Google The guarantor requirement for tractor loans depends on the loan-to-value (LTV) percentage set by the lender. In general, HDFC Bank offers tractor loans where guarantors may not be required up to a specific LTV threshold. While the precise LTV percentage for waiving a guarantor can vary depending on the bank's policies, typical industry practice suggests it may be waived for LTVs of 75% or lower.
For exact terms and conditions, it's recommended to directly contact HDFC Bank or check their official website under the Retail Agri Loans or Tractor Loan sections.
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