Question

Who is eligible to get a tractor loan?
ट्रैक्टर के लिए ऋण प्राप्त करने के लिए कौन योग्य है ?
(A) A farmer having farm work of 200
hours per year
(B) | A farmer having farm work of 400 hours per year



{C) A farmer having farm work of 500 hours per year
D) farmer having farm work of 1000 hours
​

Answer 1

Answer:

A FARMER WITH 200 WORKING HRS

Answer 2

The farmer having farm work of 1000 hours is eligible for getting tractor loans

Option D

Explanation:

• The procedure for obtaining tractor loan the  applicant needs to be at least 18 years of age to avail a tractor loan.
• The maximum age of the applicant, as on the date of funding, will have to be 60 years. The minimum annual income of the applicant should be Rs. 1,50,000.
• There are many banks and other financial institutions that offer  easy and hassle free Tractor Loans. The Loan amount will cover the cost of tractor, accessories, implements, insurance and registration expenses

To know more about tractor loan

Maximum Loan Amount that can be given for purchase of Second-hand Tractor is ____________

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