A loan scheme introduced to help the small and medium scale entrepreneurs to start self-employments and industries to strengthen the village economy.
Start-ups of new businesses
- Up to LKR 450,000.00 for new young entrepreneurs
- Upto LKR 200,000.00 for new entrepreneurs
- Grant upto LKR 50,000.00 (No repayment)
- Rate of interest 5.5% p.a
- Repayment upto 5 years including 1 year grace period
Expansion and modernization of existing businesses.
- Loans upto LKR 250,000.00
- Rate of interest 5.5%
- Repayment upto 5 years including upto 1 year grace period.
Security
- Suitable security acceptable to the Bank.