A A A
A A A

Refinance
Loans

Kapruka Ayojana Loans

Kapruka Ayojana Loan Scheme is a concessionary financial assistance service conducted by The Coconut Cultivation Board (CCB) in collaboration with People’s Bank, to provide investment capital for the development of coconut lands. Through this credit scheme, financial assistance and technical advisory services are provided to coconut growers in concessionary terms under 10 development categories. The primary objective of this funding service is to facilitate the development of coconut lands as whole farm units, where integrated farming systems are encouraged to attain high productivity and production.

Features

Operational Regions

  • All Districts

Interest Rate

  • 8% per annum

Maximum Amoun

  • Rs.3.0 Mn

Securities

  • Two personal guarantors acceptable to the Bank and, mortgage over a movable or immovable property

Eligibility

Areas for which credit is provided

  • Coconut new planting & inter-cropping
  • Coconut replanting & inter-cropping
  • Rehabilitation of coconut lands & inter – cropping
  • Special projects related to coconut cultivation
  • Coconut mono-cropping
  • Establishment of drip irrigation system
  • Establishment of flexible pipe-line water projects. (hose irrigation system)
  • Farm machinery for coconut intercropping
  • Nursery establishments
  • Cattle, sheep, goat farming under adult coconut plantation
×
Share your feedback

Are you an existing People's Bank customer?

0/1000