Tractor Loan - Features & Benefits

Tractor Loan - Eligibility & Documents

All customers owning a tractor or planning to buy one

Documents Required

Disclaimer: MMFSL reserves the right to approve/disapprove the loan after the submission of documents.

Tractor Loan - Top Up & Financing

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Top Up Loan

Now avail a loan on your existing vehicle for meeting your various personal and business needs. Our Top-up Loan is designed to cater to the immediate financial need of the existing customer of Mahindra Finance. We offer competitive interest rates to ensure customer’s continued success. The top-up loan offers financial aid to fulfil your monthly obligations and maintain good credit. Our officials are trained to ensure that you receive your top-up quickly with minimal documentation.

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Refinance Loan

Refinance Loan from us can help you pay off your loan quickly and save money each month. We offer competitive rates that are based on your existing tractor payment schedule. The loan period is up to 5 years and for vehicles as old as 10 years. The simple and quick process ensures that you receive your loan through speedy pay-outs. Our well trained officials will help you take informed decisions and assist you with the documentation process.

Tractor Loan - FAQs

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

Convenience: Minimal documentation

Reach: Strong network of branches in rural and semi-urban India

Speed: Loan approval within 2 working days

You can obtain your loan through any Mahindra Finance branch. You can even apply online, and receive a call back from a Mahindra Finance executive in your city or town.
There is no fixed minimum-maximum amount. Tractor loan amounts can be customised to suit your individual needs.
The minimum period is 3 months and the maximum period is 5 years.
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.

Tractor Loan - Calculate your EMI

  • Diverse loan offerings
  • Less documenation
  • Quick processing
Loan Amount
Tenure In Months
Rate of Interest %
Principal: 75 %
Interest Payable: 25 %

For illustration purpose only

Total Amount Payable

50,000

Tractor Loan EMI Calculator

What is Mahindra Finance Tractor Loan EMI Calculator?

An EMI calculator is an instrument that calculates the EMI and total interest payable against any specific loan amount. Mahindra Finance has introduced a Tractor Loan EMI Calculator that helps you keep track of monthly instalments (both paid and pending) after taking a loan to buy a tractor.

Mahindra Finance Tractor Loan EMI Calculator has been launched with multiple benefits and is easy to use.

Why choose Mahindra Finance? 

Mahindra Finance prioritises your ease and comfort so you can avail a tractor loan without any hassle or delay. Here are some key advantages of taking a loan from Mahindra Finance:

  • There are no restrictions on the mode of payment.
  • Flexible EMI repayment options are available.
  • The EMI period can range from 12 months up to 60 months.
  • The documentation process is also very easy.
  • Various plans are available, and each can be customised to match your requirements.
  • The rate of interest is minimal and reasonable. No extra or undercover charges are involved.
  • All transactions are transparent. You will get an SMS update at each step.
loan process
1 <p>Apply</p>

Apply

2 <p>Select your <br /> product</p>

Select your
product

3 <p>Get <br /> approved</p>

Get
approved

4 <p>Get your loan <br /> sanctioned &amp; <br /> disbursed</p>

Get your loan
sanctioned &
disbursed

Simple loan

application

process

Apply now

Tractor Loan - mBlogs

Tractor Loan - Customer Reviews

Get in Touch

Mahindra & Mahindra Financial Services Limited
4th Floor, Mahindra Towers,
Dr. G.M. Bhosale Marg,
P.K. Kurne Chowk, Worli,
Mumbai 400 018.

Click here to locate the nearest Mahindra Finance branch around you

Calculate Your EMI

  • Diverse loan offerings
  • Less documenation
  • Quick processing
Loan Amount
Tenure In Months
Rate of Interest %
Principal: 75 %
Interest Payable: 25 %

For illustration purpose only

Total Amount Payable

50000

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