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Finance Made Easy - Start Your Tractor Loan Today

Loan Enquiry
Finance Made Easy - Start Your Tractor Loan Today

Benefits & Features

Seamless documentation
Seamless documentation
Experience clear, fast, and effortless paperwork from start to finish. Complete your loan documentation with minimal hassle.
More Coverage
More Coverage
Own a feature-loaded tractor without financial strain. Finance up to 90% of its value with hassle-free tractor loans.
Fast Loan Processing
Fast Loan Processing
Get instant access to funds with a quick loan process. Just submit the required documents and enjoy fast, seamless approval.
No income document scheme
No Income Document
Say goodbye to lengthy paperwork. Apply for a tractor loan without traditional income documentation and speed up your approval.

Easy steps for New Tractor loan

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1
Select Your Vehicle
Assess your needs and choose a particular tractor model for which funding is required.
Select Your Vehicle
Select Your Vehicle
2
Get Loan Approval
Submit your loan application along with the required documents to expedite the tractor loan approval.
Get Approval
Get Loan Approval
3
Loan Disbursal
Upon verification and approval, your loan amount will be disbursed promptly.
Get your Loan Sanctioned
Loan Disbursal

Fill up the form below for a quick loan Enquiry!

Tractor Loan EMI Calculator

Calculate your tractor loan EMI and make a smart investment.
Repayment Interval
Your per month
EMI will be ₹ 9,000
Principal Amt ₹ 30,000
Interest @15% p.a. + ₹ 2,000
Total amount ₹ 32,000
₹ 10,000 ₹ 50,00,000
12 Months 60 Months
10% 22%

What are the Charges Associated with Tractor Loans?

Type Charges (inclusive of GST)
Processing Fees Upto 10%
Penal Charges 36% Per Annum on unpaid installment
Foreclosure Charges 4% of the future principal Outstanding
Other Charges
Bounce Charges Rs.750
Duplicate NDC/NOC Charges Rs.500

For a complete list of charges, please Click Here

What are the Eligibility Criteria for Taking a Tractor Loan?

Below are the general eligibility norms for a tractor loan:

Eligibility criteria
Nationality
Nationality
Indian Citizen
Age
Age
  • 18 - 65 years* (Agri Background)
  • 21 - 65 years* (Commercial Background)
Status of Employment
Status of Employment
Active
Employment Stabilty
Employment Stability
Minimum 1 Year
Document required
KYC Documents
KYC Documents
  • Copy of Voter's ID / Driving Licence / Aadhaar Card / PAN Card / Passport
Address Proof
Address Proof
  • Copy of Ration Card / Passport / Electricity Bill
Income Proof
Income Proof
  • To support repayment of Loan
Asset Documents
Asset Documents
  • Land Ownership or any other assets

Other Loan Services

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Used Tractor Loan
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Implement Loan
Implement Loan
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About Tractorkarvan Loans

Upgrading your farm machinery is integral to improving productivity for long-term business growth. A tractor helps streamline farming applications ranging from ploughing and sowing to harvesting. With a tractor loan, you get a specialized financial instrument that allows modern farmers like you to invest in tractors without paying the full upfront price. You can ease your financial burden by financing up to 90% of the tractor’s price. Enjoy the flexibility of repayment schedules, as farming is typically a seasonal business. What’s more, you also have a choice to select from different repayment methods, like online, post-dated cheques or ECS. The entire tractor loan process is streamlined with minimal documentation. With TVS Credit, you can even avail yourself of a no-income document option. Apply for a tractor loan today and boost your farm productivity!

Frequently Asked Questions on Tractor Loan

Yes, you can complete details regarding buying a variety of harvesters, including combine harvesters, mini harvesters and paddy harvesters on Tractorkarvan.

Yes, you can complete details regarding buying a variety of harvesters, including combine harvesters, mini harvesters and paddy harvesters on Tractorkarvan.

Yes, you can complete details regarding buying a variety of harvesters, including combine harvesters, mini harvesters and paddy harvesters on Tractorkarvan.
Disclaimer
The Website is only providing services by providing indepth & well-researched information on various vehicles and implements to the Users. If you express your interest in any of the vehicles or implements whose information is provided on the Website, Your details shall be shared as a sales lead for TVS Credit. The Website neither facilitate, in any manner, the purchase and sale of any vehicle or implement whose information is displayed and does not as a 'live/online marketplace' in terms of Information Technology Act, 2000 (as amended from time to time) nor provide loans.
All images displayed on this Website are for illustration and representation purposes only. Actual vehicle, specifications, colors, and features may vary from those shown in the images. Tractorkarvan does not guarantee that the images accurately reflect the final product.
*The price disclosed against the each used vehicle /product displayed herein is the Base Price. The final price of the each of the product shall be determined in accordance with the Residual Management Policy of TVS Credit Services Limited.