1) The customer shall be entitled to a 50% interest rebate from the CBN on the expiration of the loan which must be 12 months and amount not above N500,000.00.
2) Customer must have a farm (Animal or Crop)
3) Customer must complete all loan documents for Agricultural Loans
4) Interest Rates is between 24% - 30%
5) Other Charges and information are as stated below
Required Guarantors by Loan Amount:
#100,000.00 and below: 1 Guarantor
#100,001.00 - #200,000.00: 2 Guarantors
#200,001.00 - #1,000,000.00: 2 Guarantors
#1,000,001.00 and Above: 3 Guarantors
Interest Rates
Salary Domiciled
Interest Rates are between 24% to 28% depending on Loan Tenure
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