Land Bank Pauses New Blended Finance Applications as R325 Million Allocation Runs Out
Farmers Magazine | 29.09.2026 18:16
The Land and Agricultural Development Bank of South Africa has temporarily paused new applications under its Blended Finance Scheme after the full R325 million grant allocation for the 2026/2027 financial year was committed. The pause follows strong demand from farmers seeking affordable agricultural finance through the scheme. Land Bank said the decision is intended to prevent new grant-supported commitments from being made beyond the funding available for the current financial year. The development does not mean that Land Bank has stopped lending to farmers or agribusinesses. Farmers who need finance can still approach the bank for its other agricultural lending products, subject to the normal credit assessment and approval process.