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Introducing the First-in-industry IDFC FIRST Bank's Super Account
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You gain a dedicated partner committed to helping you reach your full potential and achieve new heights
Know More- Account with Auto-Sweep FD
- Account for all Domestic businesses
- Account for Importers & Exporters
- Account for Start-ups
- Accounts for Trusts/Associations/Societies/Clubs
- Account for Merchants
- Account for Agri Traders
- Account for Self-employed professionals
- Special Purpose Accounts e.g. SNRR, RERA, EEFC
BRAVO (Auto Sweep)
Convert the idle funds in your current account into a fixed deposit with the BRAVO feature.
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Streamline your export process with digital convenience with IDFC FIRST Bank's Export Solutions
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Make more than one online payment in just a few clicks with IDFC FIRST Bank Bulk Payments
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Tractor Fees and Charges
| Particulars of charges | ||
| Products | Interest Charges | Processing Fee |
| New Tractor | 12% - 16% | 1% of sanction loan amount + GST |
| Used Tractor | 16% - 20% | 2% of sanction loan amount + GST |
Other Charges
Particulars of charges |
Descriptions |
EMI Bounce Charges |
7.5% of EMI bounced with minimum charge of Rs. 400 & maximum of Rs. 1000 (excluding GST) |
Late Payment charges |
2% of the EMI overdue or Rs 300 which is higher
|
Stamp duty |
As per actual |
Valuation (Used Tractor) |
As per actual |
Legal/Collection/Repo Charges |
As per actual |
Loan Cancellation |
Rs 1000 + GST |
Duplicate NOC |
Rs 500 + GST |
Foreclosure/Pre-Payment |
2% of principal outstanding + GST |
Collection EMI Pickup charges |
Rs.500 + GST |
GST, as applicable, will be levied on all service charges. The above Schedule of Charges is subject to be revised from time to time by the Bank, as will be updated on the official website of the Bank.
