEAR UPDATED
    • ✅ ALL PARTNER SAVING A/C STATEMENT – 6 MONTH
    • ✅ IF RUNNING ANY LOAN – LATEST SANCTION LETTER + TRACK RECORDS OR REPAYMENT SCHEDULED
    • ✅ AGREEMENT TO SELL COPY
    • ✅ PROPERTY PAPERS COMPLETE CHAIN WITH MAP
    • ✅ ALL DIRECTORS PHOTOGRAPH
    • ✅ CLEAR PAN CARD – COMPANY AND ALL DIRECTORS
    • ✅ ADDRESS PROOF – COMPANY AND DIRECTORS
    • ✅ LIST OF DIRECTOR & SHAREHOLDER WITH CA CERTIFIED AS ON DATE
    • ✅ MEMORANDUM / ORDER IN HAND AND COMPLETE COPY (IF APPLICABLE)
    • ✅ GST, SALE, VAT AND SSI REGISTRATION CERTIFICATE
    • ✅ 1 YEAR GST RETURNS
    • ✅ ALL DIRECTORS INDIVIDUAL ITR & COMPUTATION LAST 3 YEARS
    • ✅ LAST 3 YEARS COMPLETE FINANCIAL WITH TAX AUDIT REPORT AND ANNEXURE
    • ✅ PROVISIONAL FINANCIAL FY 2019-20 OR MONTH WISE SALE FIGURE LAST 1 YEAR
    • ✅ COMPANY ALL BANK ACCOUNT STATEMENT – 1 YEAR UPDATED
    • ✅ ALL DIRECTORS SAVING A/C STATEMENT – 6 MONTH
    • ✅ IF RUNNING ANY LOAN – LATEST SANCTION LETTER AND REPAYMENT SCHEDULED
    • ✅ AGREEMENT TO SELL COPY
    • ✅ PROPERTY PAPERS COMPLETE CHAIN WITH SANCTION MAP

    Frequently Asked Questions

    It is a business loan offered to purchase or lease new and used construction machinery and equipment.

    Contractors, builders, and infrastructure companies involved in construction and civil projects can apply.

    The equipment purchased often serves as security for the loan, minimizing the need for additional collateral.

    LoanSeva offers repayment tenures from 12 months to 7 years, depending on the loan amount.

    Interest rates are competitive and depend on your business profile and credit history.