Agricultural loan
Loans for farmers and agricultural producers, with a grace period.
I want to borrow:
You pay:
274.44₼
monthly for 24 months at 28% a year
- Total repayment
- 6,587 ₼
- Total interest
- 1,587 ₼
- APR
- ≈ 33.3%
Commission: 1–3%. This is an estimate. Final terms are set after your application is reviewed.
Key terms
- Amount
- 1,000 – 50,000 ₼
- Term
- 12–36 months
- Annual rate
- 28–36%
- APR
- 30–38%
- Commission
- 1–3%
Effective annual rate — the real yearly cost of the loan including the commission.
A grace period may apply — only interest is paid during it.
The agricultural loan is designed for farmers and agricultural producers. Farm income is seasonal: costs come in spring and summer, while revenue from the harvest arrives later. That’s why a grace period may be granted on this loan — during it you pay interest only.
Who it’s for
- arable farmers and orchard growers;
- livestock and poultry farms;
- greenhouse growers;
- producers buying machinery, equipment, seed, fertiliser or feed.
Key terms
- Amount: AZN 1,000 to AZN 50,000
- Term: 12 to 36 months
- Annual rate: 28–36%
- Commission: 1–3%
- Repayment: annuity
- A grace period may be granted — only interest is paid during it
According to previously published terms, FİFD on the agricultural loan was 30–38%.
How the grace period works
During the grace period you don’t repay principal — only accrued interest. Afterwards the principal is spread over the remaining months and normal annuity payments begin. This greatly eases the burden until the harvest is sold. Whether a grace period is granted, and for how long, is decided when your application is reviewed.
How to apply
- 1Choose the amount, term and rate in the calculator.
- 2Apply online and mention your type of farm and the purpose of the loan in the comment.
- 3A specialist will contact you within 24 hours to confirm the terms.
- 4The agreement is signed and funds are issued on the agreed terms.
What affects the final rate
Final terms are set after review. In general they depend on the amount and term, how long the farm has operated, the seasonality of its income and credit history.
Payment example
AZN 20,000 over 24 months at 28% a year comes to an annuity payment of about AZN 1,097.77 a month.
About FİFD
A 1–3% commission applies. It doesn’t change the monthly payment but raises FİFD — the effective annual rate. The calculator shows FİFD with the commission included.
Experience with state programmes
Since 2014 Finex Kredit has worked with the state agency financing the agricultural sector, and since 2015 with the Entrepreneurship Development Fund. We have experience of providing concessional loans to farmers in the regions.
How to keep the cost down
- Choose the shortest term whose payment still feels comfortable — the shorter the term, the less interest you pay.
- Borrow only what you really need.
- Pay on time — it also strengthens your credit history for future applications.
- When you can, repay part of the loan early: interest is charged on the outstanding balance, so your costs fall. Check the terms before signing.
- When comparing offers, look at FİFD rather than the headline rate.
Our branches
You can apply online or visit any Finex Kredit branch. Our head office is at the Chinar Park Business Center in Baku. In the regions, our branches in Sumgait, Gabala, Shamkir, Masalli and Goranboy are open on weekdays from 09:00 to 18:00. See addresses and the map on the “Branches” page.
Questions? Call +994 12 311 41 45 or write to us through the contact form on the website.
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Agricultural loan: faq
Didn’t find your answer? Call or write to us.
During the grace period you don’t repay principal — only accrued interest. Annuity payments start once it ends. Whether a grace period is granted is decided after review.