About Agricultural Loan
Yoma Bank’s Agricultural Financing offers a wide range of short-term and long-term financing products for the agricultural sector’s needs and to help sustain the cash flow for your Agri-business growth. Agricultural Financing is categorized into (6) financing products, such as Seasonal Credit Facility (Paddy/Rice), Seasonal Credit Facility (Corn), Agri Payable Financing, Agri Inventory Discounting, Agri Receivable Discounting and Agri SME.
Choose the perfect loan for you
Features and Benefits
Increases cash flow for the business
Contribute to the growth and expansion of the business
Simplified and quick loan application
Effective to Agri-business nature
Eligibility & Requirements
to Open Loan
- Business license
- Company registration (for company as borrower)
- NRC original and copy
- Household registration original and copy
- Original ward recommendation letter (Proof of residence)
- Revenue verification documents
- Receipts of revenue tax
- Financial statements
Before you applied check these information
About Agricultural Loan
- Paddy/Corn Farmers
- Exporters/Traders
- Millers
- Contract Farming Companies
- Manufacturers of Agricultural
- Distributors/Dealers of Agricultural
| Interest* | Loan Terms* | Loan Amount* | Establishment Fees* | |
| Seasonal Credit Facility (Paddy/Rice) | 9.5% (minimum) | Up to 11 months | Min- 50mn MMK Max- 500mn MMK | 0.5% |
| Seasonal Credit Facility (Corn) | 9.5% (minimum) | Up to 11 months | Min- 30mn MMK Max- 300mn MMK | 0.5% |
| Agri Payable Financing | 10% (minimum) | Up to 180 days for each invoice | Min- 25mn MMK Max- 500mn MMK | 0.5% |
| Agri Inventory Discounting | 10% (minimum) | Up to 1 year | Min- 500mn MMK Max- 6,000mn MMK | 1% |
| Agri Receivable Financing | 10% (minimum) | Up to 180 days for each invoice | Min- 500mn MMK Max- 2,000mn MMK | 1% |
| Agri SME | 10% (minimum) | Up to 3 years | Min- N/A Max- 1,000mn MMK | 0.5% |
* During the loan tenure, the interest rate is subject to change at any time by the Yoma Bank or the Central Bank.
Agricultural Loan
Frequently Asked Questions
These are :
- SME Express Loan
- Distributor Loan
- Invoice Financing
- Transactor Loan
- Business Overdraft
- Business Loan
- Hire Purchase
- SMART Credit Business
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