DFCC Bank - Lending/Concessionay Lending Schemes

DFCC Bank
Lending / Concessionary Lending Schemes

Perennial Crops Development Project Scheme

Objectives

To provide support for the development of the Perennial Crop Sector with a view to broaden the agricultural export base

Salient Features

Eligibility criteria

For Whom

Individuals and registered companies

For What Purpose

Field development of perennial crops

Livestock development with perennial crops

Nursery operations

Agro processing

Market development

Loan Size

Maximum US$ 150,000 (Approx. 13 Million)

Charges

Average Weighted Deposit Rate + 2% p.a.
(currently 12% p.a.)

Term

Maximum of 12 years inclusive of a maximum grace period of 5 years. This will be based on the economic life of the assets financed and the gestation period of the crop. (Negotiable)