Agriculture Loans

Overview

The purpose of the agricultural loans is to finance legal agricultural undertakings across the agriculture value chain e.g., Production, Processing, Marketing etc. This applies to both individual and non-individual entities

Benefits

  • Loan amounts matching your agriculture financing needs.
  • Flexible repayment terms.
  • Competitive interest rates
  • Accessible from any of our countrywide branch network.
  • Fast Turn Around Time
  • Top up loans available
  • Flexible collateral requirement
  • Flexible tenure
  • Insurance Cover.
  • Grace periods available.

Requirements

  • Hold a Post Bank Account.
  • Completed loan application.
  • Payment of application fees.
  • Financial Card.
  • Resident within the branch designated area of operation.
  • Applicant must be engaged in proven commercial agricultural activities across the value chain.
  • Agricultural activity must be profitable.
  • Owner or proven tenant of the land on which agricultural activity is being operated
  • Bank statement from other banks evidencing income regularity (Minimum of 12 months) where applicable.
  • Experience in project being financed.
  • Sufficient collateral for the loan covering 120 % of loans amount.

Key Facts

Branch, ATM, and Agent Locator