New tractor loan
Buying a new tractor from a dealer. The lowest rates in the category sit here, because the asset is new and the lender's security is strongest.
The tractor is the easy part. We sort out the money.
One application, offers from multiple banks and NBFCs, and a straight comparison of what each one will actually cost you over the full tenure.
- New tractors, used tractors, and loans against a tractor you own
- Offers from 12+ banks and NBFCs
- Repayment schedules that can follow the harvest, not the calendar
- Free to apply. We are paid by the lender, never by you.
Apply for a new tractor loan
Tell us which tractor you want. We will bring you offers from multiple banks and NBFCs.
12+
Lenders compared
All India
36 states & UTs
2 min
Eligibility check
₹0
Our fee to you
What do you need the money for?
Three different products. Choosing the wrong one costs you rate and tenure.
Used tractor loan
Buying second-hand, privately or from a dealer. Needs a valuation, and the tenure is capped by the tractor's remaining life.
Loan against tractor
You already own the tractor and need cash — for seed, for a wedding, to clear a costlier debt. You keep using the tractor throughout.
How it works
No branch visit until there is an offer worth visiting for.
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1
Apply once
One form with your details, the tractor and the amount you need.
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2
We shop it around
Your profile goes to the lenders most likely to say yes to it, not to all of them.
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3
Compare offers
Rate, tenure, processing fee and total interest, side by side in plain numbers.
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4
Sanction & disburse
Complete the paperwork with the lender you pick. We stay on it until the money moves.
Banks & NBFCs we work with
The loan is sanctioned and disbursed by the lender you choose. We are the intermediary, not the lender.
SBI
HDFC
ICICI
Axis
PNB
BoB
Canara
Union Bank
BOI
Indian Bank
Kotak
IndusInd
Know the EMI before you commit
Tenure is the lever most borrowers pull without seeing the cost. Stretch a loan from three years to seven and the monthly instalment drops comfortably — while the total interest you pay rises sharply. Both numbers are on the calculator.
Tractor loans — common questions
How much loan can I get on a tractor?
Most lenders finance a large share of the on-road price of a new tractor, with the rest paid as margin money by you. The exact percentage depends on the lender, your repayment record and whether the loan is against land, salary or an existing banking relationship — which is why the offers we bring you are compared side by side rather than quoted upfront.
What documents are needed for a tractor loan?
Identity and address proof (Aadhaar, PAN, voter ID), land records such as the 7/12 extract, Khasra or Khatauni, the last six to twelve months of bank statements, passport-size photographs and the tractor quotation or proforma invoice from the dealer. A used-tractor loan also needs the RC and a valuation.
Can I get a tractor loan without land in my name?
It is harder but not impossible. Lenders treat agricultural land as the primary security, so without it you will usually need a guarantor, a strong banking history, or to route the loan as a commercial vehicle loan if the tractor is used for haulage. Tell the advisor your situation and they will point you at lenders who accept that profile.
What tenure can I choose?
Tractor loans commonly run for several years, and many agricultural lenders let repayment follow the harvest cycle — half-yearly or yearly instalments instead of monthly. Longer tenure means a smaller instalment but more total interest; the EMI calculator on this site lets you see that trade-off before you commit.
Find out where you stand
A two-minute eligibility check. No documents, and no effect on your credit score.