The HDFC Tractor Loans is an initiative for the bank to provide finance to the farmers of the country to purchase new or even pre-owned tractors. The farmers have the ability to now get finance to meet their agricultural needs with a tractor that they require. The loan will be sanctioned and disbursed in quick and efficient manner, the documentation involved is also extremely simple and also the bank provides you with the loan in a quick turnaround time.
The HDFC Tractor Loans will provide finance to the farmers of the country to purchase new or even pre-owned tractors, to help them meet their agricultural needs with a tractor that they require
Both farmers and non-farmers can opt for this loan, the eligibility criteria is as follows:
The loan will be available to purchase new or even pre-owned tractors, to help them meet their agricultural needs with a tractor.
The amount of loan would be given to purchase the tractor.
The average rate of interest offered for the applicant in the time period of July 2015 - September 2015, will be minimum rate being 9.45% with a maximum rate of 15.85%. The accounts will be exclusive only for accounts under government scheme.
Documents required will be as mentioned below:
The charges available are:
Application process for this loan is very simple, all you need to do is fill in a loan application form with supporting documents and submit it to the nearest HDFC Bank branch. You can also apply for this loan via the HDFC Bank website by submitting an online application form with a few mandatory details.
Online application is available for the HDFC Tractor Loan, all you need to do is login to the HDFC Bank website by submitting an online application form with a few mandatory details.
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