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Mahindra24 HP

Tractor

Mahindra JIVO 245 DI

A 24 HP four-wheel-drive compact tractor for inter-row work in cotton, sugarcane and orchards.

₹5.33 lakh – 5.48 lakhIndicative ex-showroom, October 2026 · varies by state and variant

Subsidy up to ₹2.67 lakh

Key specifications

Power
24 HP
Engine capacity
1366 cc
Cylinders
2
PTO HP
22
Gears
8F + 4R
Lifting capacity
750 kg
Fuel tank
23 litre

Source: tractorjunction.com

Suited to

  • Vegetables
  • Orchards
  • Sugarcane
  • Cotton

Before you buy

  • Get the on-road price in writing (insurance, RTO and accessories are extra)
  • If you want subsidy, don’t buy until you are selected
  • Ask about warranty, the first three services and the nearest service centre

Price source: tractorjunction.com

Your subsidy on this machine

Who is buying?
Estimated subsidy₹2,66,53750% of ₹5,33,074 (cap ₹3,00,000)You pay ₹2.67 lakh

Rule applied: SMAM — Tractor 2WD above 20 and up to 40 PTO HP. Guidelines 2025 (PDF)

The subsidy reaches your bank account (DBT) after purchase and verification. Buy only a tested machine from a dealer listed by your state. If applications exceed the target, an online lottery decides.

How to apply in Uttar Pradesh

  1. Register as a farmer on the UP Agriculture Department portal (agriculture.up.gov.in / agridarshan.up.gov.in) with Aadhaar, mobile number and bank account
  2. When a booking window opens, go to 'Kisan Corner' > 'Yantra Booking Prarambh' on agridarshan.up.gov.in
  3. Choose the machine and generate a booking token (one token per mobile number); pay the refundable security deposit online
  4. Wait for selection (the 2026 window was announced first-come-first-served; earlier rounds used e-lottery)
  5. After selection, buy from an empanelled dealer within the deadline and upload the bill, machine photo and serial number
  6. After physical verification the subsidy is credited by DBT

Open state portal: agridarshan.up.gov.in

Instalment if you take a loan

Indicative rates: public-sector banks about 9–12%, finance companies about 11–18% a year. Get the final rate from the lender.

Monthly instalment₹9,272or every six months ₹56,577Loan ₹4,26,459 · total repaid ₹5,56,335 · interest ₹1,29,876

Similar machines

Mahindra JIVO 245 DI₹5.33 lakh – 5.48 lakh

Get a price from a dealer near you

No charge to farmers.