Tractor Loan Interest Rates & Charges

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Interest and Charges

Attractive Interest Rates based on your eligibility*

Interest Rates

Charged based on product-specific, document, and stamp fees based on the prevailing rates set by the statutory authority and the location of the contract execution.

Charges

Frequently Asked Questions (FAQs)

Get all the answers to your top Tractor Loan FAQs

Do I have to mortgage land to get a tractor loan?

No, there is no requirement to mortgage land to get a Tractor loan.

What are the advantages of choosing Mahindra Finance for tractor finance?

Convenience: Minimal documentation

Speed: Loan approval within 2 working days

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

How do I approach Mahindra Finance for a tractor loan?

Apply for your loan online or through any Mahindra Finance branch and receive a call back from a Mahindra Finance executive in your city or town.

What are the minimum and maximum Tractor loan amounts offered?

There are no fixed minimum or maximum amounts. Tractor loans can be customised to suit your individual needs.

What are the Tractor loan tenure options?

The minimum term period is 6 months and the maximum term is 5 years.

What is the Down Payment?

Down Payment is the difference between the price of the Tractor and the amount of the Tractor Loan. Depending on the financing options, you can opt for a higher down payment if you wish.