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Tractor Farm Equipment Finance Eligibility

Nature of work

Nature of Business

Farming & Agriculture related businesses

Age

Age

18 to 70*
(The applicant should not be older than 70 years at the end of the loan tenure)

Documents Required

Availing a Tractor and Farm Equipment Finance from Shriram is a hassle-free process by providing us with the following documents

Photo Identity

Photo Identity Proof

Aadhaar Card, Passport or Driving License along with the latest passport-size photographs

Eligibility PAN

Address Proof Document

Aadhaar Card, Passport, Driving License, Gas Connection Card, Water Bill, Prepaid Mobile Bill or Telephone Bill

Money pack

Income Proof Document

Last three month's bank statement, Income Tax Returns (ITR), Audited company accounts of last financial year or cash flow statement.

Money Disbursement

Asset Related Documents (Pre-Sanction)

Proforma invoice and margin money receipt for a new asset, sale deed for used asset purchase, valuation report in case of used asset, registration certificate (RC) for used asset, original invoice for non – registerable asset, comprehensive insurance policy.

Money Disbursement

Asset Related Documents (Post-Disbursement)

Original invoice for a new asset with hypothecation in favour of company, registration certificate and hypothecation in favour of Company or insurance policy hypothecation in favour of company

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FAQs

Who can apply for Shriram Tractor and Farm Equipment Finance?

New customers, small Farmers, people with farming/agriculture related background are eligible to apply for the loan.

How to apply for Tractor and Farm Equipment Finance in Shriram?

You can call our toll-free number 18001034959 or walk to your nearest Shriram branch to apply for a loan. Our team will guide you through the process.

 

Easy & Quick Disbursals on Tractor & Farm Equipment Finance