At Land Bank, our sole objective is to serve South African commercial and emerging agriculture by bringing specially designed financial services within the reach of farmers across the nation. These services enable farmers to finance land, equipment, improve assets and obtain production credit. Today, the Bank is a true South African development finance institution that strives to serve all farmers equally.

What are the qualifying criteria to access finance from Land Bank?

​The general requirements for clients to access funding from Land Bank include:

• Be a South African citizen;
• Have a clean credit record;
• A clear business plan;
• Have enough security equivalent to the amount being borrowed; and
• Be able to afford the repayments on a loan

NB. We acknowledge that some clients, especially new generation farmers, may not have the necessary security or credit profile to meet the funding qualifying criteria. This is why we encourage all applicants to get in touch with their nearest Land Bank branch for a detailed list of requirements based on their needs. 

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Do I need collateral or security to access finance?

​Yes, collateral or security is generally a requirement to access funding from Land Bank.

However, we acknowledge that some potential clients may not have access to collateral or security. We advise all applicants to get in touch with their nearest Land Bank branch for a detailed list of requirements based on their needs.

Click here​ to get in touch

What are your interest rates?

​Our interest rates vary from client to client. We take a number of factors into consideration before offering a particular interest rate to a client. Chat to your nearest Land Bank branch to find out more about this.​

Why must I pay interest?

​While we have a development mandate, Land Bank operates like any other bank, in accordance with sound banking principles. We do not receive any direct financing from Government and we look to the commercial markets to raise funding to fulfil this mandate. As such, interest charged is in lieu of these costs. Land Bank, does, however, have interest subsidy facilities in place to improve affordability. Chat to your nearest Land Bank branch to find out more about this.​

What are your typical loan repayment terms?

​There are various repayment periods depending on the term of the loan:

• Short-term loans - 1 to 3 years
• Medium-term loans: 3 to 12 years
• Long-term loans: 12 to 25 years

Do I have to pay a deposit if I want to buy a farm?

Generally, yes, a deposit is required. If you buy machinery/ equipment, tractors, bakkies or any movables assets, we finance 100% if it’s brand new and 80% if it’s second hand. However, there are alternative options available and we recommend that you get in touch with your nearest Land Bank branch to find out more.​

Do you offer grants?

No, Land Bank does not offer grants. Clients seeking agricultural financing support in the form of grants are encouraged to approach the Department of Agriculture, Forestry and Fisheries or the Department of Rural Development and Land Reform.​

Can you assist with drafting business plans?

​No, but we do have a user friendly business plan template that we offer to all applicants. We can also put you in touch with the right people who can support you through this process.​

Do you assist farmers with training and technical support once a loan is granted?

​We can connect clients who require training and technical support to one of our specialist partner organisations who will be able to assist with this.​

Contacts:

For any Enquiries or to get in touch with your nearest Landbank Branch please visit our contacts page: Click Here

To Access our Product Brochure: Click Here