How to Choose the Right Tractor as Per Your Farm Size

Tractors are considered to be one of the most valued possessions for any farmer. As India has a vast and distinct agricultural sector, tractors have a crucial role to play. They help the farmers to increase their crop production and reduce the labor-intensive work. Therefore, it becomes vital for farmers to invest their hard-earned money on the right tractor. Today, getting tractor loan finance is easy due to the various schemes offered by the Government of India. Also, the tractor loan interest ratesoffered by non-banking financial companies like Mahindra Finance are quite affordable, making it simpler for farmers to repay in Equated Monthly Installments (EMIs). However, choosing the right tractor is essential.

Here is a list of factors to consider while buying a tractor:

1.Usage 

Before purchasing a tractor, farmers should jot down the tractor’s use based on their work requirements. It is because there are different types of tractors that are used for a variety of tasks. One thing that you should keep in mind is that every crop requires different tools for harvesting. Select the type of tractor based on the crops you grow.

2. Farm area 

Considering your agricultural land size is one of the most important aspects to keep in mind while selecting a tractor. A farmer will have to purchase a tractor with a powerful engine if the farm area is considerably large. He will have to buy a tractor of 85-450 horsepower based on the land’s size. For a farm area of around half an acre, farmers can purchase compact tractors that generally have 25-45 horsepower. Farmers can opt for a utility tractor with 45 to 85 horsepower if they have a land size of 10 acres or more.

3. Mileage

Mileage is one factor that can highly influence the decision while purchasing a tractor. A tractor with great mileage helps the farmers to save a considerable amount on fuel every month.

4. Cost of maintenance and spare parts

It is advisable to consider theexpenses related to maintenance and spare parts. A tractor should be a valuable asset andnot a liability. Therefore, before buying a tractor, it is essential to ascertain the after-sales cost.

5. Price

Deciding the budget is vital as different types of tractors are available with various features and prices. Comparing the features and price is essential before coming to a decision.

If you are falling short of funds, you  opt for a tractor loan from Mahindra Finance. The lender requires minimal tractor loan documents. Moreover, it has simple tractor loan eligibility criteria.  So, without any delay apply for a loan now!