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Bank of Ceylon

Obtain Loans for Agricultural Purposes

Banking, Tax & Insurance » Loans

Organisation: Bank of Ceylon

Source : View

new comprehensive rural credit scheme (ncrcs)

  • approved for paddy and other 34 crops
  • credit facilities under “forward sales agreement” for pre and
  • past cultivation activities

eligibility

  1. should be a customer of the bank
  2. should not be a defaulter of the bank or any other financial institution.

securities

  • inter-se guarantee of two farmers
  • any other security acceptable to the bank


documents required

  1. loan application
  2. guarantors' statements
  3. written confirmation for ownership of the land

“govi shakthi” loan scheme

  • to purchase farm equipments required for agricultural mechanism

eligibility

  1. should be a bona-fide farmer
  2. should be a customer of the bank
  3. should not be a defaulter of the bank or any other institution

securities

  • inter-se guarantee of two farmers.(as per loan amount)
  • assignment over comprehensive insurance cover to the bank.


documents required

  1. loan application
  2. guarantors' statements
  3. if mortgage over property–street line certificate,non-vesting certificate and deed

organization information

 bank of ceylon

no.1, bank of ceylon square
colombo 1
sri lanka


mr. w. g. ariyarathna
telephones:+94-11-2446790-811/+94-11-2338741 –55
fax nos:+94-11-2321160
email:boc@boc.lk
website: www.boc.lk