Frequently Asked Questions

Ask about our low rate tractor loans?

You can approach Tractorloan. in any of the following ways:

  • Call or Whatsapp at- 7340629334
  • Fill the enquiry form
  • Land documents (confirming ownership, crop holding and land holding)
  • Encumbrance certificate (to check for hypothecation)
  • KYC documents (identification, proof of address, signature, DOB proof)
  • Guarantors KYC and copy of land ownership document

If your tractor is made by a leading automobile manufacturer in India, you can get a loan.

You will require a guarantor in all cases except certain segments where you have offered agricultural land as additional collateral. In case of High funding Guarantor is necessary.

Yes, foreclosure is allowed, but foreclosure charges will be applicable as per norms.

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.

The frequency permitted in particular cases will vary according to the product variants.

The frequency permitted in particular cases will vary according to the product variants.
•    Monthly
•    Bi-Monthly
•    Quarterly
•    Half-Yearly

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