What is the interest rate for a new tractor loan in India?

iffcokisanfinance

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Oct 24, 2025
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The interest rate for a new tractor loan in India generally depends on factors such as the applicant’s credit profile, loan amount, and repayment tenure. At IFFCO Kisan Finance, the rates are designed to be farmer-friendly and affordable, helping you invest in modern farming equipment without financial stress.


Typically, interest rates for new tractor loans range between 8% to 14% per annum, depending on your eligibility and loan terms. IFFCO Kisan Finance also offers flexible EMIs, quick approvals, and minimal documentation, making it easier for farmers to upgrade their agricultural machinery with ease and confidence.