Key features

• Funding for tractors and implements
• Repayment aligned to harvest cycles on select lenders
• Flexible tenure

Eligibility at a glance

A general guide — the exact criteria vary by lender and are checked precisely when you apply.

• — Land ownership or cultivation rights
• — Regular agricultural or allied income
• — Minimum age as per lender policy

Documents you'll need

How it works

1. 1 Check eligibility
2. 2 Compare lenders
3. 3 Apply online
4. 4 Upload documents
5. 5 Get sanctioned

Tractor Loan EMI calculator

Estimate your monthly instalment and see the full year-by-year principal and interest breakdown.

Lenders compared

9

Rates from

9.00% p.a.

Loan up to

₹35 Lakh

Tenure up to

10 yrs

Lender	Interest rate	Loan amount	Tenure	Processing fee	Eligibility	Apply
Compare HDFC Bank HB HDFC Bank Bank Lowest rate	Interest rate 9.00% – 23.01% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹10 Lakh	Tenure 1–5 yrs	Processing fee ₹2,000–₹20,000 + GST Fee details Up to 2% of loan + GST; NIL for MSE up to ₹5 lakh with URC; up to 90% of tractor cost, 70% on implements; EMI monthly/quarterly/half-yearly; Tractorgyan: 9.95%-23.80%, age 18-60, farmer income Rs 1 lakh pa	Eligibility ✓ Age 18–60 yrs ✓ Min. income ₹8,333/mo ✓ Self-employed	Apply Now →
Compare IDFC FIRST Bank IDFC FIRST Bank Bank	Interest rate 12.00% – 16.00% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹15 Lakh	Tenure 1–6 yrs	Processing fee ₹1,000–₹30,000 + GST Fee details New tractor: 1% of sanctioned amount; used tractor (Rs 1-5.5 lakh, 1-5 yrs, tractor age up to 15 yrs): 2%; New tractor 12%-16%, used 16%-20%; age 18-65 at maturity	Eligibility ✓ Age 18–65 yrs ✓ Min. income ₹0/mo ✓ Self-employed	Apply Now →
Compare AU Small Finance Bank AS AU Small Finance Bank Bank	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹20 Lakh	Tenure 1–7 yrs	Processing fee ₹3,000–₹60,000 + GST Fee details Tractor & loan-against-tractor under Agri/vehicle finance; Agri Banking SOC: ROI up to 18%, PF up to 3%; quarterly/half-yearly instalments possible	Eligibility ✓ Age 21–65 yrs ✓ Min. income ₹0/mo ✓ Self-employed	Apply Now →
Compare Axis Bank AB Axis Bank Bank	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹20 Lakh	Tenure 1–5 yrs	Processing fee ₹2,000–₹40,000 + GST Fee details New tractor PF up to 2% + GST (used tractor up to 2.5%); valuation ₹200-650 + GST; repayment monthly/quarterly/half-yearly up to 5 years; Tractorgyan: 17.50%-20%, age 18-75, 3 acres land	Eligibility ✓ Age 18–75 yrs ✓ Min. income ₹0/mo ✓ Self-employed	Apply Now →
Compare Bajaj Finance Bajaj Finance NBFC / HFC Highest amount	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹35 Lakh	Tenure 12–85 mo	Processing fee ₹3,000–₹105,000 Fee details Tractor finance offered (rural lending); rates/fees not published on product page; sourced via Bajaj Finserv tractor finance DSA program	Eligibility ✓ Age 18–80 yrs ✓ Min. income ₹0/mo ✓ Credit score 720+ ✓ Self-employed	Apply Now →
Compare ICICI Bank IB ICICI Bank Bank Longest tenure	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹20 Lakh	Tenure 1–10 yrs	Processing fee ₹2,000–₹40,000 + GST Fee details PF 2% of loan + documentation charges + GST; monthly/quarterly/half-yearly instalments; permanent house required; amounts/tenure per bank calculator	Eligibility ✓ Age 18–65 yrs ✓ Min. income ₹0/mo ✓ Credit score 650+ ✓ Self-employed	Apply Now →
Compare IndusInd Bank IndusInd Bank Bank	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹20 Lakh	Tenure 1–7 yrs	Processing fee ₹1,000–₹20,000 + GST Fee details Tractor & farm equipment finance offered; rates and fees on application; Tractorgyan: investment TL 10.10%-15.25%, PF 1% + tax, age 18-70, 2 acres land	Eligibility ✓ Age 18–70 yrs ✓ Min. income ₹0/mo ✓ Self-employed	Apply Now →
Compare Mahindra Finance MF Mahindra Finance NBFC / HFC	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹25 Lakh	Tenure 6–60 mo	Processing fee ₹4,000–₹100,000 + GST Fee details PF up to 4% of sanctioned amount + GST; funding up to 90% of tractor price; repayment aligned to harvest cycles; EMI calculator range Rs 1 lakh-25 lakh (official)	Eligibility ✓ Age 18–65 yrs ✓ Min. income ₹0/mo ✓ Self-employed	Apply Now →
Compare TVS Credit TC TVS Credit NBFC / HFC	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹30,000 – ₹5 Lakh	Tenure 1–6 yrs	Processing fee ₹1,800–₹29,500 Fee details Up to 90% funding; PF up to 5.9% inclusive of GST; foreclosure 5%-6%; age 18-60 agri / 21-55 commercial; no-income-document scheme; loan Rs 30,000-5 lakh (official page)	Eligibility ✓ Age 18–60 yrs ✓ Min. income ₹0/mo ✓ 12+ months in current employment/business ✓ Self-employed	Apply Now →

Rates are each lender's own published figures, checked against the lender's website on the date shown. The rate, amount and approval you are offered depend on the lender's assessment of your profile — FynnEdge does not guarantee approval, disbursal or any particular rate.

Explore Tractor Loan by amount, type, need & location

Why FynnEdge?

You could go directly to a bank. But why apply for a Tractor Loan through us?

• “I contacted Fynnedge for help regarding the different types of personal loans available. The process went smoothly but it took quite long for the approval. Overall, it was a good experience.””

  

  Kavita Iyer

  Hyderabad

• “I collaborated with Fynnedge to seek a personal loan for a specific expenditure. The process was straightforward, and the staff explained how loans functioned. The only issue was the length of the whole application process.””

  

  Sandeep Malhotra

  Chandigarh

• “I have had a very happy experience with the Flexi Hybrid Term Loan. I found the process quite easy, although I did have to go through a lot of documentation as well as learn about all the terms and conditions of the loan first." ”

  

  Rajesh Gupta

  kanpur

Frequently asked questions