Application conditions for agricultural loans

Agricultural loan, also known as agricultural loan, refers to the loans provided by financial institutions to enterprises and individuals engaged in agricultural production according to the needs of agricultural production. In modern agriculture, with the development of the integration of agriculture and industry, many countries have classified the loans provided for the supply of means of production before agricultural production, the processing, transportation and marketing of agricultural products after production as agricultural loans. Some also classify the loans provided by banks to rural credit cooperation organizations as agricultural loans.

Application object of agricultural loan

1. State-owned agricultural enterprises: including land reclamation, agriculture, forestry, animal husbandry, aquatic products, water conservancy, overseas Chinese, reform through labour, agricultural machinery, meteorology, the General Logistics Department of the people's Liberation Army, the Commission of Science, Technology and Industry for National Defense and other systems belong to the state-owned agriculture, forestry, animal husbandry and fishing farms, state-owned agriculture office industrial, commercial, material supply and marketing, service industry, transportation, construction, mining, clothing machine repair and other enterprises Various agricultural enterprise groups, leasing enterprises, joint-stock enterprises, Sino-foreign joint ventures and institutions owned by the whole people that operate as enterprises.

2. Agricultural production collective economic organizations: including rural collective economic organizations engaged in agriculture, forestry, animal husbandry, by-products, fishery and services for agriculture before, during and after production.

3. Rural production cooperative economic organizations: including economic associations of various forms and sizes.

4. Peasant households: including agricultural contractors, self-employed households and rural residents and rural credit cooperatives engaged in agriculture, forestry, animal husbandry, sideline, fishing, industry and commerce.

Application conditions for agricultural loan

1. The borrowing unit shall be an economic entity with the status of a legal person. The borrower shall have a certificate of legal identity.

2. The production and operation projects undertaken by the borrowing units shall be in accordance with the laws and policies of the state and the division of agricultural regions. Materials, energy, transportation and other conditions are implemented, with the corresponding management level. The products meet the needs of the society, predict good economic benefits, and can repay the principal and interest of the loan on schedule.

3. The borrowing unit is an economic organization that operates independently, is responsible for its own profits and losses and calculates independently, has a sound financial and accounting system, has a reasonable method of income distribution, and can independently bear the relationship between foreign creditor's rights and debts.

4. Borrowing units and individuals shall have their own funds in accordance with the prescribed proportion, and large loans shall be guaranteed by corresponding economic entities, or property sufficient to repay the loans shall be used as collateral.

5. The borrowing unit shall open accounts with the Agricultural Bank and credit cooperatives, abide by the credit, accept the supervision and inspection of banks and credit cooperatives, and submit to the banks and credit cooperatives financial statements and other economic materials relating to production and operation activities in accordance with the regulations.

Application procedure for agricultural loan

1. Accept the loan application: the borrower shall, in accordance with the requirements of the loan provisions, submit a written loan application to the local bank of deposit, together with relevant materials. If there is a guarantor, including the relevant information of the guarantor.

2. Loan examination: after bank of deposit accepts the loan application, it will conduct a comprehensive examination of the feasibility of the loan, including filling in the basic situation register of borrowers, or the basic situation register of personal loans and the financial statistical analysis table of borrowers, and other items listed.

3. Loan examination and approval: for loan applications that have been examined and evaluated to meet the loan conditions, the loan decision shall be made in accordance with the provisions of the loan examination and approval authority, and go through the loan examination and approval procedures.

4. Signing the loan contract: for the loan approved after examination, the borrower and the borrower shall sign a written loan contract in accordance with the regulations on loan contracts and relevant provisions.

5. Loan issuance: go through the loan formalities according to the loan contracts signed by both parties and the reasonable capital needs of production, operation and construction.

6. establish a loan register: establish a loan register according to the application.

7. establish loan files: set up separately according to the borrower, and record the basic situation of the borrower, production and operation, loan issuance, credit sanctions, loan inspection and economic activity analysis, etc.

8. loan supervision and inspection: after the loan is issued, the borrower shall supervise and inspect the implementation of the loan policy and loan contract, and correct and deal with the violation of the policy and breach of contract in a timely manner.

9. To recover the loan on schedule: insist on the recovery of the loan according to the loan term agreed by both parties. Prior to the maturity of the loan, the borrower shall be notified in writing that he is prepared to repay the principal and interest of the loan. If the borrower is unable to repay the loan on time for legitimate reasons, it may apply for an extension of repayment before maturity, and after examination and approval by the bank, it shall be recovered within the agreed time limit.

10. Treatment of abnormal occupied loans: not only monitoring and assessment should be carried out, but also corresponding effective measures should be taken to deal with them according to different situations.