NBFC
Tractor loans from NBFCs
L&T Finance, Shriram Finance, Mahindra Finance and othersAll India
Faster tractor loans with flexible repayment, usually at a higher rate than public banks.
What it is
NBFCs lend for tractors with repayment matched to your cash flow. L&T Finance lends from 10% (up to about 19%), up to ₹15 lakh over 12 to 72 months.
Shriram Finance lends from 12%. Mahindra Finance does not publish its rate.
All IndiaCoverageDealer or NBFC branchApply at10%–20%Rate
Eligibility at a glance
Age 18 to 65 (L&T) or 18 to 70 at maturity (Shriram)
Income proof or land records
Apply at: Dealer or NBFC branch
Key facts
- Amount: Up to ₹15 lakh (L&T Finance)
- Repayment: 12 to 72 months; monthly, quarterly or half-yearly
- Security: Tractor hypothecated
!Information only, not financial or legal advice. Final terms are set by the lender. AgriFolk does not collect any fee.