We, at TVS Credit, have a merit-based formal recruitment process. We never demand any fee or deposit from applicants during the recruitment process. Beware of fraudsters spoofing TVS Credit domain ID to send fraudulent emails/offers. Click here to know more.

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What is a Used Tractor Loan?

If you are considering buying a pre-owned tractor, opt for our convenient Used Tractor Loans, which come with a host of advantages. Benefit from funding of up to 90% for specific tractor brands, adaptable repayment schedules tailored to your crop cycle, and a variety of repayment choices.

Take advantage of our no-income document scheme, allowing you to apply for the loan without the burden of extensive documentation. We offer quick approvals, attractive interest rates, and a transparent process to simplify your borrowing experience. Use our Used Tractor Loan Calculator to estimate your EMI. Apply for a Used Tractor Loan today and bring home the tractor of your dreams.

What we are offering

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Affordable Tractor financing to fuel your agricultural aspirations.

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Key Features and Benefits of Used Tractor Loans

We offer a range of benefits to ensure that buying a used tractor is easy. Our Used Tractor Loans process provides you with assistance at every step.

Easy Documentation for your Loans

Simple documentation

Our simplified process ensures that paperwork is easy and minimal. Lesser documentation time means you get your loan faster.

Benefits of Tractor Loans - Up to 90%* funding

Up to 90%* funding

Get maximum funding to purchase a pre-owned tractor. Pay a minimal down payment and own a tractor.

Repayment options marked to crop cycle

Repay the loan at your convenience. We also provide repayment options according to your crop cycle (monthly, quarterly, or half-yearly).

No Income Document Scheme

No income document scheme

Get a used tractor loan without any traditional income documentation. Our no-income document scheme makes it easy to get a loan for everyone.

Benefits of Used Tractor Loans - Affordable interest rates

Affordable interest rates

Select the option that fits your pocket. Easily plan your budget before you apply for your loan.

Benefits of Tractor Loans - Speedy loan processing

Instant loan processing

Experience quick loan processing! Submit proper documentation and get your loan approved within 48 hours.

Get Loans without any Credit History

Transparent processing

We follow a no-hidden-charges policy. You are in control at every step of the loan processing.

Charges on Product Name

Fee Type Applicable Charges
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

For a complete list of charges, please click here

Used Tractor Loans EMI Calculator

Make sure you plan your monthly finances well in advance with our Used Tractor Loan Calculator. Instantly calculate the total amount payable, EMI, processing fee, and much more.

₹ 50000 ₹ 7,00,000
2% 35%
6 Months 60 Months
Monthly Loan EMI
Principal Amount
Total Interest Payable
Total Amount Payable

Disclaimer : These results are for indicative purposes only. Actual results may vary. For exact details, please contact us.

Eligibility Criteria for Used Tractor Loans

Here’s all that you need to know about your eligibility for a used tractor loan.

Documents Required to Apply for a Used Tractor Loan

How to apply for a Used Tractor Loan?

STEP 01
How to Apply for your Loans

Select Your Vehicle

Decide the tractor for which you want to avail of the Loan.

STEP 02
Get the documents verified

Get Approval

Upload the required documents and get your Loan approved.

STEP 03
Loan Sanction

Loan Sanction

After approval, get your Loan disbursed without any delay.

Are you an Existing Customer?

Welcome back! Submit the below-mentioned details and get a new tractor loan.

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Frequently Asked Questions

At TVS Credit, we provide Used Tractor Loans with affordable interest rates ranging from 14%-34%

You can get a Loan for an old tractor by applying for a used tractor loan from TVS Credit. We provide flexible EMIs, affordable interest rates and quick loan processing. Check out TVS Credit Used Tractor Loans for detailed information.

Experience error-free calculation by using the TVS Credit Used Tractor Loan EMI calculator. Select the variables such as loan amount, tenure and interest rate.

At TVS Credit, the tenure for the Used Tractor Loan ranges from 48 – 60 months based on multiple factors.

You can check out the ways to improve your credit score and apply for a loan with the maximum possibility of getting approval.

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