Loan Against Tractor in 4 Steps

Get a loan against tractor quickly by following steps.

1
Check Eligibility

Check Eligibility

Check the eligibility for the loan first.

2
Compare Offers

Compare Offers

Choose the best offer for you.

3
Instant Approval

Instant Approval

Get instant approval from the bank.

4
Get Money in Your Account

Get Money in Your Account

You can get instant money without mortgage your tractor.

Loan Against Tractor Interest Rate Comparison

Compare the loan against tractor interest rate below.

Bank Name Interest Rate Loan Amount Loan Tenure
ICICI Bank 13% p.a. to 22% p.a. As per terms and conditions Up to 5 years
State Bank of India 9.00% p.a. - 12.25% p.a. Up to 100% finance Up to 5 years
HDFC Bank 12.57% p.a. to 23.26% p.a.* Up to 90% finance 12 months to 84 months
Poonawalla Fincorp 16% p.a. to 20% p.a. Up to 90% - 95% finance According to bank

Loan Against Tractor Eligibility

Check down below eligibility for loan against tractor.

  • An owner of a tractor is eligible.
  • Must Have Proof of Ownership
  • Need to have paid at least 12 EMIs of Current Loan

Loan Against Tractor Documents

Documents required for a loan against tractor

  • Proof of Ownership (Original RC)
  • bank account statement
  • KYC documents
  • Copy of PAN card

FAQs on Loan Against Tractor

Check out the frequently asked questions below.

Ans. 9.00% to 23.26% is the interest rate of a Loan Against Tractor.

Ans. At Tractor Junction, you can get complete details about a loan against tractor.

Ans. You can immediately get after applying for a loan against tractor.

Ans. The owner of a tractor is eligible for a loan against tractor.

Ans. No, you will not have to mortgage your tractor for loan against tractor.

Apply For Other Loan

Check out these loan types for your other needs.

New Tractor Loan

New Tractor Loan

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Used Tractor Loan

Used Tractor Loan

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Personal Loan

Personal Loan

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