Farm Equipments Loan in Ahmedabad: India is an Agricultural country. It stands second in agricultural business all over the world. Every city in India is very well developed and advanced in agricultural business. So is the city of Ahmedabad. Farming equipments Loan in Ahmedabad play a very important role in the optimum functioning of the farms. To help and get these in the fastest possible way, banks offer funding with a customised repayment option based on harvest patterns .
Farm Equipments Loan in Ahmedabad
You can buy farming equipments such as new tractors, tractor attachments, trailers, harvesters, grain bins, farm trucks, farm and home improvements and other farming accessories and implements through farm equipment loans.
1. You can avail farm equipments loan for the following
☞• New or old equipment
☞• Top up on existing loans
☞• Balance transfer of loans
2. Farm equipment loans in Ahmedabad are offered @ 11.75% onwards. This solely depends in the bank norms and customers profile.
3. Margin of farm equipments loan is minimum 15 %. Collateral is to be provided against the loan which should be 100% of the loan value.
4. 0.50% of the loan amount is the processing fees charged.
5. Quick sanction and hassle free disbursement of your loan file once the documentation part is complete.
6. You farm loan and accessories are fully insured by the banks now a days. In case of any mishap full recovery is done.
7. You can repay your loan via PDC’s in the form of Equated monthly instalments or customized repayment options are offered based on the harvest patterns.
• Address Proof
• Passport sized Photographs
• Signature Proof
• Identity proof
• Age Proof Certificate
• Bank statement past 6 months
• Nativity Proof / Domicile
• Security Cheques
• Land ownership documents
• Simple and easy to apply Farm Equipment Loans can be availed very easily. Just log in to our website letzbank which is an online portal where all kinds of farm equipment loan queries can be addressed through a single window.
• You can choose from two options
☞Agri Machinery Tractor
☞Agri Machinery Farm Equipment
• On the website all you will be required to do is to fill in and submit a simple online application format.
• After submitting your application online our customer care executive will connect with you and help you in getting the best farm equipment loan in your city - Ahmedabad.
• Letzbank offers “Services 100% free of cost ” to all our customers who submit applications online.