Government Tractor Subsidy Scheme 2026 : Top 50 HP Tractors, Price List & How to Apply Online

Agricultural mechanization is key to boosting farm productivity and reducing labor costs. To support farmers, the government offers up to 50% subsidy on tractor purchases under various farm machinery schemes.

Whether you are looking for high fuel efficiency, heavy lifting capacity, or affordable farm equipment financing, choosing the right 50 HP tractor can double your farm income.

Top 50 HP Tractors, Price List & How to Apply Online

In this comprehensive guide, we compare the top 50 HP tractors in India, their updated price list for 2026, specifications, and the step-by-step procedure to apply for government tractor subsidies.

Top 4 Best 50 HP Tractors in India (2026 Comparison)

Selecting the right tractor depends on engine power, PTO HP, fuel consumption, and hydraulic lifting capacity. Below is the detailed comparison of India’s top-selling agricultural tractors:

Tractor Model Engine HP PTO HP Lifting Capacity
Price Range (Ex-Showroom)
Mahindra 575 DI SP Plus 47 – 50 HP 42 HP 1500 kg
₹6.80 Lakh – ₹7.30 Lakh
Swaraj 855 FE 48 – 52 HP 42.9 HP 2000 kg
₹7.80 Lakh – ₹8.40 Lakh
John Deere 5050 D 50 HP 42.5 HP 1600 kg
₹7.90 Lakh – ₹8.70 Lakh
Kubota MU4501 45 – 50 HP 38.3 HP 1640 kg
₹8.30 Lakh – ₹9.20 Lakh

 

Key Features & Specifications

1. Mahindra 575 DI SP Plus

Best For: Heavy-duty farming, rotavator operation, and low maintenance.

Fuel Efficiency: Equipped with extra long-stroke mBoost engine for maximum mileage.

Warranty: 6-year engine warranty.

2. Swaraj 855 FE

Best For: Heavy implements like reversal plough, thresher, and trolley transport.

Transmission: 8 Forward + 2 Reverse / 12 Forward + 3 Reverse options with dual-clutch technology.

3. John Deere 5050 D

Best For: Advanced technology, power steering, and wet 3-point linkage.

Engine: 3-Cylinder turbocharged diesel engine with coolant cooling system.

Government Tractor Subsidy Scheme 2026 (Eligibility & Benefits)

Under the Sub-Mission on Agricultural Mechanization (SMAM) and state-specific agriculture portals (like i-Khedut):

Subsidy Amount:

➢Small & Marginal Farmers / Women Farmers: 40% to 50% subsidy (up to ₹1.25 Lakh to ₹1.50 Lakh limit).

➢General Category Farmers: 20% to 35% subsidy.

Eligibility Criteria:

➢Applicant must hold agricultural land registered under 7/12 RoR records.

➢The farmer should not have availed a tractor subsidy in the last 7 to 10 years.

➢Only one tractor subsidy is permitted per family unit.

Required Documents for Tractor Subsidy Application

➢Copy of 7/12 and 8-A Land Extract (Satbara Utara)

➢Aadhaar Card & PAN Card

➢Bank Account Passbook (Linked with Aadhaar)

➢Caste Certificate (if applicable)

➢Tractor Dealer Quotation / Price Invoice

How to Apply for Tractor Subsidy Online?

➢Visit the official state agriculture portal (e.g., i-Khedut / SMAM portal).

➢Navigate to the “Agricultural Schemes” (ખેતીવાડી યોજનાઓ) section.

➢Select “Purchase of Tractor / Farm Machinery”.

➢Fill in applicant details, land survey numbers, and bank details.

➢Upload the required documents and submit the online application.

➢Print the acknowledgement application form and submit it to the District Agriculture Officer along with physical document copies.

Tractor Financing & Low-Interest Farm Loans

Farmers can finance up to 80%-90% of the tractor cost through Bank Farm Loans and Kisan Credit Card (KCC) schemes. Leading banks like SBI, HDFC, and Bank of Baroda offer tractor loans at low interest rates starting from 8.5% per annum with flexible repayment options ranging from 3 to 7 years.