About Tractor Loan

If you are a farmer and want to buy a Tractor, you are at right place. Tractor loans are available with easy documentation and unmatched rate of interest from various financial companies. There are schemes; wherein Loans are available for small farmers and women’s even further reduced rate of interest in comparison to other farmers.

Get financing for whatever you need now

Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

New Car Loan

We offer a range of Car Loans, suitable to you in every way. Exclusive features of car loans includes 100% financing on select vehicles, flexible repayment tenure and consumer friendly EMIs. Select Banks also offers Step-Up EMI and Balloon EMI schemes enable you to buy your dream car at more affordable EMIs – get a bigger car at the EMI of a smaller car.
Additional support comes in form of easy documentation, door step service and early delivery of Car from the nearest showroom to your home or office.We also help you arrange the test drive for your preferred Car.

Used Car Loan

Opting for a used car loan is a smart, value-for-money purchase. We advise  used car loans for a wide collection of cars ranging from hatchbacks & SUVs to premium sedans. We help clients to avail used car loans up to 95% on your car value and with flexible EMI repayment options, quick disbursal of loans which makes it the best choice for financing your car. Loan Amount upto 50 Lac, Rate of Interest starts at 12.5% and loan tenure up to 60 Months.

Overdraft Against Car

Do you know that you could use your car to get quick funds from Banks against taking easy loan against your car ? top up loan against your existing car loan. This is the most convenient way to raise funds in quick time – loan tenure up to 7 years, rate of interest is also upto 2% lower than personal loan. This loan can be availed by salaried, Self Employed Businessman and professionals i.e. CA / CS /Architects etc.

Get financing for whatever you need now

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Features of Tractor Loan

All loans are not created equal, personal loan has become a great option for people to use.

Faster Process

Turn around time for Tractors and machinery loans is about 5 working days to process your loan application and arranging the delivery of your preferred tractor.

Loan Amount

For Tractors and machinery loans are available up to 100% amount of its on-road value. So, enjoy the best finance and grow your business at a rapid speed.

Best Rate of Interest

Tractors loans start from 12% per annum to give you an edge over the high rate of interest.

Repayment

Loan can be repaid in equal monthly instalments for over up to 5 years. We understand that smaller EMI’s will helpful to pay the loan easily and conveniently.

Eligibility

Any individual, self-help groups or organization can avail tractor loans

Age

Min 21 Year in case of Individual

Income

Equivalent to pay the loan EMI

Cibil Rating

There should not be any default.

Frequently Ask Questions

Still you have questions ?

Yes, loan can be repaid before the actual loan tenure also.

Yes, your tractor should be covered with adequate insurance as per the value.

Yes, you can have multiple tractor loans, only your income should support the loan payment.

Apply Now!

Now apply for a Loan online, All you need to do is provide your details below application form.