Pledge loan facilities have been instrumental in assuring a better price for the farmers, in providing finance to Cinnamon traders to purchase adequate stocks during the harvesting season to maintain a reasonable price on cinnamon.
For Cinnamon traders who purchase Cinnamon from growers under forward sales contract (FSC) arrangements.
Rs. 1 Million
Maximum repayment period is 270 days
Guarantors and pledge over stocks to be purchased
or
Mortgage over immovable properties / Securities acceptable to the Bank
For further Details please contact nearest branch or
Mrs: K,P.S.Weerasingha
Tel: 0112 481348
Fax: 0112 330083
E mail: devfin@peoplesbank.lk