Agriculture, animal husbandry, etc. In case of requesting agricultural loans for the needs of the farmers operating in the fields, it can be used as payment once a year, that is, the time of harvest, after the application to some banks.
Consumers have a very flexible payment plan for the repayments of the agricultural loans allocated in a short time if a few simple application procedures are followed and the conditions are met. Upon request, the installment payment, which can be made within the desired month, is only once a year. The next payment should be made in the same month of the next year.
How to Get Harvest Pay Agricultural Loan?
As mentioned above, once a year, during the harvest period, loans with installment payments can only be used for agriculture, animal husbandry, etc. is an application for farmers operating in the fields.
Some public banks, especially Good Finance Bank, can enable the use of state-sponsored agricultural loans through the periodic campaign. For example, agricultural loans that can be used through Good Finance Bank can be allocated with a 7-year term and once a year in installments.
Consumers who benefit from the related Good Finance Bank loan are assigned a spike card, and payments are requested through this card.
Farmers who want to take advantage of harvested agricultural loans must meet the following conditions:
- C. being a citizen,
- Being over the age of 18,
- Having deposited an insurance premium for at least 12 months,
- Being insured for at least 3 months,
- Having immovable property as much as the amount of credit to be drawn,
- Mortgage of immovable property guarantee,
- Having enough income to make loan installment payments,
- Cooperative etc. having registration documents.
Farmers who meet the relevant requirements can go to the nearest bank branch and start the application procedures. Applications made are concluded within 1-3 business days, and credit is allocated within 2 business days after the required documents are submitted.
Good Credit Harvest Payments Loan
Good Credit invested in modernization investments, raw material purchases, feed purchases, etc. in order to meet the needs of farmers engaged in agricultural issues. has prepared an agricultural loan package that can be covered by expenditures. Farmers benefiting from the related loan can make installment payments once a year or they can transmit their maturity preferences such as 6 months, 3 months and 1 month as a classic.
Currently, the agricultural loans given by Good Credit are as follows:
- Tractor and agricultural material loan,
- Land purchase loan,
- Fruit facility loan,
- Greenhouse construction and modernization loan,
- Livestock loan,
- Seafood credit,
- Drip irrigation loan,
- Plow seeder loan,
- Renovation modernization loan,
- Organic product loan,
- Meeting the investments to be made within the scope of good agricultural practices,
The interest rates of the mentioned loans may vary depending on the amount of credit to be used and the credit rating. Therefore, the interest rate proposal will have to be received through the nearest Good Credit branch. It is possible to use all loans with a maturity of 60 months, with the exception of the seafood loan. Consumers who will take a seafood loan must have completed their installment payments within 48 months.
Good Lender Harvest Paying Agricultural Loan
Within the scope of Good Lender’s Agricultural Support Package, it is possible to terminate various agricultural expenditures in annual installments. Good Lender loans that can be used only with payments allocated during the harvest period:
- Tractor and modernization investments,
- Greenhouse management and greenhouse construction,
- Soilless agriculture loan,
- TMO receipt provision loan,
- Agricultural irrigation systems loan,
- Paddy loan,
- IPARD – Rural Development Grant Program Loan,
- Agricultural land is a purchase loan.
Farmers must meet various requirements depending on the loan they will use. Among these loans, only IPARD credit is the credit allocated by a different institution. Farmers who want to take advantage of IPARD credit can meet with Good Lender, but the institution to contact.
The interest rates of the said loans will vary depending on the amount of the loan to be used, whether the region to be cultivated is subject to government incentives and the guarantees given by the borrower for the loan.