This strategic initiative reinforces NDB’s unwavering commitment to supporting the nation’s agricultural sector and empowering local farmers to become key contributors to national economic growth.
Sri Lanka’s coconut industry plays a vital role in both domestic livelihood and export revenue generation.
In response to the growing need for increased production and sustainable development in this sector, the Kapruka Ayojana Credit Scheme has been introduced to provide farmers with the financial resources necessary for cultivating new coconut plantations, rejuvenating existing lands, and adopting modern, productive agricultural practices.
Under this scheme, eligible farmers can access loan facilities of up to Rs. 7 million at a highly concessionary annual interest rate of just 8%, with a repayment period of up to 5 years, including a grace period of up to 12 months.
This initiative is not merely a loan—it's a long-term investment in the future of agriculture, rural development, and economic stability.
The Kapruka Ayojana Credit Scheme offers financing for a wide range of activities including:
- New coconut planting and replanting with intercropping
- Soil and moisture conservation
- Fertilizing, mulching, and crop protection
- Establishment of agro wells and irrigation systems
- Coconut-based integrated farming systems including livestock and equipment
- Nursery development and provision of farm machinery
- Viable large-scale coconut farming projects (subject to technical evaluation)
Speaking on the initiative, Indika Ranaweera, Vice President, SME, Middle Markets and Business Banking stated,
“At NDB, we understand that the strength of our nation lies in the prosperity of our farming communities.
The Kapruka Ayojana Credit Scheme reflects our promise to enable sustainable agricultural development, drive productivity, and contribute meaningfully to Sri Lanka’s economy.
Through accessible and affordable financing, we aim to unlock the true potential of our coconut growers.”
As a responsible financial partner to Sri Lankan farmers, NDB Bank ensures that every step of the process—from loan application to disbursement—is handled with transparency, professionalism, and care.
With a widespread network of branches and a dedicated team of officers, the Bank stands ready to guide and support every aspiring coconut farmer towards success.
Farmers interested in applying for the Kapruka Ayojana Credit Scheme are encouraged to visit their nearest NDB Bank branch to learn more and begin their journey towards agricultural excellence.