IDBI Equipment Finance


IDBI Equipment Finance is designed for the purpose of financing the purchase of new machinery, tools or equipment for business including Construction Equipment.

The details of the product are mentioned below:
Eligible Segments

Individuals, Proprietorship firm, Partnerships firm, LLP and Company (Private/ Public) Limited

Purpose of Loan

Purchase of new equipment, tools and machinery and construction equipment for business purpose

Loan Amount
  • Minimum: ₹ 10 lakhs
  • Maximum: ₹ 5 Crores

Term Loan: Max 7 years


20% of the cost of assets*


Nil Collateral Security