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Tractor Loans & Agriculture Equipment Finance

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Tractor Loans

Majdoor se maalik – I owe a lot to Mahindra Finance.

I was an ordinary labourer working in a brick manufacturing plant. But I always wanted to start my own business of transporting goods. However, the major obstacle was getting finance to buy a tractor. I approached various banks and...

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- Mr. Krishna, Jhajjar

*Images are for reference only. Actual customer images may vary.
Tractor Loans

I have availed of four new tractor loans and my experience has always been positive.

I have been a Mahindra Finance customer for the last six years and I am very happy with their service. I first went to them in 2004 when I wanted to buy a Mahindra tractor...

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- Mr. S. Subhash, Nagercoil

*Images are for reference only. Actual customer images may vary.
  • Features & Benefits
  • Eligibility & Documentation
  • FAQs
  • Repayment based on cash flows i.e. monthly/quarterly and half yearly (asset becomes loan free in five years)
  • Quick disbursal within two days after loan approval
  • Available for a wide range of tractors
  • Stress-free loan sanction without mortgaging of land
  • Easy and flexible documentation

Eligibility:

We cater to all segments of customers owning a tractor or planning to own one.

Documents required:

  • KYC Documents
  • Income proof to support repayment of loan

FAQs:

Tractor Loans

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Do I have to mortgage land for availing of a Tractor Loan?

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

What are the advantages of choosing Mahindra Finance?

Flexibility:

With minimal documentation

Reach:

Strong network of branches in rural and semi-urban India

Speed:

Loan approval within 2 working days

How do I approach Mahindra Finance for a loan?

You can obtain your loan through any Mahindra Finance branch. You can even apply online, and we'll get in touch with you shortly.

What are the minimum & maximum loan amounts?

The loan amounts can be customised to suit your individual needs.

What are the loan tenure options?

A minimum period of 3 months and a maximum period of 5 years.

What is the down payment?

The down payment is a balance between the vehicle price and the loan amount. However, you can choose to make a higher down payment depending upon the finance option and your personal needs.

© 2013 Mahindra Finance

CIN - L65921MH1991PLC059642

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