Tractor Loan

Getting a Tractor Loan has never been easier! At TractorKarvan, we strive to simplify your farm tractor financing needs with best rate of interest, quick approvals, and minimum documentation. In combination with your purchase of implements, our loan for a new tractor entitles you to loan-to-value financing of up to 90%.
Read More

Find The Best Loan For You

Features And Benefits

loan approved Up to 90% funding on the selected brands
interest rates Attractive rate of interest
flexible emi tenure Flexible repayment options marked to crop cycle

Reasons To Choose Our Loan

loan-payment img
Flexible loan repayments
tractor-loan img
Loan for wide range of tractors
documentation img
Minimum documentation
disbrusal img
Quick disbursal
hassle-free-verification img
Hassle free online verification
existing-customer img
Pre-approval for existing customers

Loan Eligibility

Farmers with Agri land in their own name (MAX LTV 80%)
Non Farmers with Agri and commercial usage (MAX LTV 80%)
Farmers / Non Farmers with high equity - express loans (MAX LTV 60%)

Documents Required For Tractor Loan

red arrow icon Duly filled application form with borrower's, co borrower's and guarantor's photographs
tick-icon img ID proof, address proof and signature verification of the borrower as well as guarantor
tick-icon img Land documents as applicable and records of past loans availed if any

Loan Blogs & Videos

About Tractorkarvan Loan

A tractor loan facility at Tractorkarvan provides the necessary funds to acquire a new tractor on loan and also an old tractor loan. The tractor loan offered comes with flexible repayment options marked to crop cycles.

Tractorkarvan Loan is a special facility designed to make your process of applying for a loan online quick and simple. The aim of this facility is to enable and empower you to fulfil all your farming needs without facing the financial burden upfront.

Features of Tractor Loan


At Tractorkarvan, you can get a new tractor loan with a repayment cycle of up to 7 years. Thus, you get enough time to repay your loan amount in easy EMIs.

Interest Rate

We offer the best interest rate for a tractor loan in the market. Our customers will get the desired interest rate for new tractors and used tractors.

Loan Amount

At Tractorkarvan, you may get up to 90% of the tractor cost as the loan amount. Thus, you can get a new tractor with minimum down payment.

Loan Processing

Tractorkarvan offers you hassle-free documentation with a quick disbursal process. You need to submit the right documents to get instant approval for your tractor loan.


Tractorkarvan also provides health insurance to the buyer along with the tractor loan. The insurance covers the outstanding loan amount against accidental death or permanent disability of the buyer.

Why Choose Tractorkarvan Loan?

What sets the Tractorkarvan Loan facility apart from others is, we not only offer the best tractor loan for a wide range of tractors but also loan for buying a wide range of implements. We also offer old tractor loans and even refinance tractor loans on the portal. However, we do not offer loans for buying old machinery or implements as of now.

The tractor loan is the best for farmers and the facility available on Tractorkarvan is laden with a host of features and benefits. These include up to 90% loan-to-value financing, minimum documentation, hassle-free online verification, and competitive tractor loan interest rates along with flexible repayment options marked to crop cycles. It is tailored to meet your diverse requirements.

You can use a tractor loan EMI calculator and tractor loan interest rate to know the exact monthly EMI you would be paying.

Besides, you can also apply for an online personal loan with attractive personal loan interest rates and fulfil all your money needs. The online personal loan facility on Tractorkarvan is essentially a Track Based Personal Loan (TBPL). Under this those persons are not eligible for personal loan who have a CIBIL score of less than 700 over the past 12 months.

By availing Tractorkarvan Loan, farmers can enhance their productivity, improve efficiency, and optimise their agricultural operations by utilising modern and efficient tractor equipment. In all, we offer a comprehensive loan facility for differing needs of farmers at the best rate of interest.

Tractor Loan for All Your Farming Needs

Tractorkarvan is the best platform for taking a tractor loan, which is a secured loan wherein the tractor is kept as a collateral. Taking a tractor loan from Tractorkarvan brings immense benefits to farmers that includes flexible repayment options, and attractive interest rates, among others.

Furthermore, you can get the maximum loan amount of up to 90% of tractor cost but only on selected brands.

Eligibility for Taking a Tractor Loan

The eligibility norms for taking a tractor loan on the platform is not stringent and also there is no age limit for taking a tractor loan. You need to fulfil any of the two conditions and depending upon your eligibility the loan-to-value (LTV) varies. The conditions for eligibility are:

  • An average CIBIL score ranging between 500 – 900.
  • Farmers with Agri land in their own name (Max LTV 80%).
  • Non-Farmers with Agri and commercial usage (Max LTV 80%).
  • Farmers / Non-Farmers with high equity - express loans (Max LTV 60%).

Tractor Loan Documentation

Here at Tractorkarvan, we have simplified the tractor loan application process where you don’t need to submit any traditional income document. However, some minimal documentation is required which are:

  • Duly filled application form with borrower's, co borrower's and guarantor's photographs
  • Land documents as applicable and records of past loans availed if any
  • ID proof, address proof and signature verification of the borrower as well as guarantor

How to Apply for a Tractor Loan?

You can take a tractor on loan by filling a loan application available on the platform. The application process is streamlined and user-friendly, enabling individuals to apply online with ease. The loan application is carefully evaluated by banks, and once approved, the loan amount is disbursed instantly. You can follow a similar loan application procedure for taking a loan on an old tractor.

We not only simplify the financing process but also provide farmers with the necessary support to fuel their agricultural growth. With this loan facility, farmers can unlock the potential of their land and expand their farming capabilities.

Tractorkarvan Loan is a comprehensive financial facility that empowers farmers to embrace modern farming practices and maximise their yields, ultimately leading to their success and prosperity.

Frequently Asked Questions On Loan

1. How do I apply for tractor loan?

You can visit Tractorkarvan platform and fill your minimum basic details on the loan page.

Eligibility for a tractor loan includes a minimum CIBIL score and an agriculture land on the name of person seeking a loan.

You can get the hassle-free used tractor and implements loan on Tractorkarvan.

The documents required for a tractor loan includes (i) duly filled application form with borrower's, co borrower's and guarantor's photographs, (ii) ID proof, address proof and signature verification of the borrower as well as guarantor, and (iii) land documents as applicable and records of past loans availed if any.

The overall process of approving a tractor loan takes not more than 48 hours subject to fulfilment of document and verification requirements.

You can foreclose your loan as per the foreclosure terms mentioned in your loan agreement.

Yes, Tractorkarvan facilitates online personal loan.

The minimum credit score required to take a tractor loan is seen in combination with the landholding a farmer has.

You can get tractor loan, used tractor loan, implement loan and personal loan on Tractorkarvan.

The minimum and maximum amount of used tractor loan depends upon the condition of your used tractor.

The interest rate on implement loan varies from person to person depending on the credit score, amount of loan needed, and minimum landholding a farmer has.

The minimum age required for personal loan is 18 years.

The documents required for personal loan includes PAN card, Aadhar card and address proof.

Disclaimer: The tractor loan content available on Tractorkarvan is intended solely for informational purposes. By accessing and using the site, you acknowledge that you do so at your own risk. Tractorkarvan does not guarantee the avoidance of data loss, mis-delivery, or failure in storing communications, personalized settings, or other data. The final consideration of loan product and provider is solely at the users judgement and caution and Tractorkarvan is not responsible for it. Tractorkarvan does not provide any warranties or guarantees regarding the content's accuracy, completeness, timeliness, or reliability and shall not be held liable for any inaccuracies, errors, or omissions in the content, nor for any harm or damage that may arise as a result.


Call Us At

whatsapp icon