Tractor Loan


For purchase of tractor for agricultural use only.


Minimum land holding of 4 Acres (single or jointly owned) of land.

Age :

Minimum Age: 18 Years

Maximum Age: 70 Years

Maximum Amount of Finance :


Margin :

25% on Cost of Vehicle (Excluding Registration Fee/Insurance Charges etc.)

Features :

Repayment period of 7 years.

Applicable Rate of Interest will be MCLR1Y + 3.20% p.a.

Collateral Free Loan upto Rs.1.60Lakh.