DEVELOPMENT BANKING
Revolving Loan Fund Established for Extension of Refinance Facilities for Resumption of Economic Activities in the Eastern Province
  • OBJECTIVE

    • Provisioning of credit facilities required for capital investment for resumption of economic activities in the Eastern Province.

  • Project Area - Districts

    • Project will be implemented in all the Districts in Eastern Province (Ampara, Trincomalee, Batticola,)

  • Eligible Activities

    • Agriculture and related activities
    Livestock development Liquid milk production
    Poultry
    Goat Farming
    Fisheries and related activities
    Micro and small scale Enterprises
    Trade and other self employment projects

  • Loan Amount

    • Maximum loan amount Rs. 250,000/=

  • Repayment Period

    • Five (5) years.
    To be repaid within 60 months with a maximum of 06 months grace period.

  • SECURITIES
    • Two personal guarantors acceptable to the Bank.
    • Mortgage over a movable or immovable property.
    • Other security acceptable to the Bank.