New Tractor Loans

New Tractor Loans

New Tractor Loans

Need a new tractor to enhance your farming efficiency? Our new tractor loans offer competitive interest rates and flexible repayment options, allowing you to invest in modern equipment with ease.

New Tractor Loan Offers
Flexible EMI Options

Flexible EMI Options

Enjoy customized EMI plans tailored to your income, making repayments more manageable and convenient.

Loan Approval in 24 Hours

Loan Approval in 24 Hours

Experience fast-track loan approvals with our streamlined process, getting you the funds you need without unnecessary delays.

Paperless Approval

Paperless Approval

Simplify your application with our easy approval process, making it quick and hassle-free.

Eligibility Criteria

Customer Profile

Customer Profile

Agri Segment: 18 years-60 years Age with minimum 1 Acre land holding

Commercial Segment: 18 years-55 years Age with income proof to support repayment of loan through commercial deployment

Age of Vehicle

Age of Vehicle

1. Financing on up to 30 days Advance Delivery

2. Maximum permissible HMR: 100 Hours

KYC Compliance

KYC Compliance

KYC Information of the Applicant, Co-Applicant and Guarantors, as applicable

How to Apply?

You can start your application and resume it at a later instance.

Follow these steps to apply:

How to Apply?

Quick, Easy, and Hassle-Free Journey for Your Customers.

Follow these steps to apply:

EMI Calculator

Calculate your Loan EMI in 3 easy steps.

Interest Amount

₹ 3,01,577

Monthly EMI

5451.46

Principal Amount:

621,000

Total Amount:

653,417.53

IRR Calculator

Simplify your financial analysis with our easy-to-use IRR calculator

New Tractor Loans FAQs

  • 1. What is IFFCO Kisan Finance New Tractor loan?

    IFFCO Kisan Finance New Tractor Loan is a loan facility to Purchase a New Tractor.

  • 2. How can I apply for a New Tractor loan?

    Applying for a New Tractor Loan with IFFCO Kisan Finance is easy and convenient. Simply click on the Apply Now button and complete the application process.

  • 3. What is the age criteria for availing a New Tractor loan from IFFCO Kisan Finance?

    Applicants shall be minimum 18 years (21 years for commercial cases) at the time of availing the loan and shall not be more than 60 years (55 Years for commercial cases) at the end of the loan tenure.

  • 4. Can I get a New Tractor loan from IFFCO Kisan Finance if the asset is already delivered?

    You can get a New Tractor loan from IFFCO Kisan Finance for a tractor manufactured in the current financial year.

  • 5. How much loan amount can I get for a New Tractor?

    IFFCO Kisan Finance offers a loan of up to Rs. 15 Lacs on New Tractors. Your exact loan amount however, depends on the tractor make, model and individual assessment of an application. IFFCO Kisan Finance assesses each application individually to offer a loan amount that aligns with the borrower's financial profile.

  • 6. What is the repayment tenure for a new tractor loan?

    IFFCO Kisan Finance offers you a flexible repayment tenure for the new tractor financing. We offer new tractor loans for a maximum tenure of 60 months.

  • 7. What are the repayment options for a new tractor loan?

    IFFCO Kisan Finance offers a flexible loan repayment frequency for the farmers ranging from Monthly, Quarterly, Half-Yearly and Structured repayment options. These options are designed to match the customer’s cash flow as per commercial incomes and cropping patterns in agriculture cases, making it easier to manage repayments. To know the specific repayment frequency options best suited for your requirements, simply click on the Apply Now button and find the right financing solution for you.

  • 8. What documents are required for a new tractor loan?

    To apply for a new tractor loan online from IFFCO Kisan Finance you need to furnish KYC details (of the Applicant, Co-applicant and Guarantors), Land Ownership details, Banking Details and other relevant documents as per company policy. IFFCO Kisan Finance may ask for additional documents depending upon the customer profile and it may differ from individual to individual.

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