Naini Kisan Credit Card Scheme Naini Bank Special Kisan Gold Card Scheme Naini Kisan Credit Card Scheme Working Tractor Loan

Tractor Loan

Purpose

For purchase of tractor for agricultural use only.

Eligibility:

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 :

Rs.15.00Lakh

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.