Get the Tractor Loan
The regular loan is offered to especially all the farmers out there so that they can buy a brand new or pre-owned tractor excluding the agricultural land’s mortgage. Laxmi India ensures the fact that simplified documentation is done and the loan is approved at industry-based rates.
Sow expectations and harvest opulence with our exceptional tractor loans for commercial purpose and offering monthly EMI.
- For new and used tractors
- Collateral Security : Vehicle
- Modernise farming equipment
- Flexible repayment options
Get financing for whatever you need now
Purpose of Loan
Agriculture being one of the key sectors of Indian economy, it is necessary to provide loan to make the purchase of tractor affordable
- Personal Use
- Commercial Use
Tractor Loan Features
Laxmi India Finleasecap Private Limited understands the needs of our customers and therefore our tractor loan comes with following features:
- Ticket size: Rs.5 Lakhs, Up to 10 lakhs(Gujarat )
- Tenure: up to 42 months
Eligibility Criteria for Tractor Loan
Anyone who wants to apply for the loan must fulfill the eligibility criteria. The conditions for the eligibility are as follows:- Age: 18-60 yrs
- Income of Rs. 1 lakh per annum.
- 3 acres of agricultural land
Documents Required for Tractor Loan
You will be needed to produce some important documents so as to become eligible for vehicle loan. These are the documents that you need to provide:- Photo Identity Proof
- Address Proof
- Income Proof
- Passport size Photograph
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