DEVELOPMENT BANKING
New Comprehensive Rural Credit Scheme

    Loan facilities for Paddy and Subsidiary Food crops are allowed under New Comprehensive Rural Credit Scheme through out the Island.

  • For Whom

    • Farmers who cultivate Paddy and other subsidiary food crops

  • Eligibilities

    • The farmers and the tenant farmers who obtain facilities should be permanent residents of the area and the farmers should be the owner of the agricultural lands.

    • Letter from the Regional / Divisional Officers or Unit Managers (in the Mahaveli area) certifying ownership are adequate for purpose of determining the ownership of lands of where cultivation is done on government land.

    • Age limit 18-65 (applicant over this age limit should apply jointly with a family member who is within the age limit

    Crop Maximum Loan Amount Per Acre
  • Paddy
    		•   
    Irrigated 25,000
    Rainfed 15,000
  • Chilli
    		•  65,000
  • Onion
    		•  95,000
  • Pulsus
    		•   
    Cowpea 21,000
    Green Gram 23,000
    Black Gram 16,500
    Soya Beans 18,000
    Maize 25,000
    Kurakkan 15,500
  • Oil Seeds
    		•   
    Ground Nut 25,000
    Gingelly 12,000
    Sun Flower 8,000
  • Roo & tuber
    		•   
    Potato 175,000
    Sweet Potato 25,000
    Manioc 25,000
    Kiri Ala 30,000
  • Vegetable
    		•   
    Brinjal 40,000
    Bandakka 25,000
    Beet Root 50,000
    Beens 50,000
    Cabbage 90,000
    Carrot 80,000
    Capsicum 80,000
    Tomato 50,000
    Leeks 70,000
    Radish 20,000
    Knoh Khol 25,000
    Luffa 45,000
    Bitter Gourd 45,000
    Snake Gourd 45,000
    Pumpkin 32,000
  • Other
    		•   
    Ginger 70,000


    Maximum amount for nurseries is Rs.500,000/-

  • Repayment Period - Maximum repayment period 270 days.
  • Securities - Personal Guarantee of two farmers or any other acceptable security.