Farm Equipment Finance

Reap a better harvest with the right tractor and farm equipment


Key Features


Financing on tractors across manufacturers


Loan tenure of upto 6 years available


Customised loans for customers with different size of land holdings


Finance for used tractors*


Technology-driven transparent processes

Customised repayment option based on harvesting patterns


Attractive schemes to suit your needs


Faster sanction and disbursement of loan


Multiple modes of repayment


Simple documentation


Competitive processing charges


Strong presence in semi-urban and rural India



*Terms & Conditions Apply. Credit at the sole discretion of the company.


Farm Equipment Finance

L&T Financial Services has long been associated in the Rural Finance market, supporting entrepreneurship and livelihoods. With the aim of providing easy finance for tractor and agricultural equipment, every customer is assured of the best deals. We also believe that flexible loan terms could help customers like you to adjust your payment cycles to match crop patterns. So when it comes to reaping more, you will surely benefit.


Eligibility Criteria 


·    Age requirement: 18 years - 65 years

·    Income requirement: Articulated with the size of landholdings and per acre yield

·    Any other requirements: KYC compliance




Documents Farmer
Income Proof As per submissions made at the time of filing returns
Bank Statements Last 6 months
Other Documents Agricultural land document, NACH/ECS Mandate, PDCs, etc
  • ID Proof: Aadhaar /PAN card  
  • Age Proof: Passport / Voter's ID card / Driving License / PAN card / Aadhaar card
  • Address Proof: Passport / Latest telephone bill (landline) / Latest electricity bill / Latest bank account statement


Interest Rate

Tractor loan interest rate ranges from 16% to 19%. Actual interest rate for a customer may vary based on market conditions and the level of credit worthiness of the borrower.