Agricultural Loan

Business Banking > Loans

Agricultural Loan

Business Banking > Loans

About Agricultural Loan

Yoma Bank’s Agricultural Financing offers a wide range of short-term and long-term financing products to meet the needs of the agricultural sector and help sustain cash flow for your agri-business growth.

Agricultural Financing is categorized into six financing products, including 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

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Increases cash flow for the business

Contributes to the growth and expansion of the business

Simplified and quick loan application

Tailored to the nature of agri-businesses

Loan Application Requirements

  • Business license
  • Company registration (for companies as borrowers)
  • NRC (original and copy)
  • Household registration (original and copy)
  • Original ward recommendation letter (proof of residence)
  • Revenue verification documents
  • Revenue tax receipts
  • Financial statements
requirement

Before you apply, please review the following information

Loan Details and Terms

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  • Paddy/Corn Farmers
  • Exporters/Traders
  • Millers
  • Contract Farming Companies
  • Agricultural Manufacturers
  • Agricultural Distributors/Dealers

Interest*Loan Terms*Loan Amount*Establishment Fees*
Seasonal Credit
Facility (Paddy/Rice)		13%
(minimum)		Up to 11 monthsMin- 50mn MMK
Max- 500mn MMK		1% (Minimum 250,000 MMK)
Seasonal Credit
Facility (Corn)		13%
(minimum)		Up to 11 monthsMin- 30mn MMK
Max- 300mn MMK		1% (Minimum 250,000 MMK)
Agri Payable Financing13%
(minimum)		Up to 180 days for each invoiceMin- 25mn MMK
Max- 500mn MMK		1% (Minimum 250,000 MMK)
Agri Inventory Discounting13%
(minimum)		Up to 1 yearMin- 500mn MMK
Max- 6,000mn MMK		1% (Minimum 250,000 MMK)
Agri Receivable Financing13%
(minimum)		Up to 180 days for each invoiceMin- 500mn MMK
Max- 2,000mn MMK		1% (Minimum 250,000 MMK)
Agri SME13%
(minimum)		Up to 3 yearsMin- N/A
Max- 1,000mn MMK		1% (Minimum 250,000 MMK)
Note

* During the loan tenure, the interest rate is subject to change at any time by Yoma Bank or the Central Bank.

Agricultural Loan

Frequently Asked Questions

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The available loans are:

For more information, please contact Yoma Bank’s 24/7 call center – 9662 or 097 9662 9662 or Yoma Bank official Facebook page, or go to the nearest branch during operating hours. Don’t forget to bring your NRC/Passport.

Read all FAQs

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