Is the loan period of agricultural projects long and reasonable?
Reasonable. According to the Measures for Inquiring Related Information, the loan amount is 6,543,800+to 3 million yuan, which is reasonably determined according to the borrower's loan purpose, expected income and credit status. In principle, it shall not exceed 70% of the value of infrastructure for agricultural projects or the amount of lease contracts. The loan term shall be reasonably determined according to the production and operation cycle of the "mortgage agriculture" project, and the longest term shall not exceed 10 year. The loan interest rate is reasonably determined according to the borrower's credit status, repayment ability, loan purpose and risk degree. Appropriate interest rate concessions can be given to those who have won honorary titles such as moral model, model worker, outstanding figure and rich leader, or play a leading role in the rural revitalization strategy.