A tractor loan can be applied for by individuals or businesses involved in agriculture or related activities. Financial institutions like IFFCO Kisan Finance make it easier for eligible applicants to get quick financial support for purchasing new or used tractors.
Eligible applicants usually include:
Eligible applicants usually include:
- Farmers (individual or joint landowners)
- Tenant farmers or sharecroppers
- Agri-entrepreneurs and rural business owners
- Farmer Producer Organizations (FPOs)
- Small and medium agricultural contractors
- Rural transport or supply chain operators (in some cases)