Types Of Stimulus Loans

OBJECTIVE: To stimulate production activities and support resilience via diversification.

Industry Product offering Interest rate Loan period
Cropping facility
  • Production inputs.
  • Capital expenditure for farm improvement.
  • Irrigation systems.
  • Solar systems.
As per normal product interest rates of the Bank. As per current Bank policy.
Restocking facility
  • Restocking for farms with low stock units.
  • Production inputs.
  • Capital expenditure for farm improvement.
  • Solar systems.
As per normal product interest rates of the Bank. As per current Bank policy.
Biomass industry
  • Equipment and facilities for Forestry Stewardship Council (FSC) compliance.
  • Bush to feed machinery and technology.
As per normal product interest rates of the Bank. As per current Bank policy.
Poultry
  • Capital expenditure for farm improvement.
  • Production inputs (medicine, feed, marketing etc.).
As per normal product interest rates of the Bank. As per current Bank policy.
Note: Credit assessment for viability applies; list not exhaustive as to loan types.

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FAQ

What type of security must I provide for a loan at Agribank?

Loans are granted against security of fixed property, investment or any other acceptable form of security (fixed deposits, investments and surrendering value of policies). read more

Does Agribank also provide personal loans?

No, Agribank is not a commercial bank. read more

Does Agribank provide loans to first time farmers?

Yes, Agribank can assist you to start farming. read more

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