Approximately 60% of Indians depend on agriculture for their livelihood. Unfortunately, the contribution of agriculture to the Gross Domestic Product (GDP) is declining. Farmers often are unable to sustain themselves due to bad weather even after putting in all the hard work.
Working on the fields is one of the toughest jobs, and when the crop fails, nothing can be more disheartening. Technological advancement, which involves providing high-end equipment like tractors, can help reduce farmers’ efforts.
India is one of the biggest markets for tractors in the world. Several leading brands offer high-quality tractors to aid farmers inincreasing their productivity and lowering their manual attempts.
Until recently, small farmers were unable to afford to buy farming equipment. However, the easy availability of tractor finance makes it possible for almost every farmer to purchase one. Additionally, some reputed brands provide tractors that cater to the financial situation of individual farmers.So, they can easily buy tractors of their choice.
Top five tractors in India
- Massey Fergusson 1035DI
It is popular for its comfort and easy-to-use features. The tractor is equipped with high engine power and hydraulic capacity to complete cumbersome jobs without difficulty. It comes with three cylinders, 2400 CC capacity, and a 47-liter fuel tank capacity.
- Mahindra 575DI
The 45HP tractor has a four-cylinder engine with a 2730CC capacity. It is an economical option for farming use and is designed based on the diverse requirements of agricultural activities. The tractor works with a rotavator, cultivator, and plow.
- John Deere 5310
It is a superior 65HP tractor with three cylinders, 2900CC capacity, and a 68-liter fuel tank capacity. This tractor comes with power-steering and is fitted with Ballast Weight, Wagon Hitch, Canopy holders, Drawbar, and Tow Hooks. Although the price is on the higher end, you can buy it with a tractor loan.
- Swaraj 744FE
The 48HP Swaraj 744FE is equipped with eight forward and two reverse gears. The three-cylinder 3136CC capacity tractor is fuel-efficient and offers the option of dry disc brakes along with oil-immersed brakes.
- Eicher 380
This stylish 40HP tractor has a three-cylinder engine with 2500CC capacity. With modern technology, it provides dry disc brakes along with oil-immersed brakes and eight forward and two reverse gears.
To know about theupcoming tractors in 2021, you can look online.
Benefits of tractor loans
Financial institutions offer funding with flexible repayment tenure and minimal requirements for tractor loan documents.
You can apply online or offline at your convenience. Lenders do not require mortgaging your land, and you can borrow the amount with a minimum down payment at affordable tractor loan interest rates.
Apply for monetary assistance from Mahindra Finance and upgrade your agricultural operations. Visit its website now!