Agricultural loans are offered by Bahrain Development Bank with 0% interest rate to be used for development of agriculture production in Bahrain.
The maximum facility amount is BHD 15,000
Who can apply:
The applicant should be a Bahraini
The Applicant should own or lease an agricultural land.
The purpose of the facility should be for development of agricultural production and not other irrelevant activities like constructing a swimming pool etc.
Required documents: (Upon review of the documents, further documents might be required)
Application form
Benefit form
Copy of Smart Card & details
Assignment/ Undertaking for salary transfer, where applicable.
Land Lease Agreement and copy of Land Title Deed.
Quotation for the purchase required.
Bank statements for six months.
In case of applications backed by guarantors:
Application form
Benefit form
Copy of Smart Card & details
Copy of Passport
Bank Account statements for the last six months of the guarantors