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Agriculture Loan

Introduction

IMECSL Agricultural Loan scheme has been designed to aim primarily at lower and middle-class citizens engaged in agricultural occupation.

Monthly/quarterly

Repayment Period:

Interest paid Monthly/quarterly or Equal monthly installment (EMl) over approved loan tenure.

Agriculture Loan

Details

Agriculture Loan

Agricultural sector plays an important role in the nation’s development as a major contributor to the Nepalese economy. IME Co-operative Agricultural Loan scheme has been designed to aim primarily at lower and middle-class citizens engaged in agricultural occupation (coffee farming, herbal products, poultry farming, rainbow trout farming). We are committed to funding the short/long-term financial needs of an individual/company improving your farming practices and diversifying your agricultural practices.

Eligibility
  1. Should be a Nepalese citizen.
  2. Minimum two years of working experience in the agricultural sector..

 

Features
  • Flexible loan tenure.
  • Competitive Interest rates.
  • Easy documentation.
  • Prompt processing.

 

Documentation Requirements
  • Loan Application form duly filled by the applicant and co-signed in standard format of the organization.
  • Current account of the applicant / borrower.
  • Copy of citizenship certificate of borrower, joint-borrower & guarantor/security holder.
  • Name and details of the family members of the borrower.
  • Original property location map (Blueprint).
  • Copy of land ownership certificate (Lalpurja) to be placed as collateral.
  • Copy of boundary demarcation certificate (Char Killa Pramanit from ward office/VDC).
  • Details of the planning of the agricultural project/venture to be started.
  • Other documents stipulated by the cooperative from time to time.