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Magma Tractor Loans Eligibility

AGRICULTURAL SCHEME
  • Minimum of 2 acres of land ownership required
  • Guarantor required
  • Tractor Loans are disbursed based on land holdings -the higher the land holding, the higher the loan amount
TATKAL SCHEMES
  • No guarantor required
  • No land ownership documents required
COMMERCIAL USE SCHEME
  • Property ownership documents required
  • Residence stability of 3 years required
  • Guarantor required