Used Tractor
For farmers, contractors and rural entrepreneurs buying a used tractor for their own farm or to hire out.
Built around your harvest
Choose monthly, quarterly or half-yearly repayments to match your farm income.
A little support. A bigger tomorrow.Your next vehicle.
Your next vehicle.
A new beginning.
Finance for your business, with you at the centre.
Quality used vehicles and equipment. Clear terms. No hidden charges.
✓ Clear charges✓ Flexible repayments
Clarity at every step
Your Key Fact Statement explains the EMI, APR and charges in a language you understand.
TRACTOR VALUE FINANCEDUp to 95%For your next big step
REPAYMENT TENURE12–84 monthsFind a term that fits
FLEXIBLE EMIsYour harvest. Your schedule.Monthly · Quarterly · Half-yearly
TYPICAL DECISION3 working daysMove forward with confidence
Subject to credit assessment and DHANRISE Finance’s terms and conditions. Customer visuals are illustrative.
OUR LOANS
Explore Our Products
Interest from 16% to 24% p.a. and a processing fee of up to 2.5% + GST on all three loans.
Used Commercial Vehicle
For transporters and small fleet owners buying a used truck, pickup or other goods vehicle.
Used Construction Vehicle
For contractors buying used construction equipment such as an excavator or backhoe loader.
ROOTED IN YOUR WORLD
Finance built for rural India
DHANRISE Finance is a Non-Banking Financial Company registered with the Reserve Bank of India. We price your loan on your actual cash flow, not just on paperwork.
Fair & transparent
We follow RBI's Fair Practices Code. Every rate and charge is disclosed upfront, with no surprises later.
Made for farm incomes
EMIs can be monthly, quarterly or half-yearly, so repayments can follow your harvest cycle.
Respectful service
Our staff treat every customer with courtesy. We never use harassment or intimidation to collect dues.
Every detail, upfront
You get a Key Fact Statement and a sanction letter in a language you understand before you sign.
A SIMPLE START
Loan eligibility criteria
Choose a loan to check if you qualify before you visit a partner centre.
Interest rate16% – 24% p.a.based on your credit assessment
Loan amount₹1 lakh – ₹10 lakhminimum to maximum
Tenure12 – 84 monthsrepayment period
Loan to value (LTV)Up to 95%of valuation or transaction value, whichever is lower
| Minimum income | ₹3 lakh |
|---|---|
| Repayment frequency | Monthly, quarterly / structured quarterly, or half-yearly / structured half-yearly |
| Processing feeOf the loan amount, plus applicable GST | Up to 2.5% |
Interest rate16% – 24% p.a.based on your credit assessment
Loan amount₹1 lakh – ₹20 lakhminimum to maximum
Tenure12 – 84 monthsrepayment period
Loan to value (LTV)Up to 95%of valuation or transaction value, whichever is lower
| Minimum income | ₹3 lakh |
|---|---|
| Repayment frequency | Monthly |
| Processing feeOf the loan amount, plus applicable GST | Up to 2.5% |
Interest rate16% – 24% p.a.based on your credit assessment
Loan amount₹5 lakh – ₹50 lakhminimum to maximum
Tenure12 – 84 monthsrepayment period
Loan to value (LTV)Up to 95%of valuation or transaction value, whichever is lower
| Minimum income | ₹10 lakh |
|---|---|
| Repayment frequency | Monthly |
| Processing feeOf the loan amount, plus applicable GST | Up to 2.5% |
Co-applicant and guarantorApplies to all three loans
- A co-applicant is required if you do not meet the income, age, business vintage or credit bureau requirements on your own. In other cases, we may ask for one at our discretion.
- A co-applicant is jointly and severally liable, which means they are equally responsible for repaying the whole loan.
- Co-applicants and guarantors go through the same KYC and credit bureau checks as you.
- Where a guarantee is taken, it is unconditional and continuing. Every guarantor is counselled separately and signs the guarantee documents to confirm they understand their liability.
Policy text: A co-applicant (jointly and severally liable) shall be mandatory where the primary applicant does not independently meet income, age, vintage or credit bureau thresholds, and may be taken as an additional risk mitigant in all other cases at the discretion of the sanctioning authority. A co-applicant/guarantor shall be subject to the same KYC and CIC-check requirements as the primary applicant. Guarantees, where taken, shall be unconditional and continuing, and guarantors shall be independently counselled and made to sign the guarantee documents in acknowledgement of their liability, in line with fair practices requirements.
FROM PLANS TO POSSIBILITIES
Four steps. One new beginning.
From tractor to keys in four simple steps.
Check eligibility
01Share your basic details at the centre or through our form. With your consent, we run KYC and a quick credit check.
Get your offer & KFS
02We explain your loan amount, EMI, interest rate, APR and every charge. You get a Key Fact Statement to read before you agree.
Verification
03We may verify your application, which can include a short visit to your home. Our staff always carry an ID card and an authorisation letter.
Sign & take delivery
04Sign the agreement, physically or digitally. The loan is paid to the seller or your bank account, and you get a copy of every signed document.
NOTHING HIDDEN
Fees & charges
The same rates and charges apply to all three loans. We will never charge you anything that is not listed here and in your Key Fact Statement.
Rate of interest
per annum, based on your credit assessment
16% – 24%
Processing fee
of the loan amount + applicable GST
Up to 2.5%
Stamp duty
as per state law
At actuals
Penal charges
for delayed payments, never added to interest
Other charges
as approved by our Board
APR
includes interest and all fees
In your KFS
LET’S GROW TOGETHER
Ready to apply or ask us anything?
Leave your details and one of our loan officers will call you within one working day. It doesn't affect your credit score.