SBI Construction Equipment Loan

Purpose : To finance purchase of new Construction Equipment as under.

Earthmoving Equipment : · Backhoe Loader, Hydraulic Excavator, Wheel Loader, Motor Grader, Plain Doze, Skid Steer Loader, Dumper etc.
Concrete Equipment : Transit Mixer, SCLM, Concrete Pumps, Batching Plants etc).
Road Equipment : Vibratory Compactors, Ashphalt Pavers, Concrete Paver, Kerb Casting, Cold Mixer, Hot Mix Plants, WMM Plants etc.).
Material Handling Equipment : Reach Stacker, Tower Cranes, Crawler Cranes, Pick N Carry, All terrain Cranes.
Warehouse Equipment : Forklift etc.
Material Processing Equipment : Crushers & Screens etc..
Others : Any other Construction/Mining Equipment or other not covered above. (Above list is indicative)

Target Group :Bank’s existing credit relationship with units in EPC / MDO (Coal Mines) activities and having cash flow visibility.
Facility:Term Loan / Deferred Payment Guarantee (DPG)
Loan amount : Min Rs.10 lakh; Max Rs.100 Cr
Margin : 20%
Repayment : Maximum 72 months
Upfront Fees : As per Bank Guidelines which will be appraised to the borrower before sanction of loans.
Other Charges: As per Bank Guidelines which will be appraised to the borrower before sanction of loans.
Pricing : Attractive Interest rates based on rating of the Borrower/ External Rating or as per Scheme Specific Rating (if applicable) or as per extant guidelines of the Bank. EBR (Linked to Repo Rate and Currently EBR is Repo Rate + 2.65%) linked (for MSMEs) & 6 months MCLR linked (for Non-MSMEs)
Special Feature Bank’s existing credit relationship with units in EPC / MDO (Coal Mines) activities and having cash flow visibility are eligible under this product.

Last Updated On : Wednesday, 08-01-2025

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