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Primary Cooperative Agriculture and Rural Development Bank: For Tractor Purchase

The scheme offers a specialized loan for farmers to purchase tractors, covering up to 90% of the tractor's cost.

Last verifiedToday

About This Scheme

The "Primary Cooperative Agriculture and Rural Development Bank: For Tractor Purchase" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide financial assistance for acquiring tractors, covering up to 90% of the tractor's cost. The interest rate ranges from 11% to 12.25%, subject to market conditions.

Benefits

Access to Loan: Covers up to 90% of the tractor cost. - Interest Rate: 11% to 12.25% (subject to change).

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

  • Identity proof (Aadhaar, PAN card, etc.).
  • Address proof.
  • Proof of Land Ownership or Lease.
  • Tractor Purchase Invoice/Quotation
  • Any other documents (if required).

✦ Required ◦ Optional

How to Apply

IIn-person