Access a comprehensive financial solution for your brand-new tractor with ease. Our Tractor Loans offer a hassle-free documentation process and swift loan approvals, ensuring you can acquire the ideal tractor without delay. We provide funding of up to 90% for the tractor of your choice through a streamlined procedure.
Forget the hassle of income documentation because our no-income document option is available, bringing you one step closer to owning your dream tractor. We’ve designed the repayment schedule to align with the crop cycle, allowing you to repay at your convenience. You have the flexibility to choose from various repayment methods, including ECS, post-dated cheques, or online payments. Take the first step towards turning your dreams into reality by applying for a Tractor Loan online today.
Schedule of Charges | Charges (inclusive of GST) |
---|---|
Processing Fees | Upto 10% |
Penal Charges | 36% Per Annum on unpaid installment |
Foreclosure Charges | 4% of the future principal Outstanding |
Other Charges | |
Bounce Charges | Rs.750 |
Duplicate NDC/NOC Charges | Rs.500 |
Plan your budget and make your life easy with the tractor loan calculator. Get the total amount payable, EMI and processing fee, and other important information calculated in advance.
Disclaimer : These results are for indicative purposes only. Actual results may vary. For exact details, please contact us.
At TVS Credit, we provide tractor loan with affordable interest rates ranging from 11%-25%
Tractor loans come under the category of agricultural loans. This Loan can be availed by farmers, non-farmers, individuals or as a group. At TVS Credit, the repayment options have been matched with the crop cycle for the borrower’s convenience.
Here’s why you should consider TVS Credit tractor loan.
The maximum tractor loan tenure at TVS Credit is up to 7 years.
At TVS Credit, the maximum loan amount for a tractor loan that can be borrowed to purchase a tractor is up to 90% of the tractor’s price.
Depending on the type of tractor loan opted for, the maximum tenure ranges from 48 to 60 months.