This service is a loan service provided by CAC Bank to small farmers and fishers in accordance with the annual financing plan to cover the operational costs of fertilizers, seeds, pesticides, irrigation networks, labor (wages), fuel, and mobile and fixed agricultural machineries...etc.

Service Features:

• Financing procedures are simple and fast.
• Service fees are reduced.
• Uncomplicated guarantees for funding.
• Collection of installments are payable at limited and concessional funding periods.

Terms and Documents required to obtain the service:

• The customer should maintain an account with CAC Bank.
• Providing the original identity copy (a valid electronic card or passport).
• Fill in the application form by visiting any CAC Bank Branch or office.
• The application must be presented by the financing applicant or by an authorized person to the applicant.
• The loan shall be used in the specified objectives.
• The customer should not have failed in payment of any past debts to any other banking or financial entity.
• There is no dispute over land ownership.
• The purpose of the loan is to farm crops or fruit in its appropriate environment.
• The objectives of the loan are consistent with the objectives of the bank and according to the lending plan.
• Providing a feasibility study for the project in cooperation with the bank, and a price offer for the project.
• The ability to bring sufficient guarantees and the customer has the ownership document of the agriculture land.
• Banking tariffs (10%) for short-term loans, and (11%) for medium-term loans.