Tractor Junction wins RBI licence for Dhanrise Finance, targets used-tractor lending
Tractor Junction’s NBFC arm, Dhanrise Finance, will begin used-tractor and rural-vehicle loans in Rajasthan and Madhya Pradesh in October 2026, before expanding to four more states. The company aims to disburse Rs 100 crore over its first 24 months.
Tractor Junction received RBI approval for NBFC arm Dhanrise Finance, which will begin used-tractor and rural-vehicle lending in Rajasthan and Madhya Pradesh in October 2026 before expanding to four additional states.
Why this matters
The NBFC launch extends Tractor Junction's growth push after FY26 revenue jumped 62% to ₹198 crore, alongside its FY27 ₹400 crore target and ₹3 crore ESOP buyback for 80 staff.
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