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IND Krishi Vaahan

Fixed-rate term finance for tractors and farm machinery used in custom-hiring agricultural support services, with , net-worth, productive-hours and conditions.

Interest rate12.00% p.a. fixed.Maximum amount₹10 lakh per unit.TenureTerm-loan maximum five years; custom-hiring repayment is set monthly from cash flow and DSCR.
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Quick eligibility check

IND Krishi Vaahan

0 of 9 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: the applicant must demonstrate at least 1,000 productive agriculture hours per year under custom hiring and first-applicant net worth of ₹5 lakh?

Published source: Minimum income

2Do you meet this requirement: Individuals and farmers undertaking custom-hiring agri support services with at least 1,000 productive agriculture hours per year?

Published source: Eligibility

3Do you meet this requirement: first applicant net worth at least ₹5 lakh, machinery in first applicant's name and CIBIL score at least 730?

Published source: Eligibility

4Do you meet this requirement: Application/KYC, CIBIL and net-worth evidence, tractor/machinery ownership and quotation, custom-hiring work plan, hypothecation and mandatory CGFMU coverage records?

Published source: Required documents

5Do you meet this requirement: At least 1,000 productive agriculture hours per year under custom hiring?

6Document checkDo you have this required document or proof: Application and KYC?

Published source: Required documents

7Document checkDo you have this required document or proof: CIBIL and net-worth evidence?

Published source: Required documents

8Document checkDo you have at least one of these required documents: Ownership/quotation for tractor or machinery?

Published source: Required documents

9Document checkDo you have this required document or proof: Custom-hiring activity and productive-hours plan?

Published source: Required documents
0 of 9 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byIndian Bank

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeFixed-rate term loan for tractors and machinery used in custom-hiring agricultural support services.View source
The page describes tractor finance under custom-hiring agri support services and lists term loan.
Source
IND Krishi Vaahan — Indian Bank
Page / section
Objective; type of facility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rate12.00% p.a. fixed.View source
The official page states 12.00% fixed.
Source
IND Krishi Vaahan rate
Page / section
Rate of Interest
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkFixed 12.00% rate; no benchmark or spread applies on the published page.View source
The rate is expressly fixed, so no floating benchmark is published.
Source
Indian Bank IND Krishi Vaahan benchmark
Page / section
Rate of Interest
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR percentage is published.View source
The page publishes fixed interest but no calculation.
Source
Indian Bank IND Krishi Vaahan review
Page / section
Complete product criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeNo salary-income threshold is published; the applicant must demonstrate at least 1,000 productive agriculture hours per year under custom hiring and first-applicant net worth of ₹5 lakh.View source
The page publishes productive-hours and net-worth tests instead of a salary floor.
Source
Indian Bank IND Krishi Vaahan eligibility review
Page / section
Eligibility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amount₹10 lakh per unit.View source
The official quantum row states maximum ₹10 lakh per unit.
Source
Indian Bank IND Krishi Vaahan quantum
Page / section
Quantum of Finance
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureTerm-loan maximum five years; custom-hiring repayment is set monthly from cash flow and DSCR.View source
The page publishes five-year maximum term and cash-flow/-based custom-hiring repayment.
Source
Indian Bank IND Krishi Vaahan repayment
Page / section
Repayment Period
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing fee₹2,500 per unit (fixed).View source
The official page states ₹2,500 per unit fixed.
Source
Indian Bank IND Krishi Vaahan fee
Page / section
Processing Charges
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNo separate prepayment or foreclosure charge is published.View source
The page publishes rate and processing fee but no foreclosure charge.
Source
Indian Bank IND Krishi Vaahan prepayment review
Page / section
Complete product criteria
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
EligibilityIndividuals and farmers undertaking custom-hiring agri support services with at least 1,000 productive agriculture hours per year; first applicant net worth at least ₹5 lakh, machinery in first applicant's name and CIBIL score at least 730.View source
The published eligibility rows provide the activity, net-worth, ownership and tests.
Source
Indian Bank IND Krishi Vaahan eligibility
Page / section
Target Group; Eligibility
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Required documentsApplication/KYC, CIBIL and net-worth evidence, tractor/machinery ownership and quotation, custom-hiring work plan, hypothecation and mandatory CGFMU coverage records.View source
The page requires machinery ownership, eligibility evidence and hypothecation with coverage.
Source
Indian Bank IND Krishi Vaahan documentation
Page / section
Eligibility; security norms
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Maximum ₹10 lakh per unit
  • 12.00% fixed interest rate
  • ₹2,500 fixed processing charge per unit
  • Five-year maximum term-loan repayment
  • Mandatory coverage and no separate guarantee

Eligibility

  • At least 1,000 productive agriculture hours per year under custom hiring; first applicant net worth at least ₹5 lakh; tractor/machinery must be in first applicant's name; CIBIL score at least 730.
  • Margin is 20%–30% based on and land holdings; repayment also considers cash flow and .

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Application and
  • and net-worth evidence
  • Ownership/quotation for tractor or machinery
  • Custom-hiring activity and productive-hours plan
  • and hypothecation documents

Related official documents

IND Krishi Vaahan — Indian Bank official product pageofficial-product-page · current · accessed 31 Aug 2026
↗

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Loan repayment estimate

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One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Eligibility · Published detail1,000 productive agriculture hours/year; first-applicant net worth ₹5 lakh; machinery in first applicant's name; ≥730.

This value is copied from IND Krishi Vaahan — published terms. Check the table notes before relying on it.

Source: IND Krishi Vaahan — Indian Bank · Complete product criteria Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 9 rows · 2 columnsIND Krishi Vaahan — published termsCurrent Indian Bank custom-hiring tractor/machinery finance terms.View tableHide table

Scroll sideways to view every column

IND Krishi Vaahan — published terms
ParameterPublished detail
Eligibility1,000 productive agriculture hours/year; first-applicant net worth ₹5 lakh; machinery in first applicant's name; ≥730.
Facility / purposeTerm loan for tractors under custom-hiring agri support services.
QuantumMaximum ₹10 lakh per unit.
Margin20%–30% based on and land holdings.
Rate12.00% fixed.
Processing fee₹2,500 per unit fixed.
RepaymentMaximum five years; custom-hiring instalment set monthly from cash flow and .
SecurityHypothecation of machinery/assets; mandatory coverage; no separate guarantee.
SubsidyNone published ().
IND Krishi Vaahan — Indian Bank · Complete product criteria · accessed 31 Aug 2026Open official source ↗

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