Unlock Best Tractor Loan Offers
Tractor Loan Highlights
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Interest rate
11% onwards
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Loan amount
Up to ₹ 20 Lakhs*
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Tenure
12 months to 60* months
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Processing fees
2%* of the Loan Amount
Tractor Loan Eligibility
Customer segment
Farmer, self-employed, salaried individual
Age criteria
18 years to 60* years
Minimum income criteria
₹ 1 lakh* per annum (farmer), ₹ 1.5 lakhs* per annum (self-employed), ₹ 15,000* per month (salaried individual)
Tractor Loan Features & Benefits
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Loans for the purchase of new / used tractors
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Hassle-free documentation
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Speedy disbursal
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Attractive rates of interest and processing fee
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Loan up to 90% of the tractor cost
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Flexible repayment options
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Insurance cover
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Loans available after considering your Registration Certificate /Repayment Track Record / Income Proof
EMI Calculator
Calculate your EMI and choose the most suitable product for you. The rates and charges are presented to you with utmost clarity to ensure a smooth process.
Documentation Required
Income Proof
PAN card
Bank Account
Bank account statement for the last 6* months
ITR
Latest ITR of last 2 years
License
Driving license certificate
Salary Slips
Latest salary slips with the last 3* months’ salary credit in the bank account (wherever applicable)
Proof
Proof of agricultural income (wherever applicable)
Land
Land ownership proof (wherever applicable)
Why choose SahiBnk?
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Free Credit Score Check
Monitor your financial health and apply for the right financial product
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Diverse Loan Options
Choose from a wide range of loan types tailor-made, especially for you
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Pan India Service
50+ SahiBnk stores and network spread across 11000+ pin codes
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Win Rewards Points
Transact through the SahiBnk app and win reward points