Apply for New Tractor Loan

Tractor Junction makes the new tractor loan process easy and convenient for farmers. Here, you can get the best offers online on new tractor loan from the leading banks. You can also check and compare the EMI, Interest rates of our leading banks. Our exceptional professionals make the process of a new tractor loan more simple for you. So choose the best and make your dream come true with Tractor Junction.

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New Tractor Loan

New Tractor Loan in 4 Steps

Get New tractor loan quickly by these 4 steps.

1
Fill the Form

Fill the Form

These details make the process quick.

2
Compare Offers

Compare Offers

Choose the best loan offer for you.

3
Instant Approval

Instant Approval

Get immediate approval from the bank.

4
Money in your Account

Money in your Account

You can get instant money in an account.

Tractor Loan Interest Rate Comparison

Compare the new tractor loan 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. - 10.25% 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

New Tractor Loan Eligibility

Check down below eligibility for a new tractor loan.

  • 18 years - Minimum Age
  • 65 years - Maximum Age
  • Income Proof and minimum land holding of 2 acres

Tractor Loan Documents

Documents required for new tractor loan.

  • Land Ownership Proof
  • Address Proof : Aadhaar Card or Any one of Voter ID / Passport / Driving License
  • 3 months bank statement
  • CV 12 months track record
  • Identity Proof : Aadhaar Card or Any one of Voter ID / PAN Card / Driving License / Passport

FAQs on New Tractor Loan

Check out the frequently asked questions below.

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

Ans. Our customer care executive team will help you to solve all your queries.

Ans. Up to 90% of the price of the tractor is the maximum amount of a new tractor loan.

Ans. Yes, you can easily get a new tractor loan online with Tractor Junction.

Ans. Tractor Junction is a farmer friendly platform, where you can get the latest schemes and offers. We have collaborated with India’s leading banks like Axis, SBI, HDFC, etc.

Apply For Other Loan

Check out these loan types for your other needs.

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