What is the maximum funding I can get for a tractor loan?

Most lenders provide up to 90–100% of the tractor’s on-road price.

What are the current tractor loan interest rates in India?

Rates vary by lender and profile. FinJ helps you compare tractor loan rates instantly.

How long does it take to get a tractor loan?

Approvals usually happen within hours, with disbursal in 24–48 hours.

What documents are needed for tractor loan approval?

Basic KYC, PAN, Aadhaar, income proof, and bank statements. Farmers may also need land documents.

Can I get a tractor loan without a credit score?

Yes, many lenders offer secured tractor loans even without a credit history, but at higher interest rates.

Can I top up my existing tractor loan?

Yes, top-up facilities are available if you have a good repayment track record.

How do I compare different tractor loan companies?

Use FinJ’s comparison tool to view EMIs, rates, and offers from multiple lenders.

Is there flexibility in repayment schedules?

Yes, many lenders offer repayment schedules aligned with crop cycles for farmers.

Why should I choose FinJ for my new tractor loan?

FinJ ensures fast approvals, minimal paperwork, transparent offers, and flexible repayment plans designed for farmers.

Apply New Tractor Loan Online

Buy your new tractor easily with FinJ's digital tractor loans—instant approval, low EMIs, and flexible repayments.

Check your eligibility in seconds. No credit score impact.

Trusted Partners

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Satisfaction Guaranteed

Best Interest Rates

100%

Best Interest Rates

100%

Satisfaction

Hidden Charges

1,00,000+

Happy Customers

Benefits of Choosing a Tractor Loan

Explore the exclusive benefits that make our tractor financing the preferred choice for farmers across India.

Fast Approvals

Our digital tractor loan application process ensures your approval happens in record time.

Low Rates

Get some of the most attractive tractor loan interest rates from leading banks & NBFCs.

Flexible Tenure

Repay your tractor loan with plans ranging from 12 to 60 months, aligned with your farming income cycle.

Minimal Paperwork

Apply online with just the essential tractor loan documents, no unnecessary paperwork.

Calculate Your EMI

Loan Amount

Tenure

% Interest Rate

Monthly EMI

₹8,699

Principal Amount₹1,00,000

Total Interest Payable₹4,388

Total Amount Payable₹1,04,388

*For representation purpose only. Final values may vary subject to bank's policy.

Eligibility & Documents Required

Who Can Apply?

Minimum age of 21 years with a steady income source

Good credit score (typically 750+) improves loan chances

Farmers, self-employed individuals, or agri-business owners with stable earnings

Disclaimer: Loan sanction is subject to the lender’s internal policies. Final approval rests with the bank/NBFC.

Our Lending Partners

FinJ partners with top banks and NBFCs to offer new tractor loans, vehicle, and agri-equipment loans. Compare rates and choose what fits your budget.

Tractor Loan Interest Rates

Access competitive tractor loan interest rates from trusted financial institutions.

4 Simple Steps to Your Tractor Loan

FAST, SIMPLE & SECURE

Documentation – Swift & Secure

Upload your KYC and income documents online in just a few clicks.

Verification – Quick & Hassle-Free

Lenders verify your eligibility instantly without long procedures.

Approval – Fast & Transparent

Get immediate approval and compare tractor loan offers from multiple lenders.

Disbursal – Smooth & Direct

The loan is disbursed to the dealer so that you can bring home your new tractor without delays.

Customer Testimonials

Hear From Our Happy Customers

Rajveer Singh

(Mumbai)

As someone who farms over 25 acres in Ludhiana, I always hesitated to upgrade my equipment because I thought financing would be a long, drawn-out process. Thanks to FinJ, I was able to apply for a loan for my Mahindra 575 DI entirely online. The approval came in less than 24 hours. Very satisfied!

Sunita Devi

(Bengaluru)

Farming in Rajasthan, I had limited access to financing options for tractors. I wanted the Sonalika DI-30 RX because of its fuel efficiency and reliable service. FinJ helped me compare offers from three lenders, and I chose one which required minimal paperwork.

Frequently Asked Questions

Simply enter your mobile number, upload documents, and compare offers. The entire process is digital and paperless.