Tractor and machine loan instalment
Change the price, down payment, rate and years. Many banks also take half-yearly instalments timed to harvest.
What rate to expect
Comparison sites in October 2026 put public-sector banks at about 9–12% and finance companies at about 11–18% a year. This is an estimate — get the rate in writing from your lender.
KCC and tractor loans
The Kisan Credit Card rate of 7% (4% with prompt repayment) is for crop loans. A tractor is a term loan, so it usually doesn’t get that rate.
Subsidy and the loan
Individual subsidy arrives after purchase and verification, so you pay the full price first. Ask your bank whether the subsidy can go against the loan when it arrives.