Tata Capital’s exclusive digital platform for Construction Equipment Tatkal Loans

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Instant Online sanction letters for loans upto INR 30 lacs

·         Seamless process and hassle free loans

·         Easy and simple paperless application procedure

Mumbai, 12th March 2020: Tata Capital, the financial services arm of the Tata Group has launched an exclusive digital platform for Construction Equipment Tatkal Loans. This new loan disbursal portal allows relationship managers and dealers to login then complete an application for customers and provide an instant sanction letter up to Rs 30 lacs.

Tata Capital’s CEQ Loans caters to leading backhoe loader manufacturers which include JCB, Tata Hitachi, CAT and L&T Komatsu.  This offering will also be customized to OEMs operating in construction equipment comprising excavators, cranes amongst others.

Speaking on the launch of the latest digital platform for Construction Equipment Tatkal Loans, Abonty Banerjee, Chief Marketing and Digital Officer, Tata Capital said, “At Tata Capital, we have a deep understanding of the construction equipment business and the ever changing environment. Our latest digital platform for CEQ Tatkal Loan is one such offering that meets the diverse credit needs of the marketplace. Our newest version is transparent, offers a seamless and paperless experience with instant sanctions up to Rs 30 lacs across construction equipment categories. We are confident that that our digitized version will bring in immense value to our customers.”

Over the last decade, construction equipment business in India has evolved and has emerged as a global market place. As India continues to build world class infrastructure, construction and allied development activities have gained momentum, finance plays a crucial role in driving growth in this segment.

Tata Capital’s CEQ Tatkal Loans is yet another digital offering to help businesses access finance that is simple and easy.  In addition to this, Tata Capital has digital loan platforms across categories which include working capital for SMEs, channel finance and sales invoice discounting amongst others.

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