Mahindra · Tractor
Mahindra 575 DI XP Plus
- Engine
- 2979 cc
- Cylinders
- 4
- PTO power
- 42 HP
Subsidy up to ₹3.47 lakh
Representative photoTractor
A popular, simple-to-repair 48–50 HP tractor for all-round tillage and trolley work.
Subsidy up to ₹3.44 lakh
Source: tractorjunction.com
Price source: tractorjunction.com
Rule applied: SMAM — Tractor 2WD above 40 and up to 50 PTO HP. Guidelines 2025 (PDF)
Tractors above 40 PTO HP are mostly funded through custom hiring centres; the quota for individual farmers is small.
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.
Indicative rates: public-sector banks about 9–12%, finance companies about 11–18% a year. Get the final rate from the lender.
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