Indian Bank, Kubota Join for Tractor Loans

Chennai - Indian Bank., a public sector bank, has partnered with Escorts Kubota Limited (EKL)., an agriculture and construction equipment manufacturer, to provide financing solutions for dealers and tractor customers.

The partnership, announced with Mr. Ashutosh Choudhary, Executive Director of Indian Bank, and Mr. Bharat Madan, Whole-time Director and CFO of EKL, will provide EKL dealers with seamless access to working capital and offer customers affordable tractor loans. The financing will cover EKL's full tractor lineup, including Powertrac, Farmtrac, and Kubota models.

EKL dealers can access the benefits through Indian Bank's digital platform. The agreement aims to provide tailored financial solutions to help dealers manage working capital, streamline inventory, and support business growth. Farmers can avail credit by either registering on the Indian Bank website or visiting any of its 5,800+ branches nationwide.

Mr. Ashutosh Choudhury, Executive Director, Indian Bank, said, “The association with Escorts Kubota Limited will allow us to provide quick and hassle- free financing to a large number of dealers, farmers and prospective customers. This partnership reflects Indian Bank commitment to advancing financial inclusion and digitalization in the country. The Bank digital business has exceeded ₹1 lakh crores in FY25 and its dealer and tractor financing solutions through digital and branch assisted journey will enhance ease and access to financing.”

Mr. Bharat Madan, Whole-time Director & CFO, EKL, said, “This partnership with Indian Bank reflects Escorts Kubota commitment to offering our dealers and farmers affordable and efficient credit solutions. By enhancing access to financing, we aim to drive rural prosperity, strengthen the agricultural value chain, empower SMEs, and support the holistic growth of India rural economy.”

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