Agriculture Equipment Finance | L&T Finance Offers Finance for Agri Equipment
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Agriculture Equipment Finance

L&T Finance Offers Finance for Agri Equipment

Farming equipment play a very important role in the optimum functioning of your farms. To help you get these in the fastest possible way, we offer funding with a customised repayment option based on harvest patterns.

FeaturesFinancing available for all categories of farm equipment across manufacturers
Loan tenure up to 7 years
Loan available for low land holding borrowers
Financing available for income generating assets for rural as well as urban entrepreneurs
Technology driven processes
Transparent processes with no hidden charges
AdvantagesCustomised repayment option based on harvest patterns
Tie-ups with all major manufacturers across makes and models
Attractive schemes to suit your needs
Faster sanction and disbursement of loan
Personalised customer service
Multiple modes of repayment
Simple documentation
Competitive processing charges
Strong presence in semi-urban and rural India
Insurance cover available at attractive rates
Eligibility CriteriaMinimum age requirement: 18 years
Maximum age requirement: 65 years
Income level requirement: Articulated with the landholdings and its yields
Any other requirements: KYC needs
DocumentsFor Farmers:
Income Proof- As per submissions made at the time of FI
Bank Statements- For past 6 months
Other Documents- Agricultural land document

For Others:
Income Proof- As per submissions made at the time of FI
Bank Statements- For past 6 months
Other Documents- Work Order / Work Contract

ID Proof: Passport / Voter's ID card / Driving License / PAN card / Self-affidavit with photograph of customer and signature across duly notarised / Aadhaar card

Age Proof: Passport / Voter's ID card / Driving License / PAN card / Aadhaar card

Address Proof: Valid passport / Latest telephone bill (landline) / Latest electricity bill / Latest bank statement

Other Documents: Land documents / Photocopies for non-mortgage and originals for mortgage / ECS application form / Cheques (PDC, Part PDC)
Fees & ChargesFees & charges are in line with market norms and as per eligibility of specific cases.

For more details about Agriculture Equipment Finance visit:
http://www.ltfinance.com/products/rural-loans-microfinance/other-farm-equipment-loan.aspx

Source: http://www.ltfinance.com/