Announcement of Support Loan to Farmer

President Recep Tayyip Erdoğan gave good news to the farmers at the Ziraat Bank Agricultural Ecosystem Meeting. How much and how to get farmer loan support? Who is the farmer support loan given to?

President Recep Tayyip Erdoğan announced new support packages to farmers. Accordingly, the 'farmer support loan' will be offered with an annual interest of 250 percent and a maturity of 9.75 months, up to 36 thousand TL per person.

In the Agricultural SME loan, the upper limit is 15 million TL, and the annual interest rate of the rate excluding the portion paid by the state will be 4.75 percent. Terms of up to 10 years can be applied to investment loans.

The 'agricultural debt transfer loan' will have an upper limit of 5 million TL, an annual interest rate of 9.75 percent and a maturity of 60 months. Farmers who have used high loans from other banks will be able to close their loan debts with favorable interest rates from Ziraat Bank with this loan.

DETAILS ABOUT FARMERS SUPPORT LOANS

• We start with the good news that we will implement the farmer support loan. Up to 250 thousand TL per person, the annual interest will be 9.75 and the maturity period will be up to 36 months.
• Agricultural SME loan; The upper limit is 15 million TL, and the annual interest rate is 4.75 percent, excluding the portion paid by the state. A maturity of up to 10 years can be applied for investment loans.
• Agricultural debt transfer loan has an upper limit of 5 million TL 9,75 percent and a maturity of 60 months. We will ensure that our farmers, who have used high loans from other banks, can be closed with loans at affordable interest rates in our Ziraat Bank.
• I want to increase Ziraat Bank's loans to young and female farmers from 500 thousand TL to 1 million TL.
• From our farmers in the Agricultural Loan follow-up account, the interest of our farmers who make the principal payment will be deleted.
• One of the titles of the Century of Turkey is the 'Century of Production'.
• If you gather the ball of those who do not have good words in their language, they cannot even come close to the revenue of our meeting here.
• You have to sweat to produce. It takes experience and preparation to be successful.