NDB Bank’s ’Kapruka Ayojana’ Investment Credit Scheme

NDB Bank has announced a partnership with the Coconut Cultivation Board (CCB) for the Kapruka Ayojana Credit Scheme, a transformative financial solution designed to boost coconut cultivation and integrated farming systems across Sri Lanka.

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, the bank said in a media release.

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 per cent, 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

- Fertilising, 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.”