Level Up Your Farming Secure Your Used Tractor Loan Today! Level Up Your Farming Secure Your Used Tractor Loan Today!

Apply Now For Used Tractor Loan

Personal details

Used Tractor Details


Used Tractor Loans Features And Benefits

Quick Simplified Process

Experience paperless, hassle-free process along with quick approval & instant disbursal

Attractive Interest Rate

Reasonable and affordable interest rate with 80 – 90% funding

Flexible Repayment Options

Enjoy convenience in repaying tailored to your preferences and needs

Used Tractor Loan Eligibility Criteria

Age

Minimum age of 18 years

Tractor Documents

Valid RC Book and NOC from previous financer, if applicable

Credit Score

A good CIBIL score determining the creditworthiness in eye of lenders

Essential Documents For Used Tractor Loan

KYC Documents (Any one)

Passport
Voter ID Card
Aadhaar Card
Driving License
PAN Card

Valid Address Proof (Any one)

Passport
Electricity Bill
Ration Card

Income Proof (Any one)

To support repayment of Loan

Valid Assets Proof

Agricultural Land Ownership Document or others

Other Documents

Bank Statement or Passbook

Avail Loan In 3 Simple Steps

Select Your Vehicle

Decide the tractor for which you want to avail of the Loan.

Get Approval

Submit the required documents and get an instant approval.

Loan Sanction

After approval, get your Loan disbursed without any delay.


Customers Speak

The overall loan process is easy, quick, and hassle-free. My Used Tractor loan got approved and disbursed instantly.
N
Nikhil
The loan approval & processing was done on the Tractorkarvan platform digitally. They offered flexible repayment option and this is very unique feature. I highly recommend everyone to take used tractor loan only through Tractorkarvan.
K
Karan
Tractorkarvan platform made the process very transparent. There were no hidden charges and that’s why I can trust Tractorkarvan completely.
R
Raju
Used Tractor loans offered on Tractorkarvan platform is the best in the industry. They assist you completely & ensure the processing is done very quick & very transparently.
R
Rajesh

Customer Video Review

Farmer Shares his Implement loan buying Experience -Tractorkarvan & TVSCredit enabling them prosper

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Used Tractor Loan Blogs

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About Used Tractor Loan

Used tractor is a cost-effective investment to raise your farm productivity. To enable you to purchase a second-hand tractor with ease, Tractorkarvan offers Used Tractor Loan at best interest rates with minimum documentation.

What are the Features & Benefits of Used Tractor Loan?

  • Competitive yet affordable interest rates.
  • Customised repayment options.
  • Financing up to 90% of the used tractor's value depending upon your credit score and tractor's condition. The final loan value will vary bank to bank and lender to lender.
  • Tractor Valuation tool to help you price your used tractor at the right market value.
  • Simplified and transparent loan process along with instant disbursal.
  • Complete digital process from filing loan application to disbursal.

What is the Eligibility Required for Used Tractor Loan?

  • Must be a farmer or individuals.
  • Minimum age of 18 years.
  • An average CIBIL score in the range of 500 – 900.
  • Used tractor, which you wish to buy, shall be free from any loan.

What are the Documents Needed for Used Tractor Loan?

  • Aadhar, PAN Card, Passport, Voter ID, or Driving License for KYC norms.
  • An electricity bill, passport, or ration card as proof of address.
  • Any income proof supporting loan repayment capability.
  • Agriculture land ownership record.
  • Registration Certificate (RC) of the used tractor.
  • No Objection Certificate (NOC) from financer if used tractor is previously financed.

How to Apply for a Used Tractor Loan on Tractorkarvan?

The old tractor loan process on the platform is simple, user-friendly, and completely digital. You just need to fill your basic details and used tractor details like brand name, model name and registration year before clicking “Apply Now”. Upon submission of form, you will receive a call within 24 hours for further processing.

We simplify the financing process and provide farmers with the necessary support.

Frequently Asked Questions On Used Tractor Loan

1. What is the rate of interest for old tractor loan?

Rate of interest for old tractor loan varies from bank to bank. To know the exact interest rate, you need to fill the form first.

The maximum amount offered for an old tractor loan is up to 90% of the used tractor’s value, however, the final value varies from bank to bank or lender to lender.

The old tractor loan comes with maximum possible tenure, but to know the exact loan tenure, fill the form today.

An individual or farmer willing to buy a used tractor can apply for an old tractor loan. Besides, they need to meet the eligibility criteria also.

Tractorkarvan provides a hassle-free old tractor loan.

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