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Apply For Tractor Loans

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Top Up Loans

Tractor Loans

Refinance Loans

Tractor Loans

  • Getting a Tractor Loan has never been easier! At TVS Credit, we strive to simplify your farm tractor financing needs with best rate of interest, quick approvals, and minimum documentation. In combination with your purchase of implements, our loan for a new tractor entitles you to loan-to-value financing of up to 90%. Our tractor loan covers all significant OEMs, ensuring you have the best possible tractor for your farmland. In case you are looking for a second-hand tractor, look no more, we have our used tractor loan for the same. It is a flexible and an inexpensive method to finance your tractor purchase with reasonable rates of interest. With our tractor loan you can enjoy funding of not only the tractor but also its insurance. This way you can be assured of the life of your tractor without any worries. Our fluid eligibility criteria and flexible repayment options marked to crop cycle ensures that we deliver the best tractor financing services for you. Not only this, you can also easily repay your EMI by availing options like ECS, post-dated cheques or online payment, as per your convenience. So, what are you waiting for? Apply for our tractor loan online or at your nearest dealer location and get ready to harvest prosperity.

Features and Benefits

Eligibility and Documentation

Select your occupation type

  • Farmers with agri land in their own name (Max LTV 80%)
  • Non Farmers with Agri and Commercial usage (Max LTV 80%)
  • Farmers / Non Farmers with high equity - EXPRESS LOANS (Max LTV 60%)

Farmers with agri land in their own name (Max LTV 80%)

Duly filled application form with borrower’s, co borrower’s and guarantor’s photographs

ID proof, address proof and signature verification of the borrower as well as guarantor

Land documents as applicable and records of past loans availed if any

Non Farmers with Agri and Commercial usage (Max LTV 80%)

Duly filled application form with borrower’s, co borrower’s and guarantor’s photographs

ID proof, address proof and signature verification of the borrower as well as guarantor

Land documents as applicable and records of past loans availed if any

Farmers / Non Farmers with high equity - EXPRESS LOANS (Max LTV 60%)

Duly filled application form with borrower’s, co borrower’s and guarantor’s photographs

ID proof, address proof and signature verification of the borrower as well as guarantor

Land documents as applicable and records of past loans availed if any

Loan EMI Calculator

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Disclaimer
These results are for indicative purposes only. Actual results may vary. For exact details, please contact us.
Personal Loans From Tvs Credit

Personal Loans

  • Personal loans can go a long way in giving you the financial independence you need. With TVS Credit you can get quickly approved personal loans to help you with your monetary need. From home improvement to travel, our personal loan covers all your personal needs at a very attractive interest rate.

    TVS Credit offers its personal loan services only for existing TVS Credit customers. Our personal loan service requires no collateral or documentation, allowing you easy access to your financial needs.

FAQs

What is an EMI?

EMI stands for ‘Equated Monthly Instalments’. The instalment comprises two components – the principal and the interest. EMIs provide you with the ease and benefit of paying back your loan in fixed monthly payments over a long period of time.

Does TVS Credit offer any special schemes?

We frequently offer special schemes – don’t miss out! To avail of our latest offers, get in touch with us.

I am an existing customer; can I apply for another loan?

Yes. However, please note that the approval of your loan is subject to your credit score and fulfilment of eligibility criteria for the product.

Will I be eligible for any special schemes after I have repaid my loan?

Once you have cleared your loan without default, you may be eligible for special schemes.

Do I have the option of foreclosing my loan?

Yes, this can be done as per the foreclosure terms mentioned in your loan agreement.

How long does it take to get a loan?

Your loan will be processed within 48 hours, subject to fulfilment of document and verification requirements.

Although my landholdings are small, I have other substantial sources of income. Can I get a tractor loan?

At TVS Credit, the underwriting philosophy is largely driven by the overall income of the customer. Additional sources of income are given due weightage.

Will I require a guarantor?

Any loan with an LTV above 65% would require a guarantor.

What is the maximum tenure of the loan?

Depending on the type of loan, the maximum tenure ranges from 48 to 60 months.

Can the instalments be marked to the harvest months?

The repayment schedule can be customized in such a way that each instalment is due during the harvest season.