Agricultural loans are long-term loans.

Compared with industrial and commercial loans, the main features of agricultural loans are:

1. Longer term. The agricultural production cycle is long, and its capital turnover is slower than that of industry and commerce. Therefore, agricultural loan terms are also longer than industrial and commercial loans.

2. The interest rate is low. Agricultural production is greatly affected by natural conditions and carries high risks; at the same time, agricultural conditions have a great impact on the development of the entire national economy.

Therefore, in order to achieve social stability, the governments of many countries have implemented policies to encourage and support low-interest agricultural loans. Agricultural producers' own credit cooperatives also implement the principle of low-interest loans, and some are subsidized by the government to provide interest-free loans.