AMFIU | View Institution Details
Institution Name:
Contact Person:
Email:
Telephone:
Office Physical Location:
District:
Number of Branches:
Agric Loan Product Name:
General Product Description:
An agricultural loan that is acquired for all types of farming all crops and other plantations like forests, tea, rearing of other animals apart from dairy cattle, poultry, apiary, horticulture etc
Target Market:
Loan Purpose:
Eligibility Criteria:
Grace Period Terms:
Loan Period:
Collateral Requirements:
Land certified by the LC1 Chairman
Insurance:
1% of loan amount (kept by the institution. No involvement with an insurance company)
Deposits Savings:
Minimum Loan Amount:
Maximum Loan Amount:
Loan Process:
Fill in an application form; Get a security letter from the Local Council 1 Chairman; Appraisal visit by the Loans Officer;Approval by the Management or Loans Committee; Signing of loan agreement;Disbursement through the savings account
