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Agricultural Loans

The loans are extended to person who engage in productive agricultural ventures to enable them to finance their activities. The facility is also aimed at contributing to the achievement of the national goals of security.

Eligibility Criteria


The applicant shall satisfy the following condition (where applicable )

  • Shall be 18 years and above with sound mind
  • Shall be a customer of the bank for at least six(6) months with good turnover
  • Must have a viable venture and the business  must be within the operation area of the bank

Group/Association/Corporate /Institutions 

  1. Must be a customer of the bank
  2. Must have active viable business /Form
  3. Must have registered with the appropriate Authorities. (eg District Assemble, Registrar General Department, etc)


The under listed basic information shall be placed on the credit file of every beneficiary of the bank’s Trading/Commercial Loan

  1. Application letter(printed)
  2. Resolution duly signed by the concerned persons (in the case of groups /associations / corporate loans)
  3. Guarantor’s form duly signed by both the guarantor and the applicant
  4. A valid national ID &Tin certificate (Passport/ Driver’s license/Voter’s ID/NIA card/SSNIT card) of both the applicant and guarantor
  5. An offer and acceptance letter (letter of Notification )

Duration of Loan

  • Agro marketing /form input(ie working capital ) maximum duration not exceed 10 months
  • Asset acquisition / Cash crop forming (i.e Form building, Loand . etc)maximum duration not exceeding  24 months
  • Animal rearing / Fish farming maximum duration shall not exceed 24 months.
  • Food crops shall not exceed 12 months ,


  • Cash lien of not less than 20% of the amount requested and 2 personal guarantors.
  • Building with proper documents
  • Vehicles (original document be deposited at the bank during the Facility period )
  • And  any other security that may be deemed fit

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Asante Akyem Rural Bank HQ

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