|Documentation Charge/ Processing Fee
|Up to 1 % of the loan amount + applicable taxes
|Prepayment/ Foreclosure Charges
|2% of principal outstanding + applicable taxes
|As per actuals
|Late Payment Interests (LPI)
|2% per month (p.m.) on overdue EMI + applicable taxes
*LPI revised from 3% to 2% per month on overdue EMI w.e.f. 4th Dec 2023
|Repayment/EMI mandate Bounce Charges
|Legal /Recovery /Repo /Parking & other Charges
|As per actuals
|RC Non submission Charges
|Duplicate NOC Charges (Charge is applicable for paper copy post 3 free copies per customer)
|₹ 1000/- + applicable taxes
|Repayment Swap Charges (per swap)
|₹ 500/- + applicable taxes (Applicable only for branch walk-ins)
|Charges for documents like Statement of Account/Repayment Schedule /Foreclosure Letter & Welcome Kit
Finance your aspirations today!APPLY NOW
Applicant to click selfie and upload Aadhaar and PAN
Click front, back and chassis plate of asset
Co-Applicant details req. only in case of female or if applicant >60 yrs.
Disb. details along with loan breakup desplayed for applicant to confirm
E-Sign and mandate registration
Tractors provides the power to deliver high performance at slow speeds. Avail a tractor loan to fund purchase of new tractor and other agricultural equipment with Farm Equipment Finance.
Equipment's like Rotavator, Cultivator, Trailer, Trolly, Thresher, Bailer, Harvester are used for various farming operations. Avail a Implement loan to fund purchase of agricultural Implements with Farm Equipment Finance.
Avail a Kisan Suvidha top-up loan to cover your labour & operational costs like buying fertilizers, seeds, insecticides & agricultural tools.
Avail a Refinance loan to cover expenses like purchase of land, acquisition of livestock ,machines and appliances for pipe draining, setting up greenhouse and other seasonal agricultural expenses.
Second-hand tractor helps farmers to save money & reduce operational cost . Get a second-hand with ease through a Used Tractor Loan.
Over 2 years have passed since I first took a tractor loan from LTF. The FLS assisted me personally and answered all my EMI & Loan related queries. The loan was disbursed within 24 hours and the money got credited the same day. LTF also provided me with a pre-approved loan considering my good track record, which was extremely beneficial to my business. I would definitely recommend LTF to my friends and family.
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.
L&T Finance was recommended by a friend for a tractor loan. The loan was disbursed immediately and I received my tractor within a few days. The new tractor really helped me to grow my business. I would definitely prefer L&T Finance for future loan requirements.
Have more doubts about Farm Equipment Finance? Get all your queries answered here.
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