Secured financing for all agricultural sector needs!
Secured financing for all agricultural sector needs!
Secured financing for all agricultural sector needs!
Secured financing for all agricultural sector needs!

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. 


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 

Agricultural Loans are suitable for 
  • Paddy/Corn Farmers 
  • Exporters/Traders  
  • Millers 
  • Contract Farming Companies 
  • Manufacturers of Agricultural  
  • Distributors/Dealers of Agricultural 


Interest, Fees and Loan Term

Interest* Loan Term*Loan Amount*Establishment Fees*
Seasonal Credit Facility
(Paddy/Rice)
9.5%
(minimum)
Up to 11 months
Min- 50mn MMK
Max- 500mn MMK 
0.25%
Seasonal Credit Facility
(Corn)
9.5%
(minimum)
Up to 11 months
Min- 30mn MMK
Max- 300mn MMK
0.25%
Agri Payable Financing
10%
(minimum)
Up to 180 days for each invoice
Min- 25mn MMK
Max- 500mn MMK
0.5%
Agri Inventory Discounting10%
(minimum)
Up to 1 year
Min- 500mn MMK
Max- 6,000mn MMK
1%
Agri Receivable Discounting
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 
0.25%

* Rates may subject to change. 


Requirements

  • 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