A scheme that gives you complete freedom of movement.

Get heavy-duty equipment as well as vehicles.

  • Key Features
  • Eligibility
  • Charges
  •  The scheme aims at providing finance for the purchase of heavy-duty equipment for business concerns, undertaking the business of construction and/or equipment leasing to construction companies etc.

  • For purchase of heavy-duty equipment such as cranes, forklifts, wheel loaders, excavators, motor graders, crushers, bulldozers, road rollers, ready mix carriers, mixers, etc.

  • Loan amount: Depending on the cost of equipment to be purchased subject to a maximum of AED 5 million.

  • Period: Up to 7 years

  • All business/service concerns having sales turnover upto AED 100 million and undertaking the business of construction and/or equipment leasing to construction companies etc.

  • Security: Charge on equipment/heavy vehicles to be purchased, personal guarantees, etc.

  •   Rate of interest*: Competitive rate of interest prevailing at the time of sanction

  • *Terms: Rates and charges are subject to change from time to time

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