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Principal Finance Amount

  • 1 Lac
  • 5 Lac
  • 9 Lac
  • 13 Lac
  • 17 Lac
  • 21 Lac

Interest Rate

  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
Months 12 24 36 48 60 72 84
EMI

Tractor Finance Eligibility & Documentation

Tractor Finance Eligibility:

  • Salaried individual
  • Self employed individual
  • Self employed professional like doctor, lawyer, etc
  • Aged above 18 years
  • Have a good CIBIL credit scor
  • Good repayment capacity with fixed & stable income source
  • Work for a stable company

How is your tractor loan eligibility determined?
Based on the following aspects financial institutes will determine your loan eligibility:

  • Your monthly income
  • Cost of Vehicle
  • Other EMIs which you are paying for any other loan

Fill the form above to check your actual tractor loan amount eligibility.

Tractor Finance documentation: Tractor loan documentation process is minimal and generally banks require the following document:

  • Identity Proof namely a copy of the passport or PAN card or Voters Id or driving license.
  • Income Proof in the form of usually the latest salary slip with the latest income tax forms (Form 16 in the case of the salaried individual, ITR form in the case of a self employed individual).
  • Residence Proof in the form of a Ration card or Driving license or Voters ID or Passport copy or telephone bill or electricity bill or life insurance policy or PAN card.
  • A copy of the bank statements pertaining to the most recent and relevant time frame.


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