CBN Agric Business Loan Form is Out – Apply Now

The governor of the Central Bank of Nigeria recently announced the start of the application process for loans to qualified Nigerians in order to combat the country’s economic hardship. However, you should be aware that many people will be applying for this opportunity, so you should do everything possible to apply for the CBN Agric Business Loan. However, before applying for this loan, you should be aware of the requirements for this CBN Agric Loan.

ELIGIBLE STATES FOR CBN AGRIC LOAN

  • Abia State
  • Adamawa State
  • Akwa Ibom State
  • Anambra State
  • Bauchi State
  • Bayelsa State
  • Benue State
  • Borno State
  • Cross River State
  • Delta State
  • Ebonyi State
  • Edo State
  • Ekiti State
  • Enugu State
  • Federal Capital Territory
  • Gombe State
  • Imo State
  • Jigawa State
  • Kaduna State
  • Kano State
  • Katsina State
  • Kebbi State
  • Kogi State
  • Kwara State
  • Lagos State
  • Nasarawa State
  • Niger State
  • Ogun State
  • Ondo State
  • Osun State
  • Oyo State
  • Plateau State
  • Rivers State
  • Sokoto State
  • Taraba State
  • Yobe State
  • Zamfara State

Eligibility for CBN Agric Business Loan Application

Businesses in the following industry are eligible for the AGSMEIS Loan:
•  Agricultural sector.
• Real sector including Manufacturing, mining, and petrochemicals.
•  Service sector including Information and Communication (ICT) and the Creative Industry.
•  Other businesses as determined by the Central Bank of Nigeria (CBN).

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General Requirement for CBN Agric Business Loan Application

Duly completed application form which you can apply here.
•  Bank Verification Number (BVN).
•  Certificate of Training from recognized Entrepreneurship Development Institution (EDI) or evidence of membership of organized private sector
•  Letter of Introduction from any of the following, Clergy, Village Head, District Head, Traditional Ruler, senior civil servant, etc. (for individuals/ micro enterprises only).
•  Evidence of registration of business name or certificate of incorporation and filing of annual returns (where applicable) in compliance with the provisions of the Companies and Allied Matters Act (1990).
•  Tax Identification Number (TIN) and current Tax Clearance Certificate TCC) where applicable.
•  To qualify to access this fund, you need to have been trained by an Enterprise Development Institute after which you will fill the form. They will submit your form to CBN.
•  CBN will ask banks to verify your account details and then CBN proceeds to conduct its own assessment.

How to Apply for CBN Agric Business Loan

Click here to Apply

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