DEVELOPMENT BANKING
Skill Development

    With a view to facilitate the unemployed youth to commence small scale business for those who have completed vocational training program at the Skill Development and Vocational and Technical Education Ministry under the sponsorship of the Asian Development Bank.

  • For Whom
  • For unemployed youth.

  • Product Features
  • Should possess one of the training courses given below.

    • National Youth Service Council
    • National Apprentice and Industrial Training Authority
    • Technical Education and Training Department
    • Sri Lanka Vocational Training Authority
    • GTZ/VTW /CEFE

    Should possess the Entrepreneur Development Training at the above Institutions.

  • Maximum Credit Limit
  • Rs.250,000/-

  • Repayment Period
  • Not exceeding 10 years including the grace period.

  • Rate of Interest
  • The rate of interest applicable is 10%.

  • Securities
  • Below Rs. 100,000/- Inter-se guarantees/guarantee of spouse or parents or brothers or sisters of the family.

  • Above Rs. 100,000/-
  • Movable property with two guarantors or securities acceptable to the Bank.

  • Identified Skills Areas
    1. Auto Painter|
    2. Offs. Machine Operator
    3. Welder
    4. Ref. & A/C Mechanic
    5. Auto Tinker
    6. Carpenter (furniture)
    7. Beauty Culturist
    8. Auto A/C Mechanic
    9. Auto Electrician
    10. Footwear Maker (Leather)
    11. Graphic Designer
    12. Auto Mechanic
    13. Plumber
    14. Machinist
    15. Tool & Die Maker
    16. Electrician
    17. Computer Hardware Technician
    18. Baker
    19. Mason
    20. Plastic Processing Machine Operator
    21. Boiler Operator
    22. Bar bender
    23. Rubber Processing Machine Operator
    24. Surveyor
    25. Jewellery Stone Setter
    26. Industrial Plumber Operator
    27. Aluminium Fabricator
    28. Work Study Officer
    29. Computer Network Technician
    30. Computer Type Setter
    31. Fabricator (Metal)
    32. Fruit & Vegetable Processor
    33. Household Electrical and Electronic Equipment repairer
    34. Jewellery Manufacturer
    35. Radio, TV and Allied Equipment Repairer
    36. Motor Cycle Mechanic
    37. Computer Programme Operator
    38. Industrial Sewing Machine Operator
    39. Store Keeper
    40. Computer Programme Operator
    41. Biomedical Technician
    42. Tea Factory Machine Operator
    43. Pneumatic Technician
    44. Motor Winder
    45. Carpenter (Building)