Agrobank SME Loan Malaysia 2026
Agrobank (Bank Pertanian Malaysia Berhad) is Malaysia's specialized development financial institution for the agriculture and agro-based sectors. As the primary financier for farming, fisheries, and agribusiness, Agrobank offers loans up to RM10 million with rates from 4.0% p.a. for eligible agricultural businesses.
Quick Facts
Agrobank SME Products
| Product | Loan Amount | Interest Rate | Tenure |
|---|---|---|---|
| Agro Financing | RM10,000 - RM10,000,000 | 4.0% - 7.0% p.a. | 1 - 15 years |
| Working Capital | RM10,000 - RM5,000,000 | 4.5% - 7.5% p.a. | 1 - 5 years |
| Farm Equipment/Machinery | RM10,000 - RM3,000,000 | 4.0% - 6.5% p.a. | 1 - 10 years |
| Agro Property | RM50,000 - RM10,000,000 | 4.0% - 6.0% p.a. | 5 - 25 years |
| Micro Agro Financing | RM1,000 - RM50,000 | 4.0% - 5.5% p.a. | 1 - 5 years |
Pro Tip
Agrobank offers some of the lowest rates in Malaysia for agriculture businesses. If your business involves farming, food production, or agro-processing, always consider Agrobank first.
Eligible Industries & Sectors
Primary Agriculture
- Crop farming (vegetables, fruits, rice, palm oil)
- Livestock (poultry, cattle, goats, sheep)
- Aquaculture & fisheries
- Forestry & timber
Agro-Based Industries
- Food processing & manufacturing
- Animal feed production
- Fertilizer & agricultural inputs
- Cold chain & logistics
Agro Services
- Agricultural machinery
- Farming supplies retail
- Veterinary services
- Agriculture technology
Sector Focus
Agrobank primarily serves agriculture and agro-based businesses. Non-agricultural businesses should consider other banks, though food service businesses with agriculture linkages may qualify.
Eligibility Requirements
Who Can Apply for Agrobank Financing
- Malaysian citizen or Malaysian-owned company (51%+)
- Business in agriculture or agro-based sector
- Valid business registration (SSM or relevant license)
- Minimum 1 year operation (flexible for agriculture)
- Viable business plan with agriculture focus
- Good credit record
Special Eligibility
Agrobank has flexible requirements for:
- Young farmers (under 40) - Special programs available
- Women entrepreneurs - Women in agribusiness schemes
- Startups - Agricultural startups with strong business plans
- Smallholders - Individual farmers with smaller financing needs
Documents Required
Agrobank Financing Documents
- SSM registration or farming license
- IC copy of applicant/directors
- 6 months bank statements
- Financial statements (if established)
- Business plan with agriculture focus
- Land title or lease agreement (for farming)
- Relevant permits (DOF, DVS, as applicable)
- Quotations for equipment (if applicable)
How to Apply
- Verify eligibility - Confirm your business is in eligible sector
- Select appropriate product - Choose based on financing need
- Prepare documents - Gather required paperwork
- Branch visit - Apply at Agrobank branch (150+ nationwide)
- Site visit - Agrobank may inspect farm/facility
- Assessment - Credit evaluation (7-21 working days)
- Approval & disbursement - Funds released after signing
Processing Time
| Financing Type | Processing Time |
|---|---|
| Micro Agro (up to RM50k) | 5-10 working days |
| Standard Agro Financing | 14-21 working days |
| Equipment Financing | 10-14 working days |
| Property Financing | 21-30 working days |
Agrobank vs Other Banks
| Bank | Loan Amount | Interest Rate | Tenure |
|---|---|---|---|
Maybank Popular | RM 50,000 - RM 5,000,000 | 4.5% - 8% p.a. | 1-7 years |
CIMB Popular | RM 50,000 - RM 3,000,000 | 5% - 9% p.a. | 1-7 years |
RHB Popular | RM 30,000 - RM 2,000,000 | 5.5% - 10% p.a. | 1-5 years |
Public Bank Popular | RM 50,000 - RM 5,000,000 | 4.8% - 8.5% p.a. | 1-7 years |
* Rates are indicative and subject to bank approval. Contact us for actual rates.
Government Programs Through Agrobank
Agrobank administers several government schemes:
Skim Kredit Pertanian (Agricultural Credit Scheme)
- Low-interest financing for farmers
- Government-subsidized rates
- Flexible collateral requirements
Dana Khas Perikanan (Fisheries Fund)
- For aquaculture and fishing businesses
- Equipment and working capital
- Lower rates for fisheries sector
Skim Belia Tani (Young Farmer Scheme)
- For farmers under 40 years
- Startup-friendly requirements
- Mentorship program available
Skim Wanita Agropreneur
- For women in agribusiness
- Supportive assessment criteria
- Business development assistance
Pro Tip
Ask Agrobank about government-subsidized schemes. These often offer rates 1-2% lower than commercial financing.
Islamic Financing Options
Agrobank offers Shariah-compliant alternatives:
| Product | Islamic Equivalent |
|---|---|
| Agro Financing | Agro Financing-i |
| Working Capital | Working Capital-i |
| Equipment Loan | Ijarah (Lease) |
| Property Loan | Property Financing-i |
Advantages of Agrobank
| Feature | Benefit |
|---|---|
| Lowest rates | 4.0% for agriculture sector |
| Rural presence | Branches in agricultural areas |
| Sector expertise | Staff understand agriculture |
| Government schemes | Access to subsidized programs |
| Flexible collateral | Crops/livestock as security |
Frequently Asked Questions
Frequently Asked Questions
Disclaimer: Interest rates, loan amounts, and eligibility requirements shown are indicative and subject to change. Contact the respective bank or institution directly for the latest rates and terms. Last reviewed: January 2026.
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