Land and Development Bank of South Africa: Purpose, Values, FAQ, Contact Details

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Land and Development Bank of South Africa is a government-owned development bank in the Republic of South Africa. The bank was established as a development finance institution in 1912 by the Government of South Africa.

Purpose

The Bank’s objective is to serve South Africa’s commercial and emerging farmers by bringing specially designed financial services within their reach. These services enable farmers to finance land, equipment, improve assets and obtain production credit.

Values

  • Meaningful Contribution
  • Empowerment
  • Organisational Synergy
  • Accountability
  • Pro-active

FAQ

How Can I Get Funding from Land Bank?

​​The general requirements for clients to access funding from Land Bank include:

  • Be a South African citizen or a permanent resident holder;
  • Have a clean credit record;
  • A detailed business plan;
  • Have enough security equivalent to the amount being borrowed; and.
  • Be able to afford the repayments on a loan.

How Do I Get Agricultural Land in South Africa?

To process your application electronically, visit www.dalrrd.gov.za and register via the following link https://ALA.drdlr.gov.za. Manual applications: Forms can be collected from any provincial or district offices of the department of agriculture, land reform and rural development.

How Can I Get Free Land in South Africa?

Visit the office of Rural Development and Land Reform Department and obtain the application form to apply for a grant in terms of the Land Redistribution for Agricultural Development Programme, from the respective department. Complete the application with required and relevant information.

How Can I Buy Farm Land without Money?

Fortunately, there is a solution for many people in this situation and it is called the FSA Direct Farm Ownership Loan Program. This program enables eligible individuals to have access to a land loan without requiring any down payment, nor do they require any experience in the farming industry.

How Do I Get a Loan to Buy a Farm in South Africa?

You can apply for an unsecured loan of up to R25 000. The Micro Agricultural Financial Institutions of South Africa (MAFISA) scheme is set up to provide financial services to smallholder farmers. These loans are specifically for input costs. You can also approach a commercial bank for a loan.

Contact Details

Address: Physical: Eco Glades 2,
Block D, 420 Witch-Ha.
PO Box 375, Tshwane, 0001

Fax: 012 686 0718
Tel: 012 686 0500

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