Farm equipment finance
Rural Finance sector, supports rural/agriculture entrepreneurs by providing them, easy access to finance in order to acquire/purchase agricultural/farming equipment. That too in flexible terms which eventually could help customers adjust their payment cycles to match crop patterns. So this will in returns also help the lender to get its repayment back fully in time. It is more of win-win situation for both lenders and borrowers.
Financing of tractors/equipment of all manufacturing brands.
Finance for user equipment/tractors also available.
Loan tenure upto 6 year.
Customized repayment option based on harvesting patterns.
Easy repayment mode.
Quick and easy disbursement.
Who Can apply
Age requirement: 18 years - 65 years.
Income requirement: Articulated with the size of landholdings and per acre yield.
6 month bank statement of the farmer.
PAN card of the company.
PAN card of the Promoters/Directors.
Business registration document.
Company address proof.
3 years balance sheet, P&L with audit report.
1 year loan schedule statement of any on-going or previous loan if any.
3 years I.T.R of the company.