AFL Latest News
  • Autotrac Finance Limited (“AFL”), a 100 % owned subsidiary of International Tractors Limited . |
  • Autotrac Finance Limited (“AFL”) is rated AA+ by ICRA. |
  • New sheme launch for retail tractor loan. |

A. No, the tractor loan will be made available without the mortgaging of land.

A. Flexibility: With minimal documentation
Reach: Strong network of branches in rural and semi-urban India
Speed: Loan approval within 2 working days

A. Yes. You can foreclose the loan any time after 6 months of taking the loan with a 5% prepayment fee on the outstanding loan amount.

A. For marginal loans we do not need a guarantor. However, for high-end loans, we would need a guarantor. Under Tatkal Express, a guarantor is not required.

A. Yes, we accept both SPDC’s and cash installments.

A. No. We would check for a minimum of 3 years of residence stability.

A. You can obtain your tractor loan through any Autotrac Finance branch. You can even apply online and we'll get in touch with you shortly.

A. The tractor loan amounts can be customized to suit your individual needs.

A. A minimum period of 1 year and a maximum period of 5 years.

A. This is zero down payment scheme. We are financing 100% LTV + insurance.

A. Sure. Tractor loans are disbursed based on land holdings and monthly income.

A. You need to have a bank account.