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Charges TypeDetails
Documentation Charge/ Processing FeeUp to 2 % of the loan amount + applicable taxes
Prepayment/ Foreclosure Charges2% of principal outstanding + applicable taxes
Valuation ChargesAs per actuals
Penal Charge/Late Payment Charge (LPC)2% per month (p.m.) on overdue EMI + applicable taxes
*LPC revised from 3% to 2% per month on overdue EMI w.e.f. 4th Dec 2023
*Taxes applicable on LPC w.e.f. 1st April 2024
Repayment/EMI mandate Bounce Charges
Charges in Loan sanction amount in
500< 5 lacs
10005 – 50 Lacs
1500> 50 Lacs – 2 Cr
2000> 2 Cr
Legal /Recovery /Repo /Parking & other Charges As per actuals
RC Non submission Charges 1000/-
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 KitNil

Finance your aspirations today!

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Agri Business Loans For You.

New Tractor

New Tractor

Get easy finance on purchase of your new tractor.

Kisan Suvidha Loan (Top Up Loan)

Kisan Suvidha Loan (Top Up Loan)

Avail a pre-approved Top-up loan to fulfill all your financial needs

Kisan Samridhhi Loan (Implement Loan)

Kisan Samridhhi Loan (Implement Loan)

Get a Pre-approved loan for purchase of agricultural implements.

Refinance Loan

Refinance Loan

Get a Pre-approved refinance loan for purchase of agricultural equipment's.

Used/Pre-owned Tractor Loan

Used/Pre-owned Tractor Loan

Get easy finance on purchase of your second hand tractor.

Apply With Ease

  • Applicant KYC

    Applicant to click selfie and upload Aadhaar and PAN

  • Dealer & Asset Details

    Click front, back and chassis plate of asset

  • Co-Applicant Details

    Co-Applicant details req. only in case of female or if applicant >60 yrs.

  • Review & Loan Details

    Disb. details along with loan breakup desplayed for applicant to confirm

  • E-Sign & Mandate

    E-Sign and mandate registration

Do More With

Farm Equipment Finance!

  • Purchase of New Tractor
  • Purchase of Agriculture Implement
  • Working Capital Requirements
  • Capital Expenditure
  • Purchase of Second hand Tractor
SME Loan

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.

LTFS Two Wheeler Loan

Equipment's like Rotavator, Cultivator, Trailer, Trolly, Thresher, Bailer, Harvester are used for various farming operations. Avail an Implement loan to fund purchase of agricultural Implements with Farm Equipment Finance.

LTFS Two Wheeler Loan

Avail a Kisan Suvidha top-up loan to cover your labour & operational costs like buying fertilizers, seeds, insecticides & agricultural tools.

LTFS Two Wheeler Loan

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.

LTFS Two Wheeler Loan

Second-hand tractor helps farmers to save money & reduce operational cost . Get a second-hand with ease through a Used Tractor Loan.

Our Achievements

Our Achivements
Our Achivements

Farm Equipment Finance

Farm Equipment Finance

  • Tractor Loan Disbursements Up By 26% QoQ in Q1 FY25
  • Book Value Increased By 8% To 13,799 Crores.

Empowering Your Goals.

Farm Equipment Finance

Farm Equipment Finance

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.

Mr. Dhanveer Singh (Madhya Pradesh)
Farm Equipment Finance

Farm Equipment Finance

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)
Farm Equipment Loan

Farm Equipment Loan

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.

Arun Rajput (Madhya Pradesh)

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Two-Wheeler Finance

Two-Wheeler Finance

Apply for a Two-Wheeler loan with minimal documentation.

Frequently Asked Questions

Have more doubts about Farm Equipment Finance? Get all your queries answered here.

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Know More About Farm Equipment Finance!

Blogs & Videos

Tips to Get the Best Tractor Loan Interest Rates

Tips to Get the Best Tractor Loan Interest Rates

Tips to Get the Best Tractor Loan Interest Rates

Jan 25, 2024
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Tips to Get the Best Tractor Loan Interest Rates

Know More
Top 6 Benefits of borrowing a tractor loans for farmer

Top 6 Benefits of borrowing a tractor loans for farmer

Top 6 Benefits of borrowing a tractor loans for farmer

Dec 22, 2022
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Top 6 Benefits of borrowing a tractor loans for farmer

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All you need to know about machinery loan interest rate

All you need to know about machinery loan interest rate

All you need to know about machinery loan interest rate

Dec 22, 2022
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All you need to know about machinery loan interest rate

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Here is Everything you need to know about Tractor loan

Here is Everything you need to know about Tractor loan

Here is Everything you need to know about Tractor loan

Dec 22, 2022
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Here is Everything you need to know about Tractor loan

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Here's everything you must know about tractor finance

Here's everything you must know about tractor finance

Here's everything you must know about tractor finance

Dec 22, 2022
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Here's everything you must know about tractor finance

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Two-Wheeler Finance

Bring home the convenience of a two-wheeler ride!

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SME Loan

Expand your business with customised financial solutions.

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Get a micro loan to fulfil each and every goal.

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Kalina, Santacruz (E), Mumbai 400 098

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