Tractor & Farm Equipment Finance
Empowering farmers with easy financing for a more productive tomorrow.
Overview
IndoStar helps farmers and agri-entrepreneurs buy new and used tractors and implements. Repayments can follow your harvest cycle — monthly, quarterly or half-yearly.
No Land Mortgage
Get your tractor loan without mortgaging your agricultural land.
Harvest-Linked Repayment
Choose EMIs that match your crop income cycle.
Features & Benefits
- New and used tractor finance
- Funding for harvesters and implements
- No land mortgage required
- Flexible repayment frequency
- Local language support at branches
- Quick valuation
Eligibility Norms
- Farmers, agri-contractors and rural entrepreneurs
- Age 21 to 65 years at loan maturity
- Proof of agricultural or allied income
Documents Required
KYC Documents
- PAN card
- Aadhaar card / voter ID / passport
- Recent passport-size photographs
- Address proof (utility bill or rent agreement)
Income Documents
- Last 6 months' bank statements
- ITR / GST returns where available
- Existing transport contracts or work orders (if any)
Vehicle Documents
- Proforma invoice (new vehicle)
- RC, insurance and fitness certificate (used vehicle)
- Valuation report arranged by IndoStar
Apply In Simple Steps
Share Your Details
Fill the enquiry form, call 022-50799503 or message us on WhatsApp.
Quick Evaluation
Our branch officer visits you, checks the vehicle and collects KYC documents.
Sanction & Disbursal
Get your sanction and disbursal quickly, with EMIs matched to your earnings.
Interest Rates & Fees
- Interest rates are determined by the applicant's profile, vehicle type, age and tenure, as per IndoStar's interest rate policy.
- Processing fees, documentation charges and other applicable charges are disclosed upfront in the sanction letter.
- Please refer to the Statutory Disclosure page for the schedule of charges and interest rate policy.
Frequently Asked Questions
How quickly can my vehicle loan be disbursed?
Once documents and vehicle evaluation are complete, most loans are sanctioned and disbursed within a few working days.
Can I apply if I am a first-time buyer?
Yes. IndoStar finances first-time buyers and first-time users, assessing your earning potential and local references.
Can I get a tractor loan without land mortgage?
Yes. IndoStar tractor loans do not require you to mortgage your land.