Experience paperless, hassle-free process along with quick approval & instant disbursal
Reasonable and affordable interest rate with 80 – 90% funding
Enjoy convenience in repaying tailored to your preferences and needs
| Must be a farmer or individual with agri usage |
| Must have proof of income and proof of land holding |
| A good CIBIL score determining the creditworthiness in eye of lenders |
Duly filled application form with borrowers, co borrowers and guarantors photographs
ID proof, address proof and signature verification of the borrower as well as guarantor
Land documents as applicable and records of past loans availed if any
Tractorkarvan
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A used tractor is a cost-effective solution to enhance farm productivity. Used tractor loans are available for farmers or individuals engaged in farming or commercial activities, making ownership affordable and convenient.
The eligibility norms for taking a used tractor loan are very simple. Following are the general eligibility norms -
Used tractor loan application generally require minimal documentation which are:
The bank / lender provides you with a detailed list of documents that are needed to complete your application
Rate of interest for old tractor loan varies from bank to bank and is also based on your CIBIL.
The maximum amount generally 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 / lender to lender.
Generally, loan providers offer a flexible repayment cycle for used tractor loan.
