A credit scheme that facilitate to increase production of coconuts, productivity of coconut lands, employment opportunities in coconut plantations and enhance farm income and standard of living of coconut farmers.
Objective
Finance coconut plantes to carry out sustainable development in there coconut plantations
For Whom
Owners and lease holders of coconut lands
Loan Amount
Maximum up to LKR.10 Million for special projects
Eligible Loan Categories
New and Re planting of coconut with Inter- cropping
Rehabilitation of coconut plantation
Coconut mono cropping
Irrigation for coconut Inter-crop farming systems
Nurseries – Pineapple, Banana
Farm equipment for coconut estates
Cattle / goat / sheep husbandry
Special project
Interest Rate
12% up to LKR. 500,000/- *
12% above LKR.500,000/-*
Repayment Period
Up to a maximum of 5 years
* Interest quoted is subject to change at the Bank discretion
