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Primary Cooperative Agriculture and Rural Development Bank: For Tractor Purchase

State/ UTTamil NaduAgriculture, Rural & EnvironmentBanking, Financial Services and Insurance

The scheme offers a specialized loan for farmers to purchase tractors, covering up to 90% of the tractor's cost.

Department
Co-operation, Food and Consumer Protection Department
Who it is for
Individual

About PCARDFTC

The "Primary Cooperative Agriculture and Rural Development Bank: For Tractor Purchase" scheme launched by the Co-operation, Food and Consumer Protection Department, Tamil Nadu, aims to provide financial assistance for acquiring tractors, covering up to 90% of the tractor's cost. The interest rate ranges from 11% to 12.25%, subject to market conditions.


Benefits

  • Access to Loan: Covers up to 90% of the tractor cost. - Interest Rate: 11% to 12.25% (subject to change).

Who can apply (eligibility)

  1. The beneficiary should be a resident of Tamil Nadu.
  2. The beneficiary should be a farmer.
  3. The beneficiary should be engaged in agriculture activities.
  4. The beneficiary should have the intention to use the loan specifically for purchasing Tractor.

Exclusions


How to apply

Offline application

Step-1: The interested applicant should collect the application form by contacting the Secretary/ Special Officer of the Primary Cooperative Agriculture and Rural Development Bank.

Step-2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).

Step-3: Submit the duly filled and signed application form along with the documents to the concerned authority.

Step-4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, a unique identification number (if applicable).

Official links and guidelines

Scheme details can change. Verify eligibility, amounts and deadlines on the official portal or at your local agriculture office before applying. Content is compiled from official government sources (myScheme, Government of India). Last synced 2 Oct 2026.

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