New concessionary Pledge Loan Scheme for SME paddy millers

June 30, 2025 at 5:07 PM

The Ministry of Finance has announced that a concessionary Pledge Loan Scheme for SME paddy millers and cooperatives will launch on July 1, 2025.

According to the Finance Ministry,  the Pledge Loan Scheme is being implemented to support Yala season paddy purchases. 

Loans up to Rs. 50 million will be available at 7% annual interest, repayable within 180 days, the Finance Ministry added. (Newswire)