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Secure a top up loan for amount up to ₹ 3.5 Lakh with Kisan Suvidha Plus. We offer an annual interest rate starting from 7%* p.a.,with repayment options based on your crop cycles and harvesting schedules. Our transparent process ensures that there are no hidden charges, whether you need funds for equipment purchases or operational costs, this loan supports all your farming needs.

Pre approved loans

Kisan Suvidha plus is an additional top up on your existing KS Loan

Loan Offering

Get a personalised Loan offerings up to ₹ 3.5 Lakh*

Competitive Interest Rate

Repay your loan with EMIs, interest rate starting from 7%* p.a.

Loan Tenure

Flexible repayment option with a tenure from 12 to 60 months*

No Hidden Charges

Start to finish, our Loan has a transparent process

Minimal Documentaion

Our easy application process requires no physical documents

Faster Disbursement

Receive your loan amount within 48 hours* post sanction

Digital Journey

Our fully digital loan application process makes getting Kisan Suvidha Plus Loan quick and convenient

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EMI Calculator

Results generated by the calculator(s) are indicative in nature.

Preferred loan amount

1,00,000
3,50,000

Flat rate

%
10%
19%

Loan tenure (months)

12 months
60 months

Estimated EMI

per month
  • 36,690
  • Interest payable

    52,41, 690

Eligibility & Documents

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Eligibility

Age Requirement:

18 years to 65 years

Asset Age:

Maximum up to 10 years (at the end of loan tenure)

Top Up Eligibility:

As per your Kisan Suvidha Loan

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Documents

Identity Proof

PAN and any one of the following- Aadhaar Card| Driving License | Passport | Voter ID | Job card by NREGA | Letter issued by the National Population Register containing details of name and address

Address Proof

Utility bills (not older than 2 months) | Aadhaar Card | Driving License | Passport | Voter ID etc

Other Documents

ACH/ECS Mandate

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FAQs & Support

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Can I prepay my Kisan Suvidha Plus Top-up Loan?

Yes, you can prepay your Kisan Suvidha Plus Top-up Loan. However, a foreclosure charge of 2% of the principal outstanding plus applicable taxes will apply.

Who can avail of a Kisan Suvidha Plus Scheme?

The Kisan Suvidha Plus Loan is available to farmers and agricultural stakeholders with an existing Kisan Suvidha Loan with L&T Finance and can be used in areas where they require financial support to enhance their farming operations.

How long does it take to process the Kisan Suvidha Plus Loan?

The processing for the Kisan Suvidha Plus Loan is quick. The loan is sanctioned in 24 hours* and disbursed within 48 hours*, allowing farmers to access funds swiftly.

Can I use a Kisan Suvidha Plus Loan for agricultural purposes?

The Kisan Suvidha Plus Loan is intended specifically to fund agricultural activities and can be utilised for a variety of farming-related expenses.

What is the maximum tenure I can avail myself as a farmer?

The maximum tenure for the Kisan Suvidha Plus Loan is up to 60 months, allowing easy repayment.

Will there be a processing fee for Kisan Suvidha Plus Loan?

Yes, there is a processing fee for the Kisan Suvidha Plus Loan, which is up to 2% of the loan amount plus applicable taxes.

What are the fees and charges for the Kisan Suvidha Plus Scheme?

The fees and charges for the Kisan Suvidha Plus Scheme include:

Documentation Charge: Up to 2% of the loan amount + applicable taxes
Prepayment Charge: 2% of principal outstanding + applicable taxes
Valuation Charges: As per actuals
Late Payment Charge: 2% per month on overdue EMI + applicable taxes
Repayment Mandate Bounce Charges:
- < ₹ 5 Lakh: ₹ 500
- ₹ 5 - ₹ 50 Lakh: ₹ 1,000
- ₹ 50 Lakh – ₹ 2 Crore: ₹ 1,500
- ₹ 2 Crore: ₹2,000

RC Non-submission Charges: ₹ 1,000
Duplicate NOC Charges: ₹ 1,000 + applicable taxes
Repayment Swap Charges: ₹ 500 + applicable taxes (only for branch walk-ins)
Document Charges (e.g., Statement of Account): Nil

Are there any tax benefits for the Kisan Suvidha Plus Loan?

Currently, the Kisan Suvidha Plus Loan does not offer specific tax benefits. However, it is recommended that you consult a tax advisor to explore potential deductions related to agricultural loans.

Is a credit score required to avail Kisan Suvidha Plus Loan?

While there is no specific credit score requirement for the Kisan Suvidha Plus Loan, having a good credit history can increase your chances of loan approval.

How can I apply for a Kisan Suvidha Plus Loan?

To apply for a Kisan Suvidha Plus Loan, follow these steps:

  • Select EMI and tenure.
  • Complete KYC verification.
  • Upload asset details.
  • Add a co-applicant if needed.
  • Choose insurance options.
  • Provide bank details for e-signing.

Testimonials

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Farmer Loan

Having a good track record, LTF provided me with a pre-approved loan which was a huge help to my business. The FLS assisted me personally; he answered all queries. My loan was disbursed within 24 hours. I will recommend LTF to my friends & family and will prefer L&T Finance for future loan requirements.

Akshay Kumar Jha

Location here

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Farmer Loan

Having a good track record, LTF provided me with a pre-approved loan which was a huge help to my business. The FLS assisted me personally; he answered all queries. My loan was disbursed within 24 hours. I will recommend LTF to my friends & family and will prefer L&T Finance for future loan requirements.

Sanjay

Location here

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Farmer Loan

My friend recommended LTF since they provide tractor loans at a lower interest rate than others, the loan process is simple, no physical documentation is required, payment was deposited the same day and I received the tractor within a week. My agricultural business has really improved thanks to the LTF.

Narayana G

Telangana

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Farmer Loan

L&T Finance has supported me as a farmer since 2014, helping me finance two tractors and essential equipment. With flexible, crop-based repayments and easy EMI tracking on the PLANET App, my life has been easy. L&T Finance truly empowers us to grow better and manage finances seamlessly.

Satish Hisar

Beri, Haryana

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Farmer Loan

As a third-generation farmer, owning a tractor with L&T Finance's support has transformed our work. The fully digital process made it easy, with swift disbursement and flexible repayment options like EMI Protect. Now, our costs are lower, and farming is efficient. Truly, L&T Finance supports farmer prosperity.

Hardeep Soora

Hisar, Haryana

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Farmer Loan

When I decided to buy a tractor, I spoke to the L&T Finance official. After all the documentation, I got approval of my loan with 2-3 days. I didn’t have to go anywhere and yet my loan got sanctioned.

Bherulal Chaudhary

Ratlam, MP

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Farmer Loan

The L&T Finance officer came home and did all the application formalities online and instantly got approval for the loan. Our EMI is in accordance with our harvesting cycle. They gave us the best interest rate and fulfilled our financing requirements.

Mr. Balu Hari Pawar

Maharashtra

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Micro LAP

We called and the L&T Finance representative came to our house. They quickly completed the formalities and gave us the money really fast so we could use it for our needs. Everything was done digitally. I am grateful to L&T Finance.

Mrs. Kanaga

Handloom Service

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Personal Loan

I spotted an L&T Finance Consumer Loans ad and applied. After my verification call, my request for loan was approved and the loan amount was transferred in the following 24 hours. L&T Finance Personal Loans provided me timely, financial help.

Vinod Bidlan

Andheri, Mumbai

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Personal Loan

I was aware of L&T Finance Consumer Loans, as I have already benefited from their services in the past. They had even clarified my doubts about T&C and loan process by calling me up at my convenient time. Because of such good support, I decided to take loan again from L&T Finance Personal Loans.

Chirag Mehta

Ahmedabad, Gujarat