How to get a loan for private enterprises. Loan for clients running private farms

You will find out who and under what conditions can take out a loan for agricultural development, which banks provide such financial assistance to individuals, and whether it is even worth applying for a loan for private household plots.

My relative, who lives in one of the villages in the region, having retired, decided to turn her subsidiary farming into a stable source of income. She always grew vegetables for the family on her plot and sold part of the harvest at the market.

Having extensive experience in growing greenhouse and ground cucumbers and tomatoes, she wanted to monetize this advantage. The business idea required money for the construction of greenhouses, covering material, seedlings, and fertilizers.

Loan for agricultural development - if there is no money to start a business

Business starts with calculations. This rule always applies, regardless of the choice of activity, scale and form of ownership.

If you decide to turn your personal subsidiary plot into a profitable business, start with, make an estimate of the costs of the startup. If you have your own savings for investment, great! Having considered all the risks and opportunities, start working. If there is no start-up capital, but the idea looks promising, look for investors.

Options to borrow money from relatives and friends are not available to everyone. The search for investors on Internet platforms is not yet so developed in Russia that it can be recommended to farmers. The state will support only large producers with subsidies.

Therefore, owners of subsidiary farms have only one option left - to the bank. Read on to learn how a startup farmer will be greeted there.

Why the bank doesn’t like private household plots

A bank is a commercial structure aimed at making a profit. Here, the solvency of clients is assessed at the negotiation stage and they require a guarantee of the return of their money with interest.

So, what credit structures don’t like about private household plots:

• According to the law, personal subsidiary farming is a form of non-entrepreneurial activity. That is, the owner of a private household plot does not need to register his enterprise as an LLC or himself as an individual entrepreneur. Everything he produces on his farm he has the right to use, donate or sell. Selling is not considered business. And here lies the first pitfall for obtaining a loan: it is difficult for a bank to assess the profitability of this business, since there are no financial statements. It is impossible to submit a balance sheet or a declaration of individual entrepreneurs, because according to the law such reports are not kept and are not submitted to the tax office;
• There are a number of high-risk industries for lenders. Agriculture is one of the areas where investors are in no hurry to invest money. Seasonality, weather conditions, even the landscape features of the site - all this matters when assessing the attractiveness of the project, and, accordingly, the willingness to lend money;
• Banks don't like financing startups in general. Well, they don’t like to give money to start-up businessmen “for an idea.” Hence the increased requirements for collateral: the lender will want guarantors, collateral and insurance for everything that moves and does not move. And, of course, they will check the client’s credit history.

Read on to learn how to overcome these barriers and get money to develop your private household plot.

Who can get such a loan

My relatives’ business idea required an investment of 250,000 rubles, and they decided to take out a loan. Having learned that money was needed for the development of the economy, the bankers asked for documents and guarantees.

What is required from the borrower:

1. Copy of the passport. The money will be given to a citizen over the age of 23. The limit for the loan term is reaching the age of 70 years. Similar requirements apply to guarantors; some lenders lower the bar for them to 60-65 years. For example, the situation of my relatives: applying for a five-year loan, the main borrower was my wife, her age is 56 years old. And the guarantors were the husband (60 years old) and his sister (54 years old).
2. Extract from the household register for private household plots located within the bank's coverage area. It will not be difficult to register a private plot if all the documents for your own or rented plot are ready. They are transferred to the local administration to enter data into the household ledger. An extract from this book will be required for consideration of a loan application. Attention! According to the terms of the lenders, entries in the registers of local authorities must be made no later than 12 months before applying for a loan. In other words, the bank wants to make sure that the client has at least one year of experience managing private household plots.
3. Documents for the land plot(own or rented), with buildings. Here you will need a lease agreement or a certificate of ownership, a cadastral plan and a technical plan for buildings and communications.
4. Documents for equipment and machines. For example, if the farm has a tractor or truck, prepare a copy of the title.
5. Income confirmation. If you have additional income (salary, pension), prepare certificates.
6. Copies of guarantors’ documents on work experience and income.
7. Other information, at the request of the bank.

“Other” documents deserve special attention. Each loan is issued on individual terms, so they may ask for any documents characterizing their financial situation.

For example, my relatives do not have agricultural equipment, and the lender was not interested in two cultivators. The problem was solved by a title for a passenger car and a registration certificate for a residential building: the total valuation of the property was several times higher than the loan amount.

About, how to register a private plot, read separate publication.

Terms of service

It is impossible to evaluate the terms of lending to owners of private household plots, focusing only on interest.

How much the loan and its subsequent servicing will actually cost you depends on several factors, primarily your solvency.

Percent

In 2018, loan rates for private household plots start from 11% per annum. These would seem to be attractive rates compared to regular consumer programs. But in practice, in order to receive minimum rates, you will need to fulfill the conditions for additional collateral.

Insurance

Taking out a life and health insurance policy for the main borrower and co-borrowers whose income is taken into account when calculating the loan is one of the lender’s conditions. If you refuse insurance, the interest rate will increase by 4-6 points.

Surety

In the example of my relative, a pensioner, two people acted as guarantors. This is explained by the “age qualification”: the bank considered the husband’s age (60 years) critical and demanded that another guarantor be involved.

Pledge

If the lender considers the deal risky, he will ask for collateral. In most cases, this applies to loans of 500 thousand rubles. and higher. The collateral is the purchased equipment, if a loan is taken out to purchase equipment, or land, if money is needed to purchase a plot of land.

So, before going to the bank, you need to assess your chances and be prepared for additional expenses:

• The lender will offer to issue life and health insurance for borrowers. The cost of purchasing the policy will help you obtain a loan at competitive rates. Especially if the insurance is taken out in a company “related” to the bank;
• guarantors are obligated to repay the debt if the borrower fails to meet its obligations. If there are no guarantees that money will be returned on time, there is a risk of ruining relationships with loved ones and solving the problem in court;
• When pledging property, it will have to be insured against damage and loss. The insurance policy is renewed every year until full settlement with the creditor.

Additional information in an article on related topics.

How to get a loan for the development of private household plots— step-by-step guide

So, you have a strong desire to make a profit from your personal farm, you have already drawn up a business plan, agreed with customers and partners. All that remains is to take out a loan.

Here's a step-by-step guide on how to do it.

Step 1. Select a bank and submit an application

The choice of lender is limited by the number of banks offering targeted programs for private household plots and the capabilities of the borrower. We will not consider options for obtaining consumer loans; this is a topic for another article.

Preferential loans for the development of private household plots are issued to clients whose income is directly related to the activities of their personal household. And if there is no confirmation of other sources of income, then the loan is guaranteed to be given by Rosselkhozbank and Sberbank.

Other structures are reluctant to consider applications from clients without individual entrepreneur status, so cooperation with them is possible on other terms.

Step 2. Provide the necessary documents

We have already indicated the list of documents for obtaining a loan above.

At the stage of collecting papers, maintain a constant dialogue with the creditor: he has the right to demand other confirmation of your solvency. For example, a certificate about family composition and spouse’s income, etc.

Step 3. Receive funds and pay off the debt

When the deal is approved, don’t rush to rejoice. Find out under what conditions they give you money and how much it will cost. Lenders set the final conditions (amount, tariff, insurance and security) after reviewing the borrower’s dossier and assessing all risks.

Having accepted an application for 1 million rubles, bankers can approve a loan of 200 thousand rubles, considering the amount of income insufficient. Or they will be asked to pledge real estate, attract guarantors, etc.

After reading the loan agreement and finding out the amounts of all expenses for the transaction (insurance, etc.), re-evaluate your capabilities. Especially if you pledge real estate and transport: in case of non-payment of the debt, you risk being left without property.

After signing the agreement, receive money and give part of your profit to the lender every month. Don’t forget to do this on time: a reputation as a reliable borrower will help you get your next loan faster and cheaper.

Which banks to contact

Loans for the development and management of agriculture can be obtained from several structures; most work with legal entities and individual entrepreneurs running peasant farms.

Rosselkhozbank and Sberbank offer special programs to borrowers - individuals running private farms.

Let's compare their conditions:

About subsidies

Is it worth taking out a loan for the development of private household plots - expert opinion

To take or not to take, that is the question... Everyone makes a decision on lending independently, taking into account the situation and prospects for business development. Experienced farmers are not afraid of the risks of crop failure or EU sanctions if they have a stable base (established production, a fleet of their own equipment, etc.).

What should owners of small private household plots do who want to take their business to a higher level that generates tangible income?

For them, advice from financial advisors:

1. Draw up a business plan and evaluate the profitability of the project - if the expected income allows you to pay all current costs, debts to the bank and receive a net profit of at least 20%, this is a reason to look for investors.
2. Assess your current financial condition and the availability of a “safety cushion” - if you do not have your own funds to cover expenses in the event of a “force majeure” situation, postpone going to the bank.
3. Avoid pledging residential real estate: if something goes wrong, you risk being left without housing - it’s better to attract a co-borrower, take less money, but don’t give away your only house or apartment.
4. Check with your local authorities about subsidy programs and make the most of your rights to get help without going through creditors.
5. Once you receive the money, make payments on time, pay fees and interest on time - and repay the debt ahead of schedule as soon as possible.

Watch the video about what farmers who took out loans faced:

Conclusion

Every entrepreneur has faced a lack of money for development. How to solve this problem and is it worth applying for a loan? There is no universal answer, just as there are no two identical projects.

Do not believe the stories about a certain Pupkin, who borrowed a million rubles without owning anything, and in two years created an agro-industrial holding from scratch. There are no miracles in credit relations with banks!

Agricultural loans are popular with farmers who need to do seasonal work or purchase some equipment. This money can also be spent on purchasing seeds, repairing machines for cultivating the land, purchasing spare parts, purchasing livestock of young animals, etc.

Processing times can be up to 5 years, everything will depend on the goal and the amount the farmer wants to receive. Many banks issue loans for agricultural development from scratch; the main thing is to study the requirements for a potential borrower and prepare a package of documents.

The client collects certificates confirming his level of solvency, as when applying for a consumer loan. But there are some nuances that you need to know and which will be discussed further.

How to use such a loan?

Before taking out a loan for agricultural development, the borrower needs to clarify what package of documents he will need. If you have property that will act as collateral, all the documents for doing business and a stable income, there will be no problems with obtaining it.

It is important to decide on the amount in advance; usually banks easily issue money for a period of up to 5 years to owners of subsidiary plots and for a period of up to 8 years to owners of farms and cooperatives.

If the borrower is already of retirement age, then a prerequisite for obtaining a loan is the presence of a guarantor (perhaps one of the relatives) who will provide assistance in running the household.

Useful material:

Features of the loan

All loans for agriculture can be divided into several groups:

1. issued against the security of equipment;
2. loans secured by crops;
3. loans for the development of your own subsidiary plot;
4. loans secured by agricultural land.

For many banks, the condition for receiving money is the need to make 10 to 20% of the amount as a down payment. The status of a small or medium-sized business is another prerequisite for loans for agricultural development.

Required package of documents

You need to prepare the following papers:

• statement;
• recommendation from the city or rural administration;
• a certificate in form 2-NDFL from the entrepreneur’s place of work or a certificate of receipt of profit from running his own household;
• for borrowers of retirement age - a certificate of pension amount;
• in situations where the desired amount is less than 300 thousand rubles, a guarantor is required. If you need more, you will have to involve two guarantors at once.

An important point - according to the experience of farmers, it is best to take out a loan immediately before spending it. Within three months after receiving the money, you will need to provide the bank with a certificate confirming the intended use of the funds. This way you can calmly spend your money and then collect the necessary papers.

Requirements for applicants

In general, the conditions for farmers are quite favorable, but bank borrowers must still meet a number of criteria: farmers and those engaged in private farming can take out a loan for farm development.

Beginning workers will need to provide a complete business plan, which will be carefully analyzed, the bank will be convinced of the feasibility of the undertaking and will issue them an investment loan.

Potential borrowers are not allowed to have debts to the tax service or contributions to the Pension Fund. The farm must be profitable over a long period of time and in no case be unprofitable.

Typically, the conditions for obtaining a loan are as follows:

1. Loan terms are 3-5 years. You can get on average 150-300 thousand rubles;
2. The application is processed in approximately 5-7 working days, the waiting time will depend on the completeness of filling out the application form and the availability of all necessary documents;
3. It is almost always possible to pay off your debt early without having to pay penalties or fees.

Requirements are also set for the staff; at least 5 specialists must work on the farm, whose qualifications are confirmed by the presence of diplomas or certificates. At least a quarter of the desired amount of money must already be available.

An agricultural loan can only be obtained by an able-bodied borrower who has the ability to attract guarantors or provide collateral - this increases the bank’s loyalty. Most often, real estate plays the role of collateral, but agricultural machinery is also quite suitable.

Is it possible to use benefits?

In some regions, borrowers have the opportunity to obtain a loan for agricultural development under a state program. These loans have lower interest rates and less stringent terms and conditions.

This is an excellent solution for owners of small farms who are just trying to get on their feet, and for large enterprises.

The largest number of loans under this program is issued, and there is a tendency to increase their number. The interest rate usually ranges from 15 to 18%, but it is planned to launch a subsidy program that will allow it to be reduced somewhat.

The state agricultural lending program was launched back in 2008, since then about 1 trillion has been issued to all those in need. rubles

Afterword

You can try to get a loan for current purposes. This is a short-term loan, which is issued for a year or a year and a half, if, according to the borrower’s project, the technological cycle of product production may be slightly delayed.

With this seasonal money, farmers can purchase seeds, feed or combustible materials, as well as pay the cost of renting a plot of land. Here, too, you will need to provide collateral or guarantors; you can take out a loan secured by the future harvest.

In general, the borrower should not have any difficulties. You can clarify any points of interest with a bank consultant at any time and prepare in advance for applying for a loan in order to be sure to receive approval.

More about the map

• Duration up to 5 years;
• Loan up to 1,000,000 rubles;
• Interest rate from 11.99%.

More about the map

• According to the passport, without certificates;
• Loan up to 15,000,000 rubles;
• Interest rate from 9.99%.

Loan from Eastern Bank

Apply for a loan

More about the map

• Duration up to 20 years;
• Loan up to 15,000,000 rubles;
• Interest rate from 12%.

Loan from Raiffeisenbank

Apply for a loan

More about the map

• Duration up to 10 years;
• Loan up to 15,000,000 rubles;
• Interest rate from 13%.

More about the map

• The solution is instant;
• Loan up to 200,000 rubles only with a passport;
• Interest rate from 11%.

Loan from Home Credit Bank.

Apply for a loan

Currently, agriculture is intended to become one of the main directions of state policy. In this regard, individuals, as well as organizations that are interested in its development, are provided with certain support measures. The article will tell you how an individual can get a loan for agricultural development.

Obtaining and launching such loans has a number of features:

1. Intended use of the loan. The specific list of purposes for loans for the development of private household plots is quite wide. The main ones are:

• purchase of seeds, planting material, fertilizers or plant protection products;
• purchase of animals for agriculture;
• payment for electricity used for irrigation;
• acquisition or payment of rent of land, as well as premises that are used in the development of the economy;
• purchase of equipment used for processing agricultural products or for livestock breeding;
• expenses for the development of tourism business in rural areas;
• purchase of cars, tractors, fuels and lubricants, etc.

2. Selecting the period during which benefits for repaying the principal debt will apply. This is due to the fact that many areas of agriculture have a pronounced seasonal nature. This feature predetermines the receipt of the main profit from the development of the economy in future periods.

3. Paying a smaller amount of own funds (compared to standard programs) when receiving a loan for the purchase of machinery or equipment.

4. State subsidization of part of the interest rate. This support may vary depending on the sectors of agriculture, the direction of use of funds and other factors. However, in any case, the government subsidy significantly reduces the cost of the loan.

In the event that physical a person intends to receive a loan for the development of a farm, the requirements for it will differ slightly from the standard conditions.

Firstly, most bank loan programs in this case provide for the provision of collateral. Most often it is a guarantee from an individual/legal entity or a pledge of property. If the purpose of the loan is to purchase machinery or equipment, then they act as collateral for a loan for production development.

Secondly, when analyzing the financial condition, not only income received from the development of private household plots is taken into account, but also all other income (at the place of work, which is the main one; from activities as an entrepreneur, etc.)

Thirdly, the presence of private household plots must be confirmed by an extract from the household register. As a rule, banks require records to show that the business has been in business for at least one year.

Fourthly, the borrower must confirm the availability of the necessary land and equipment.

The leader in providing loans for agriculture is Rosselkhozbank. It currently provides two qualifying personal loan programs. persons * – “For the development of personal subsidiary plots” and “For the development of personal subsidiary plots without security.” Both programs are designed for loans for existing private household plots. The main conditions of Russian Agricultural Bank loans for business development are as follows:

To obtain a loan, the following documents are required:

1. Civil passport of the Russian Federation or other document confirming the identity of the borrower.
2. Documents confirming settled relations with conscription authorities (for men no older than 27 years).
3. Documents confirming the client’s employment.
4. Information demonstrating the financial condition of the borrower.
5. Documents for the selected collateral provided (for a collateralized program).
6. Documents that confirm the right to use the land.
7. An extract from the household register, which contains information about personal subsidiary plots.

• Recommendations of regional representative offices of the Association of Peasant (Farm) Farms and Agricultural Cooperatives;
• Recommendations for agricultural needs. cooperatives, etc. organizations;
• Recommendations from city or village administration;
• Certificate of registration with the tax authority.

1. Since agricultural lending includes the possibility of subsidizing rates, it is advisable to determine eligibility in advance. For each direction and in each subject of the Russian Federation, the requirements may vary.
2. It is necessary to have current entries in the household ledger.
3. At the same time as requesting an extract from the household register, it is also advisable to request recommendations from the head of the local administration. This will confirm the significance of the project for which the loan is being requested.
4. It is advisable to consider the possibility of establishing a grace period for repayment of principal and (or) interest. This will ensure a low credit burden at the beginning of the project.
5. After receiving a loan, it is highly desirable to promptly and fully confirm the intended use of funds. This will allow you to avoid penalties and will not spoil your relationship with the bank.

*Data update date – April 2015.

Rosselkhozbank is one of the most sought-after and popular banks, which provides various types and forms of lending to citizens for targeted and non-targeted needs. You can also take it, but this type of lending requires completely different conditions. To develop personal farming, Rosselkhozbank is also ready to issue a loan with government support at a low interest rate.

Loan for the development of personal subsidiary plots

In order to open your own business, you need to find or come up with an original business idea and find out. Suitable or . Any can also be easily adapted to local conditions, for example, or. But in order to receive a loan for the development of a personal subsidiary plot from the Russian Agricultural Bank, it is necessary that your idea for private household plots fits one of the following expense categories:

• Purchase of fuels and lubricants;
• Purchase of young farm animals;
• Purchase of protective equipment and mineral fertilizers for agricultural plants;
• Payment of electricity;
• Payment of rent for land and premises required in your private household plot;
• Purchase of building materials;
• Various seasonal expenses and expenses.

A loan for these expenses is provided for a period of up to 2 years, but you can get a loan for up to 5 years if larger expenses are planned:

• Purchase of adult farm animals;
• Repair and construction of livestock buildings and pens;
• Purchase of agricultural equipment for livestock farming;
• Purchase of equipment for connecting gas installations;
• Purchase of land for various agricultural needs for personal use;
• Other expenses are average.

You can get a loan from Rosselkhozbank not only for agricultural development. If a citizen of the Russian Federation lives in a rural area, then he can receive money for up to 5 years and for the following types of business:

• Tourism development;
• Development of folk crafts;
• Development of trade;
• Household services for rural residents;
• Procurement of various fruits and berries, herbs and medicinal plants.

The purchase of large agricultural machinery is also possible with the help of credit money from Rosselkhozbank, issued for a period of up to 5 years:

• Cars, dump trucks and others (weighing no more than 3.5 tons);
• Tractors with power up to 100 horsepower;
• Irrigation equipment;
• Tractor trailers;
• Equipment for agricultural processing.

Advice: Before taking out any loan, draw up a business plan for running your subsidiary farm, as well as a list of necessary expenses. In addition, it would be useful to subsequently maintain statistics of expenses and income. This way you will facilitate the process of obtaining the required loan amount with convenient terms for its repayment, get a more objective picture of managing your private household plot and will always be aware of how much money has been spent and how much more is needed for certain needs.

Loan for the development of personal subsidiary farming at Rosselkhozbank - conditions

For the most reliable and regular clients, Rosselkhozbank offers very favorable conditions, but even on general terms, the borrower can count on a cash loan with a minimum period of 3 months and a maximum amount of 1 million rubles (for reliable clients, the amount increases by 500 thousand rubles). In addition, it is necessary to maintain some security for the loan, namely a guarantee from at least one individual and at least one legal entity. Plus, if you want to purchase equipment, you may also need a property deposit. In this case, the bank can combine these conditions at its discretion.

How to get a loan from Rosselkhozbank for private household plots?

So, in order to get a loan from Rosselkhozbank for the development of a personal subsidiary plot, it is enough to have a business idea, determine your expenses so that they fit one of the categories above, and also provide at least two guarantors.

Primary requirements

The borrower must be at least 23 years old and have citizenship of the Russian Federation. The maximum age of the borrower is 75 years at the time of loan repayment and 65 years for the guarantor. Work experience varies depending on the borrower's employment status. If he is a client receiving wages into the account of Rosselkhozbank, his work experience must be at least 3 months at his last place of work, for other clients - at least 6. The potential borrower must have at least 12 months of experience running a personal subsidiary plot with entries in the household book of local governments.

Procedure for granting a loan

In order to receive the required loan amount, you will need to visit the bank office with a certain package of documents and write an application. The application is reviewed by the bank within 5 working days, and after approval, the potential borrower has a period of 45 days to obtain a loan. The bank transfers the loan money to the account of the borrower, who will have to make monthly differentiated or annuity payments (only for an unsubsidized loan). The bank provides the opportunity for full or partial early repayment.

Required package of documents

If you paid for goods and services by bank transfer, then within 90 calendar days from the date of receipt of the loan you must provide the bank with original documents, invoices and invoices, and if paying in cash - original checks certified by a seal. During the same period, it is necessary to provide documents for the purchase of goods and services privately from individuals.

When purchasing equipment, within 75 calendar days you will need to provide a vehicle passport, an act of its transfer, and a document confirming the registration of the right of pledge with Gostekhnadzor.

When connecting gas equipment within 180 calendar days, you will need to provide documents on expenses and a certificate of ownership of the premises.

In addition, you may need an additional set of documents confirming the conduct or termination of activities in agriculture as an individual entrepreneur - the head of a peasant farm (peasant farm).

In addition to the list, you must provide a passport, a loan application form, a statement of economic activity and a certificate of income.

Interest rates

If you are getting a loan for up to 12 months for the first time, your interest rate will be from 16.5%. If you fall under the category of reliable clients, you can count on a rate of 14.9%. For a period of 12 to 60 months, there is an offer at a rate of 16.5% for new clients and 15.5% for reliable ones. If you violate the conditions for providing documents confirming the target direction of the loan, Rosselkhozbank may increase the interest rate by 2.5%. If you refuse to insure life and health in accordance with the terms of the loan for private household plots and the conditions of the insurance company, you should expect an automatic increase in the interest rate by 4.5-5%.

Advice: very often clients tend to refuse life and health insurance when applying for a loan and in some ways they turn out to be right. Indeed, often even with all the commissions and increases in the loan rate, the borrower's payments are expected to be less than together with insurance payments. However, if you plan to repay your loan early, it is better to agree to insurance, because if you repay early, you can get your money back by submitting a written application to the insurance company.

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The government of the Russian Federation today is trying in every possible way to support rural residents and the development of agriculture. In particular, the state is ready to subsidize part of the loan for the costs of developing the personal subsidiary plot of any Russian citizen living in a rural area and ready to seriously take up this type of activity. At the same time, Rosselkhozbank offers a loan for the development of private household plots on favorable terms, a relatively small package of documents, a favorable interest rate and a loan term of up to 5 years.

In contact with

Over the past few years, in connection with the import substitution policy, the state has been actively supporting the development of agriculture in the country. Banks also picked up this trend, issuing specialized loans for the development of farming. You can get a loan for agriculture from Rosselkhozbank on the most favorable terms, because it is one of the leading banks in this area.

Features of a loan for the development of personal subsidiary farming at Rosselkhozbank

State support for agriculture led to a reduction in interest rates on loans with a specific purpose. Thus, a loan for the development of personal subsidiary farming implies loyal conditions for farmers and owners of subsidiary plots. It is presented in three types:

• with security for agribusiness owners;
• without security (without collateral or guarantors);
• restructuring of loans for subsistence farmers.

The peculiarity of obtaining such a profitable loan is its targeted orientation. You can apply for a loan only for specific actions that will be specified in the contract (purchase of equipment, grain, etc.). Moreover, the bank has the right to require documentary evidence of the expenditure of the money received.

Lending purposes

There are several targeted options for obtaining an agricultural loan, differing in terms and conditions.

Lending for a temporary period of up to 2 years is carried out for the following purposes:

The loan is provided for a period of 3 months to 5 years in an amount of up to 1,500,000 rubles. Typically, the largest amounts are approved only for regular customers who have earned the trust of the bank through past cooperation or a good credit history. Money is issued exclusively in rubles.

Basic loan terms:

• lending for a period from 2 to 5 years;
• presence of a guarantor (individual or company) and/or collateral;
• differentiated payments are possible, but in the absence of subsidies, only annuity payments are provided;
• grace period of up to a year if the loan is issued for a short term, up to 2 years for a medium-term one;
• standard rate is 13% (for a period of up to a year) and 15.5% (from a year).

There are also discounts and penalties in the form of additional interest. People who boast a good credit history are highly regarded by the bank and are given a discount of 0.5% on the base rate. As penalties for violating the terms of annual life insurance, the rate increases by 6%. If the client refuses to provide documentation containing information about the purpose of the loan, the rate increases by 2.5%.

The loan application is processed within 7 working days. The entire amount is transferred one-time to the details provided by the borrower within 45 calendar days after approval. There are no additional payments or commissions for the procedure. Payments are made monthly.

In order to receive more detailed conditions and a complete list of documents required for receipt, to leave an application for consideration, you need to contact directly the bank branch where you plan to submit it.

Requirements for borrowers

A loan for the development of private household plots in Rosselkhozbank is issued only to citizens of the Russian Federation who fully comply with the following list of requirements:

1. Age restrictions. The minimum age at which a loan can be issued is 23 years. Citizens under the age of 75 can apply for it; for guarantors, this age is only 65 years.
2. If the client is an individual, then his time of work in his current place must be more than six months. Full work experience must be more than 5 years.
3. Permanent registration in the Russian Federation.

If the borrower receives a salary from Rosselkhozbank, then the minimum length of service at the current place drops to 3 months, and the total length of service to six months. If the borrower is a pensioner and receives a pension from Rosselkhozbank, the requirement for total length of service does not apply to him. If the applicant is running a private household plot, the period of his activity must be at least 1 year.

Income may be funds received from the following sources or as a result of the following activities:

• income that the borrower receives from his main job or part-time job;
• profit from the results of entrepreneurial activity, intellectual work (royals for books, manuscripts, articles, etc.);
• profit from running private household plots;
• pension;
• profit from the rental of real estate.

All income not reflected in personal income tax certificates must be confirmed by other official documents.

Required documents

In order for the lender to consider the application and increase the chances of a positive decision, you need to collect the following documents:

• Certificate of income in the form of a bank;
• Extract from the household ledger;
• Application in the form of a questionnaire for the main borrower, co-borrowers and guarantors (if any);
• Personal subsidiary plot agreement;
• Attachment to the application with the provision of personal data.

By signing the agreement, the borrower undertakes to provide the bank with reports on target costs in the form of the following documents:

1. All payment documents that reflect the purchase and sale of goods and services for the intended purpose (invoices, invoices).
2. Checks and cash receipts confirmed by the company seal.
3. If a product or service was purchased from an individual – acts of acceptance and transfer of goods.
4. If you take out a loan for the purpose of purchasing mechanical equipment, you must provide the original PTS, an agreement for the purchase of equipment, and an acceptance certificate.
5. If the loan is intended for construction or renovation of premises, it is necessary to provide a certificate of ownership and all available accounting documents.

This list is not exhaustive, because Each transaction has an individual character. The bank may require additional information to confirm the client’s solvency and other information relevant to approving the application. A complete list of documents can be obtained from a lending specialist at any branch.

Features of servicing a loan for the development of private household plots

Monthly payment of the loan fee is possible in cash or by bank transfer. You can top up your account without commission using one of the following methods:

• cash through a cash register or self-service terminals;
• using a payment card issued to the borrower’s bank account, through a cash register or self-service terminals;
• by transferring funds from any other account opened with Rosselkhozbank, including using a debit card.

If payment is made in foreign currency, it is converted according to the rate set by the bank directly on the day of payment.

If the client violates the terms of the contract, namely in case of failure to fulfill the obligations assigned to him, penalties will be applied. If no agreement is reached between the parties, the dispute is referred to the court.

Full consultation can be obtained at any bank branch, where you can also leave an application, receive a list of documents and guidelines for action.