Providing loan to farmers for raising cereal and cash crops including purchase of chemical fertilizer, pesticides, seeds, labor wages etc. In addition, providing advances against pledge/hypothecation of agricultural product.
Provide loan to farmers for other agricultural business like dairying, fishery, piggery, poultry, bee-keeping, goat farming, sericulture, floriculture, horticulture, herb, aayurvedic and medicinal crops/products etc.
Financing for agricultural implements and machinery including purchase of trucks, bullock carts, transport equipment, plough animals, tractors etc.
Financing for combined farming pulling together agricultural land and/or for irrigation and marketing purpose.
Financing to construct shallow and deep tube well, tanks, etc. and purchase of drilling units
Provide loan for construction and running of warehouses, godowns, silos and cold storage
Providing all other kinds of financing facilities with hassle-free processing and documentation formalities to the people particularly engaged in agriculture
Features and Benefits
Competitive Premium rate
Flexible Repayment Schedule as per the nature of the agricultural involvement
Fast approval process
Facility available in all branches
Flexible tenure: from 6 months Up to 5 years
Financing from 0.05 million up to 10 million
Counseling to help better financing by our Relationship Managers throughout the process
Flexibility in collateral requirement
Individual - Nepalese Citizen above 21 years involved in agricultural sector. Salaried individual, self-employed persons, Company/firm having sufficient income and cash flow to serve debt.
Company (Pvt./Public)/Proprietorship/Partnership (duly registered with the concerned government authority) engaged in agricultural sector
Sufficient income source to repay at the satisfaction of the Bank.
Loan Application Form duly filled and signed in the prescribed standard format of the bank
Photocopy of citizenship certificate of applicant and guarantor(s).
Passport size photographs of applicant and guarantor(s).
Family details of borrowers and guarantor(s).
Location map of the resident and business premises including site visit report by BM/RM.
Original copy of land ownership certificate (Lalpurja) and four boundary certification from concerning office.
Multiple banking declarations.
Photocopy of Firm Registration (if applicable)
MOA/AOA (if companies)
Other documents stipulated by the Bank from time to time.