Agricultural Loan Protection Insurance Scheme


Benefits:


This will benefit the Financial Institiutions that contribute to the crop levy by helping them to manage the risks incurred in lending for cultivation of paddy.

claims will be paid for Rs 10,000/= per acre if the damage to crop takes places close to harvesting the amount payable will be 40% (Rs. 4000/=) , if damage occurs within 30 days from the date of sowing and 60% (Rs. 6000/=) if damage occurs there after up to blooming.

Claim Procedure:

The Financial Institiutions should applied claims through relevent divisional secretariat with proper assessment.

More Information:

Feel free to contact us regarding the Agricultural Loan Protection Insurance Scheme.
Telephone : +94 112 026 600
email : nime@nitf.lk
Fax : +94112323006

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