A A A
A A A

Micro Finance
Loans

NCRCS Loans

NCRCS has been introduced with the primary purpose of uplifting the socio-economic conditions of micro and small scale farmers who engage in cultivation of seasonal (short term) corps by funding working capital requirements at a lower costs.

Features

Operational Regions

  • All Districts

Interest Rate

  • 8%

Maximum Amount

  • Rs.500,000/-

Repayment Period

  • Maximum – 270 days

Securities

  • Inter-se Guarantee of two farmers or other acceptable guarantees

Eligibility

Areas for which credit is provided

  • Paddy
  • Chilies
  • Potatoes
  • Onion
  • Vegetables
  • Grams
  • Soya Beans
  • Other Root & Tuber
  • Maize
  • Ginger
  • Oil Seeds
  • Sugar Cane
  • other subsidiary crops.

Contact Us

  • No.75, Sir Chittampalam A. Gardiner Mawatha, Colombo 2, Sri Lanka.
  • Contact no : 0112382346
  • mailto:info@peoplesbank.lk
×
Share your feedback

Are you an existing People's Bank customer?

0/1000

Chairman

Mr. Sujeewa Rajapakse

Mr. Sujeewa Rajapakse is a Managing Partner of BDO Partners which is the local representative of BDO - the fifth largest accounting network in the world. A Fellow of the Institute of Chartered Accountants of Sri Lanka (FCA) and a Fellow of Institute of Chartered Management Accountants of Sri Lanka (FCMA), Mr.Rajapakse holds a Master of Business Administration (MBA) from Postgraduate Institute of Management (PIM), University of Sri Jayewardenepura. During his professional career that spanned nearly four decades, he held the honorary positions of President, Vice President and Council Member (elect) of the Institute of Chartered Accountants of Sri Lanka (ICASL), Former Chairman of Auditing Standards Committee of ICASL, President of Practicing Accountants Forum of Sri Lanka, Treasurer of Sri Lanka Cricket, Treasurer for Cricket World Cup 2011, Board Member and Technical Advisor to South Asian Federation of Accountants (SAFA), Technical Advisor to Confederation of Asia Pacific Accountants (CAPA) and Council Member of University of Sri Jayewardenepura. He has also served in the directorates of National Development Bank PLC, Softlogic Insurance PLC, Dipped products PLC, Heycarb PLC, Development Holdings (Pvt) Ltd, Lanka Holdings (Pvt) Ltd, NDB Capital Ltd – Bangladesh, The Finance Company PLC and Unidil Packaging.

Director

Mr. Dushmantha Thotawatte

Mr. Dushmantha Thotawatte was appointed to the Board of Directors with effect from 08.07 2022. Mr.Thotawatte is a fellow member of the Institute of Chartered Accountants of Sri Lanka with a Bachelor of Commerce (Special Degree) from the University of Sri Jayawardhanepura & a Master in Financial Economics from the University of Colombo. He is an accomplished leader who has extensive experience in the field of Financial Management, Corporate Governance, Strategic Management and Public Relations, together a successful track record as Chief Executive Officer, Chief Financial Officer and Chief Internal Auditor in many state owned enterprises and private organizations and counts over 38 years of experience.