What about farmers' loans?

With the development of HP Finance in rural areas, farmers can now apply for loans. They usually apply for loans in four ways: first, farmers apply, second, mortgage land contractual management rights apply for loans, third, mortgage housing property rights apply for loans, and fourth, mortgage forest rights apply for loans.

farmer

Different from ordinary loan products, farmers are not initiated by major commercial banks, but by rural credit cooperatives, whose main purpose is to support rural economic development. Rural credit cooperatives have four loan methods, namely, farmers' joint guarantee loans, farmers' mortgage loans, workers' guaranteed loans and. Among them, the most common is the farmer's joint guarantee loan.

Farmers' joint guarantee loan means that residents with loan needs form a joint declaration team, and the members of the team bear the guarantee responsibility for each other, and the lender issues loans to the members of the joint guarantee team. If one of the team members is loans overdue, it will stop issuing new loans to other members and recover the original loans. If a member of the UNPROFOR applies to quit the UNPROFOR, the new lease of the team will be stopped, the original lease of each member will be recovered and a new UNPROFOR will be formed.

Apply for a loan for the contracted management right of mortgaged land

With the improvement of the national land policy, farmers have also obtained the certificate of land contractual management right. When farmers need funds, they can apply for loans from banks with the contracted management right of land as collateral.

Apply for a loan through mortgage property rights.

Although the mortgage value of a house is not as high as that of a city, it is also a loan method. As far as I know, the right to use the homestead and the property right can be used as collateral to apply for loans from banks in the pilot areas. Under normal circumstances, the mortgage period of rural houses is one year, and the mortgage rate is 50%~70%.

Mortgage forest right to apply for a loan

Perhaps many people don't know what forest right is, but for farmers, every household should have a "forest right certificate", which is used as collateral to borrow money from banks. After on-site investigation and evaluation by the Forestry Planning Bureau, villagers can obtain mortgage loans from banks through forest ownership certificates.

What are the procedures and conditions for agricultural loans?

Conditions:

1, 18-65 years old, in good health, with China nationality, valid identification and full capacity for civil conduct.

2. Have a permanent residence in the local area.

3. Personal legal assets with stable occupation, stable legal income or full repayment of loan principal and interest.

4. Good credit record, no gambling, drug abuse and other bad habits.

5. Open a personal account in the Agricultural Bank, and be willing to accept the credit and settlement supervision of the Agricultural Bank.

Procedure:

1. The customer applies for personal comprehensive credit loan and submits relevant materials.

2. The bank conducts investigation, examination and approval.

3. Banks sign credit contracts and loan contracts with borrowers.

4. Mortgage and pledge method: go through mortgage and pledge procedures.

5. The borrower repays the loan principal and interest in accordance with the agreed repayment method.

6. Go through the loan settlement procedures.

Extended data:

Advantages of agricultural bank loan:

1. One-time credit recovery: You can apply for a credit line at one time and reuse it according to one or more combinations of mortgage, pledge, guarantee and credit.

2. Full use, convenience and flexibility: the loan can be used for consumer purposes such as housing, automobiles, house decoration, comprehensive consumption, and also for business purposes such as individual production and operation, which is flexible and extensive.

3, simple procedures, worry-free and interest-saving: after the borrower applies for a loan, if the property is mortgaged, it only needs to go through the mortgage procedure once; Interest can be calculated according to the actual loan amount and the actual use days.