Kapruka loan has been designed in collaboration with the Coconut Cultivation Board to extend credit facilities to cultivators to encourage domestic coconut production.
Eligible Sectors
- New planting coconut with inter-cropping
- Replanting coconut with inter-cropping
- Inter-cropping of mature coconut plantation
- Rehabilitation of mature coconut
- Coconut replanting as a mono crop
- Irrigation for coconut inter-crop farming systems
- Farm equipment for coconut estates
- Nurseries for pineapple and banana
- Animal Husbandry in the coconut plantation
Maximum Loan Quantum
- LKR 3,000,000.00 per person per project up to a maximum of 02 projects
Repayment Period
- 5 years with an optional grace period of 01 year.
Interest Rate
| Details | Rates %p.a. |
|---|---|
| 5 Years | 9.00% |
Security
- Security acceptable to the bank.
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