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.

• Operational Regions
  All Regions
• Interest Rate
  9% per annum
• Maximum Amount
  Rs.3.0 Mn
• Repayment Period
  05 years, including a maximum grace period of 12 months
• Securities
  Two personal guarantors acceptable to the Bank and, mortgage over a movable or immovable property

• 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

Saubagya Loan Scheme is a special loan scheme designed for the purpose of providing credit facilities for agriculture, livestock, micro, small and medium-scale enterprises (MSMEs).

• Operational Region
  All Regions
• Interest Rate
  8%
• Maximum Loan Amount
  Rs.25,000,000
• Repayment Period
  Maximum 5 years inclusive of 6 month grace period
• Securities
  Securities acceptable to the Bank

• Eligible activities

• New projects of agricultural sector, industries, income generating activities like services, minor scale tourism, purchase of machinery for construction sector
• Facilities will be granted for new and innovative projects and disaster affected projects of above categories.
• Loans will not be provided for the requirements such as the purchase of vehicles and land, constructing buildings, rice mills, garage and for working capital.

It could be difficult to keep up with all of the costs associated with running any enterprises., so entrepreneurs need low-interest self employment loans to help them stay afloat. New People's Fast Loans are designed to assist entrepreneurs to run their projects more efficiently and help them to generate profits.

• Operational Districts
  All Districts
• Areas for which credit is provided
  Agriculture, agro-industries, self-employments, animal husbandry, small industries, providing services and any income generating activity such as businesses
• Eligibility Criteria
  The borrower should be a commercially viable entrepreneur carrying on a micro small or medium scale enterprise at least over a minimum period of 12 months.
• Interest Rates
  Flexible and Competitive interest rates.
• Repayment Period
  Maximum 3 -5 years
• Securities
  Securities acceptable to the Bank

• Maximum/Minimum Loan Amount

• Micro - up to Rs. 250,000/- (Minimum Loan Amount Rs.25,000/-)
• Small - up to Rs. 2,000,000/-
• Medium - up to Rs. 20,000,000/-

• Borrowers’ equity contribution

• • 10% of loan up to 100,000/-
  • 25% of loan over 100,000
• Those entrepreneurs who could initially contribute 50% of the total investment as equity also can avail of the credit facilities.
• The applicants should be within the age group of 18-65 and are permanent residents of the operational area of a branch or should carry out the enterprise within the bank's operational area.
• The applicants should not be defaulters of any financial institution.

People’s Paddy Pledge loan scheme is a special loan scheme introduced with the intention of assisting Paddy Millers and Paddy Collectors in purchasing paddy. It is a valuable resource to maintain and strengthen the continuous supply of paddy and to operate the Mills more efficiently.

• Operational Districts
  All Districts
• Areas for which credit is provided
  Paddy millers and paddy collectors to purchase paddy and other grains.
• Interest Rates
  Flexible and Competitive interest rates.
• Repayment Period
  Maximum 180 days

• Maximum/Minimum Loan Amount

• No upper limit.
• Should not exceed 75% of the value of the paddy or grain stock.

• Securities

• Two personal guarantors with adequate income, assets, financial standing and acceptable to the Bank together with the pledge over the stocks of grains.
  

  Or

• Other securities acceptable to the bank

Ran Aswenna loan scheme is a special scheme for productivity enhancement and commercialization in farming activities. Providing capital to improve the adaptation of technology and modern agriculture practices of farmers.

• Operational Districts
  All Districts
• Eligibility Criteria
  The borrower should be a commercially viable entrepreneur carrying on a business under valid business registration
• Borrowers’ equity contribution
  25% of the estimated project cost.
• Interest Rates
  6.54%
• Repayment Period
  
  • Maximum 5 years
  • For working capital – Maximum 2 years
• Securities
  Securities acceptable to the Bank

• Maximum/Minimum Loan Amount

• Small scale farmers and farmer organizations – Maximum Rs.5 Mn
• Agro processing – Maximum Rs. 300 Mn
• Commercial scale farming – Maximum Rs. 750 Mn

• Areas for which credit is provided

• Farming practices adopting paddy, fruits and Vegetables, Pulses, Floriculture, Horticulture
• Poultry farming and inland fishery farming for modern hatcheries
• Floriculture nurseries.
• Ornamental fish related activities.
• Hi-tech irrigation methods.
• Agro processing activities
• Investment in Silo Storage.
• Construction of rice mills.
• Purchasing of machineries and equipment