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Obtain Loans for Agricultural Purposes by Bank of Ceylon

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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 Mawatha                                                                                                            Bank of Ceylon Square
Colombo 1
Sri Lanka


Mr. S.M.Paranagama
Telephones:+94-11-2446790-811/+94-11-2338741 –55
Fax Nos:+94-11-2321160
Email:boc@boc.lk
Website: www.boc.lk

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Last Updated On: 2009-11-11 09:19:15
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