Citizens Agriculture & Enterprise Loan

Citizens Agriculture & Enterprise Loan

Agriculture loans are the loans that are provided to farmers to fulfill the expenses of their day-to-day or their general agricultural requirements. These loans is short-term or long-term. They'll even be used for raising capital for crop cultivation or to shop for agricultural equipment.

Citizens Agriculture & Enterprise Loan
2 %
Interest Rate
Citizens Agriculture & Enterprise Loan
9.81 %
Base Rate
Citizens Agriculture & Enterprise Loan
11.81 %
Total Interest Rate

Last Updated Date: May 17, 2022

Citizens Bank International Ltd

For economic growth and development of New Nepal, Citizen Bank International Limited believes in the liberalization, privatization and globalization. In the banking sector, Citizen Bank International Limited is one of the largest commercial banks. This bank is promoted by eminent personalities or business and industrial houses and reputed individuals. Citizen Bank International Limited is managed by the team of experienced bankers and professionals. This bank is moving forward in the banking sector with the vision of being the leading bank known for its excellence services. Citizen Bank International Limited is fully dedicated to meeting the financial needs of the customer and exceeds the customer satisfaction through innovative solutions. By promising to deliver the customer centered products this bank wants to be the trustworthy partner for the progress of individuals and institutions by giving excellent services. Founded on 20 April 2007 (2064/01/07) as the nation's 20th commercial bank, 'Citizens Bank International Limited' has its corporate headquarters in Narayanhiti Road, Kathmandu, at the heart of the country's financial sector. It has been managed by a team of seasoned bankers and professionals and is promoted by eminent celebrities, corporate and industrial houses and reputed individuals with a high social standing. All over the world, there are 110 branches and 99 ATMs.

Citizens Agriculture & Enterprise Loan


  • Loan Application.
  • Photograph and citizenship of the applicant/guarantor, in case of individual applicant.
  • Photograph and citizenship of proprietor
  • Location map of the applicant’s/guarantor’s residence.
  • Certificate of registration (renewed) and PAN, in case of user group, farm, firm, company, cooperatives, institutions, organization, as applicable.
  • Original Land Ownership Certificate (Lal Purja) of the property being offered as collateral.
  • Latest land /land and building revenue receipt.
  • Document issued by government offices i.e. Land revenue office/municipalities/VDCs
  • Formal agreement between the Bank and partner institute in case of joint collaboration.
  • Recommendation letter from partner institute, in case of financing through joint collaboration.

What Is Agricultural Loan?

The term agricultural credit refers to one of several credit vehicles used to finance agricultural transactions. These vehicles include loans, notes, bills of exchange, and banker's acceptances. This type of financing is specially adapted to the specific financial needs of farmers and allows them to secure equipment, plant, harvest, marketing, and do other things that are necessary to keep their farms running. Agricultural credit refers to one of several credit vehicles used to finance agricultural transactions such as a loan, note, bill of exchange, or a banker's acceptance. Financing is specially adapted to the specific financial needs of farmers. It allows them to secure equipment, plant, harvest, marketing, and do other things required to keep farms running or diversify. Credit needs to be available on competitive terms to allow farmers who operate in a free market economy to compete with farms that receive subsidies.

How Does Agricultural Loan Works?

When someone needs credit, they often turn to banks for loans or other credit vehicles. Some industries have special facilities set aside through certain financial institutions as is the case with agribusiness—the business sector encompassing farming and farming-related commercial activities which involve all the steps required to send an agricultural good to market—production, processing, and distribution. This is called agricultural credit, which is available in many different countries. Agricultural credit, which is also commonly referred to as agricultural finance, is an important component of the economy, especially in countries with arable land since agricultural products can be exported. Credit is vital to agricultural businesses because it gives farmers access to capital that might not otherwise be available to them. It helps them secure the seeds, equipment, and land they need to operate a successful farm. Agricultural credit programs not only help farmers and other agricultural producers, but also supports ranchers and rural homeowners with their finances.

Types Of Agriculture Loan 

The agricultural loan is offered to loan borrowers in various forms as listed below:

Crop Loan

Crop loan, also called as Kisan Rin or Retail Agri Loan is a go-to retail loan for agriculturalists to fulfil short term credit needs. Thus it is ideal to fulfil day to day agricultural costs.

Agriculture Term Loan

Banks offer pre-approved loans to the existing customers by doing a check on their credit score and repayment eligibility. Thus, they provide loans at a competitive rate of interest which are less than the usual personal loan interest rate.

Loan for Allied Agricultural Activities

 Agriculture crop loan is offered as loan for allied agricultural activities to agriculturists looking out to fulfil working capital requirements. In addition to that, this loan can also be used to plan out long term investment options.

Farm Mechanization Loan

A pre-approved personal loan can be easily availed sitting at the desk of your house in a real quick time. Most of the lending institutions provide the facility to fill and submit the application form along with the necessary documents through mobile application or website of the banks.

Solar Pump Set Loan

 This loan is offered to the agriculturists involved in small agriculture projects, to enable the purchase of photovoltaic pumping systems. The loan is offered with a repayment tenure of up to ten years to ease out the prepayment of the borrowed amount.

Agricultural Gold Loan

 Agricultural gold loan is a secured loan that can be availed by farmers by pledging their gold. The loan is offered on a lower interest rate and is ideal for arranging funds in times of need.

Horticultural Loan

 Horticultural Loan is an agriculture farm loan offered for land development projects related to orchids or vegetable farms. The loan can be used to cover expenses such as fencing, setting up boundaries, and clearing wild plants and trees amongst others.

Forestry Loan

 Forestry agriculture crop loan is offered for maintenance and raising of crops growing on trees. This loan is a multipurpose loan and can be used for converting barren fields into farms, for creating irrigation channels, or for clearing wild growth in the farms.

Products You May Like