Indian Farmers are adapting to farm mechanization at a faster rate in comparison to recent past. For better progress of farmers, mechanization will play a pivotal role and thus credit availability for other mechanization equipment like a Combine Harvester is a must. While fulfilling the tractor finance needs of our Rural and Agri customers, IFFCO Kisan Finance realized that although the formal credit for buying a tractor is available for most farmers, NBFCs are still not extending their services beyond the traditional tractor loans. IFFCO Kisan Finance offers Combine Harvester loans to various customer segments based on profile and uses.
Eligibility Criteria
Eligibility Criteria
- Income proof to support repayment of loan
- Borrower to be minimum 18 years old and not more than 75 years old at the end of the loan tenure in agri segment
- Commercial profile segment- use of tractor in commercial activity
- Borrower to be minimum 21 years old and not more than 55 years old at the end of the loan tenure in commercial profile
- Agri Segment -At least cultivated land holding of 2 acres
How to Apply Title
You can start your application and resume it at a later instance. Follow these steps to apply:
- 1Click on ‘Apply Online’ to open application form
- 2Verify the OTP sent to your registered mobile number and Fill in basic details
- 3Enter your other details along with your loan requirements & Submit
Life Insurance
Life Insurance
Our company partners provide Life Insurance plans that cover the insured member and assist their families in case of any unfortunate event of death. Through our partners we provide a onetime premium based life insurance policy which is valid for the entire duration of the loan. The plan works in a simple manner where the member just has to choose the coverage term, pay the premium and stay protected.
- Attractive pricing
- Speedy processing: issuance as well claim