FDH Bank provides this facility to agriculture sector - growers of tobacco, tea, coffee, maize, groundnuts, livestock etc. Growers are allowed to overdraw their current account against cash flow projections up to an agreed seasonal limit.
Tobacco farmers, Commercial farmers, Limited Companies who grow commercial crops and Sole proprietors in rural areas farming on freehold or leasehold land can use the facility to purchase fertilizer, chemicals, pay wages, transport etc.
FDH Bank Requirements
- Farmers and growers must be registered with authorities where applicable
- Crops to be grown on a freehold or leasehold land
- Customers required to put up a maximum of 30% of the total amount from their funds