Loan Approval in 24 Hours
Fill up application form and get loan approved quickly
A tractor complements a farmer’s hard work immensely. Farmers find it easy to pull off the toughest tasks of farming through tractors and this vehicle also helps them in personal transportation. Our Used Tractor Financing Scheme enables farmers to avail loans to purchase used/second-hand tractors at competitive interest rates to ease their way towards prosperity.
Individuals or firms who are existing tractor owners can avail loans against their tractor as a collateral. Tractors as old as 13 years can be used for assurance. The borrower can avail up to 85% value of tractors. Repayment of the loan can be done within a period of 3-5 years in structured EMIs based on cropping pattern and/or other sources of income.
Flexible EMI
Get flexible EMI option as per your income.
Paperless Approval
Get paperless loan approval without any hustle.
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
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