Agricultural Loans

AGRICULTURAL LOAN

Secured Agricultural Loan

 “.., is a financial assistance for farmers engaging various agricultural activities and willing to offer personal properties as collateral…”

•Maximum Loan is based on the Debt Capacity determined by the bank;
•Owned or leased farm within areas acceptable by RBMF
•Term co-terminus with project cash flow

Basic Requirements
1. Collateral Documents. Certificate of Land Title (and related documents), Certificate of Registration or Certificate of Ownership
2. Valid ID (government issued)
3. 2 pcs 2×2 ID Picture (borrower & spouse)
4. Barangay Clearance
5. Savings Account
6. Properly filled-up bank forms

 

Unsecured Agricultural Loan

“.., is a financial assistance for small farmers engaging farm production of crops not considered as food crop classification…

• Maximum P 50,000 loan amount
• Owned or leased within areas acceptable by RBMF
• Amount based on prescribed Farm Plan and Budget
• With Technology Protocol
• Term co-terminus with crop

Basic Requirements
1. Proof of ownership. Certificate of Land Title or Tax Declaration
2. Contract of Lease. (if # 1 requirement is not available)
3. Valid ID (government issued)
4. 2 pcs. 2×2 ID Picture (borrower & spouse)
5. Barangay Clearance
6. Savings Account
7. Farm Plan & Budget
8. Properly filled-up bank forms

 

 

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Loan Disclosure Calculator

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* Important Notes;
1/ Interest may be deducted from loan based on loan type and client condition.
2/ Deductions exclude compulsory savings and guarrantee/insurance fees.