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Tractor Loan

Mahindra Finance is amongst the top tractor financers in India and offers a wide range of financial products. Now, you can purchase tractors and farm implements for farming as well as commercial use easily with our farm equipment loans. Get loans on a wide range of tractors and tractor implements without mortgaging of land. The loan process is easy with flexible documentation requirements suited to your needs. Moreover, the loan will be sanctioned within two days after you submit documents. Our tractor loan is fully customised to your requirements with repayments based on your cash flows i.e. monthly/quarterly/half yearly and the tractor becomes loan-free in five years.

Tractor Loan - Features & Benefits

Tractor Loan - Eligibility & Documents

All customers owning a tractor or planning to buy one

Documents Required

Disclaimer: MMFSL reserves the right to approve/disapprove the loan after the submission of documents.

Tractor Loan - Top Up & Financing

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Top Up Loan

Now avail a loan on your existing vehicle for meeting your various personal and business needs. Our Top-up Loan is designed to cater to the immediate financial need of the existing customer of Mahindra Finance. We offer competitive interest rates to ensure customer’s continued success. The top-up loan offers financial aid to fulfil your monthly obligations and maintain good credit. Our officials are trained to ensure that you receive your top-up quickly with minimal documentation.

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Refinance Loan

Refinance Loan from us can help you pay off your loan quickly and save money each month. We offer competitive rates that are based on your existing tractor payment schedule. The loan period is up to 5 years and for vehicles as old as 10 years. The simple and quick process ensures that you receive your loan through speedy pay-outs. Our well trained officials will help you take informed decisions and assist you with the documentation process.

Tractor Loan - FAQs

No, the tractor loan will be available without the mortgaging of land.

Convenience: Minimal documentation

Reach: Strong network of branches in rural and semi-urban India

Speed: Loan approval within 2 working days

You can obtain your loan through any Mahindra Finance branch. You can even apply online, and receive a call back from a Mahindra Finance executive in your city or town.
There is no fixed minimum-maximum amount. Tractor loan amounts can be customised to suit your individual needs.
The minimum period is 3 months and the maximum period is 5 years.
The down payment is a balance between the vehicle price and the tractor loan amount. However, you can choose to make a higher down payment depending upon the finance option and your personal needs.

Tractor Loan - Calculate your EMI

  • Diverse loan offerings
  • Less documenation
  • Quick processing
Loan Amount
Tenure In Months
Rate of Interest %
Principal: 75 %
Interest Payable: 25 %

For illustration purpose only

Total Amount Payable

50,000

loan process
1 <p>Apply</p>

Apply

2 <p>Select your <br /> product</p>

Select your
product

3 <p>Get <br /> approved</p>

Get
approved

4 <p>Get your loan <br /> sanctioned &amp; <br /> disbursed</p>

Get your loan
sanctioned &
disbursed

Simple loan

application

process

Apply now

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Tractor Loan - Customer Reviews

Get in Touch

Mahindra & Mahindra Financial Services Limited
4th Floor, Mahindra Towers,
Dr. G.M. Bhosale Marg,
P.K. Kurne Chowk, Worli,
Mumbai 400 018.

Click here to locate the nearest Mahindra Finance

Calculate Your EMI

  • Diverse loan offerings
  • Less documenation
  • Quick processing
Loan Amount
Tenure In Months
Rate of Interest %
Principal: 75 %
Interest Payable: 25 %

For illustration purpose only

Total Amount Payable

50000

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