Power Up Your Farm: A Guide to Agri Implement Loans
Jan 26, 2024 | 4 mins read
New Tractor Loan
New Tractor Loan
Agri-Implement Loan
Kisan Suvidha (Top Up)
Kisan Suvidha Top Up Plus
Refinance Loan
Warehouse Receipt Finance
Take advantage of our New Tractor Loan that is designed to help you purchase the right machinery and improve your farming efficiency. Choose from customised loan offers ranging up to ₹ 15 Lakh, with competitive interest rates starting from 10%* p.a.
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New Tractor Loan
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New Tractor + Implements Combo
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New Tractor + Harvester Combo
EMI Calculator
Results generated by the calculator(s) are indicative in nature.
Preferred loan amount
₹
₹1,00,000
₹15,00,000
Flat rate
%
10%
19%
Loan tenure (months)
12 months
72 months
Estimated EMI
per month- ₹ 8,792
Interest payable
₹5,499
Eligibility & Documents
Eligibility
Age requirement:
18 years to 65 years
Income Eligibility:
Based on size of land holdings and per acre yield
Documents
ID Proof
Aadhaar | PAN card | Voter ID | Driving License |Passport
Address Proof
Aadhar | Voter ID | Driving License |Passport | Latest telephone bill (landline) | Latest electricity bill | Latest bank account statement
Land Ownership Proof
Agricultural land document
Other Documents
ACH/ECS Mandate
Seamless Loans, Simplified Experience
Download the Planet app for a one stop loan solution with effortless management at your fingertips. Learn More
Farmer Loan
Having a good track record, LTF provided me with a pre-approved loan which was a huge help to my business. The FLS assisted me personally; he answered all queries. My loan was disbursed within 24 hours. I will recommend LTF to my friends & family and will prefer L&T Finance for future loan requirements.
Akshay Kumar Jha
Location here
Farmer Loan
Having a good track record, LTF provided me with a pre-approved loan which was a huge help to my business. The FLS assisted me personally; he answered all queries. My loan was disbursed within 24 hours. I will recommend LTF to my friends & family and will prefer L&T Finance for future loan requirements.
Sanjay
Location here
Farmer Loan
My friend recommended LTF since they provide tractor loans at a lower interest rate than others, the loan process is simple, no physical documentation is required, payment was deposited the same day and I received the tractor within a week. My agricultural business has really improved thanks to the LTF.
Narayana G
Telangana
Farmer Loan
L&T Finance has supported me as a farmer since 2014, helping me finance two tractors and essential equipment. With flexible, crop-based repayments and easy EMI tracking on the PLANET App, my life has been easy. L&T Finance truly empowers us to grow better and manage finances seamlessly.
Satish Hisar
Beri, Haryana
Farmer Loan
As a third-generation farmer, owning a tractor with L&T Finance's support has transformed our work. The fully digital process made it easy, with swift disbursement and flexible repayment options like EMI Protect. Now, our costs are lower, and farming is efficient. Truly, L&T Finance supports farmer prosperity.
Hardeep Soora
Hisar, Haryana
