Bank of Agriculture Nigeria, loan requirements and procedures

Bank of Agriculture Nigeria

Bank of Agriculture Nigeria, loan requirements and procedures

Bank of Agriculture Nigeria – The importance of funding for agricultural produce cannot be over emphasized, having been a reoccurring phenomenon, farmers in Nigeria are grossly under-financed.

Are you a farmer, in search of funds to expand your production for maximum yield, search no more, kindly read this article to the end.

I am dedicated to outlining simple and affordable steps in this guide that will aid you the necessary funding any day via Bank of Agriculture Nigeria loan.

I will likewise detail you on the following:

  • Bank of Agriculture loan requirements
  • Bank of Agriculture loan 2018/2019
  • Functions of Bank of Agriculture Nigeria
  • Bank of Agriculture Ibadan
  • Bank of Agriculture Nigeria salary
  • Bank of Agriculture BOA Ikeja
  • Bank of Industry
  • Bank of Agriculture Badagry

WHAT IS BANK OF AGRICULTURE NIGERIA (BOA)

Bank of Agriculture is a Nigerian government sponsored bank that provides credit facilities to both Small and large scale farmers, as well Small businesses within rural areas.

The Bank of Agriculture was incorporated in 2000 as well the asset of National Agricultural and Corporative Bank, People’s Bank and the Family Economic Advancement Project.

You may also like: How to access Development Bank of Nigeria loan

FUNCTIONS OF BANK OF AGRICULTURE NIGERIA (BOA)

  • BOA provides credit facility to rural farmers as well dedicated to growing Small businesses which meets the fundamentals of its establishment.
  • BOA performs a developmental function such as availing technical support to rural farmers.

HOW TO APPLY FOR BANK OF AGRICULTURE NIGERIA LOAN 2018/2019

There isn’t usually unique arrangement for this application, however, kindly walk in to any Bank of Agriculture (BOA) office in your area/location. Request for a loan application form, fill and submit same ass appropriately addressed.

The facilitator will communicate all requirements suitable for the facility you’re applying for.

BANK OF AGRICULTURE LOAN REQUIREMENTS

To access this loan, you will provide the following:

  • You must have completed an account opening form
  • You need to get a signed mandate card as recommended.
  • You should make available three passport photographs
  • A duly signed set of letter as required
  • A verifiable means of identification like PVC, National ID card, Drivers’ license etc.
  • You will provide a recent copy of your utility bill not older than 3 months.
  • Minimum account opening balance of N2k.

BANK OF AGRICULTURE IBADAN

Bank of Agriculture Ibadan office branch is located at BOA Plaza, Oba Ademola Road, Total Garden, Ibadan Oyo State.

Branch email:agodibr@boanig.com

Customer care line: 08129912589

BANK OF AGRICULTURE BIRNIN KEBBI

Kebbi branch is located at 44, Emir Usman Road, Rafin Atiku, Kebbi.

Brand email:birnikebbi@boanig.com

Customer care line: 08129912585

BANK OF AGRICULTURE OWERRI

Located at 7, Tellow Road, Owerri.

Branch email:Owerribr@boanig.com

Customer care line: 08129912568

BANK OF AGRICULTURE KANO

Located at Jos Road, Kwairanga Area T/Wada

Branch email: tudunwadabr@boanig.com

Customer care line: 08129912572

BANK OF AGRICULTURE IKEJA

Locate at BOA Plaza, Plot 65, NERDC Road, Agidingbi, Ikeja Lagos

Branch email: agegebr@boanig.com

Customer care line: 08129912592

BANK OF AGRICULTURE BADAGRY

Located at 1, Joseph Dosu way, Topo, Badagry, Lagos sate.

Branch email: badagrybr@boanig.com

Customer care line: 08129912593

BANK OF AGRICULTURE SALARY: BOA does not really have a kind of special salary for its staff, they adopt same salary structures as other Ministries, Departments and Agencies usually in CONHESS and CONMESS salary structure as the case may be.

You may also like: 24 hour payday loans in Nigeria for your emergency cash needs

BANK OF INDUSTRY: This is the oldest and largest deposit finance institution in Nigeria. It’s under Federal Ministry of Industry, Trade and Investment, task with providing assistance for establishment of larger medium and small projects as well rehabilitation of existing ones. This is aimed at financing industrial production.

Conclusion

The Bank of Agriculture Nigeria provides an opportunity to acquire facilities aimed at improving agricultural production in varying sectors, avail yourself the opportunity that abounds and get the necessary financing your farm deserves. Use the comment box below for your enquiry and questions.

 

Raphael Orji
About Raphael Orji 229 Articles
Raphael is a seasoned and dynamic writer, with interest in Banking, personal finance, entrepreneurial development. A councillor and motivational speaker.

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