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Fixed Deposit Rate - 3 Months
Loan Rate - Residential Housing
Loan Rate - Personal Loans
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New Comprehensive Rural Credit Scheme (NCRCS)

NCRCS has been introduced with the primary purpose of uplifting the socio-economic conditions of micro and small scale farmers who engage in cultivation of seasonal (short term) corps by funding working capital requirements at a lower costs.

  • Operational Regions
    All Districts
  • Areas for which credit is provided
    Paddy, Chilies, Potatoes, Onion, Vegetables, Grams, Soya Beans, Other Root & Tuber, Maize, Ginger, Oil Seeds, Sugar Cane and other subsidiary crops.
  • Interest Rate
    7%
  • Maximum Amount
    Rs.500,000/-
  • Repayment Period
    Maximum – 270 days
  • Securities
    Inter-se Guarantee of two farmers or other acceptable guarantees
Self Employment Promotion Initiative Phase II - Loan Scheme (SEPI – II)

SEPI – II Loan Scheme is a special loan scheme designed for the purpose of providing financial assistance to trained youth who passed out from recognized vocational training institutions in the country for establishment of their own self-employment projects

  • Operational Region
    All Regions
  • Interest Rate
    7%
  • Maximum Loan Amount
    Rs.500,000/-
  • Repayment Period
    Maximum 5 years inclusive of 6 month grace period
  • Securities
    Any Security acceptable to the Bank, such as personal guarantors/ immovable property/ movable property
  • Eligible borrowers

Sub-borrowers should have completed a National Vocational Qualification (NVQ) Program or any skills development program and an entrepreneurship skills development program under a recognized vocational training institute registered under Ministry of Skills Development and Vocational Training (MSDVT) and,

  • Should have a suitable location for the proposed enterprise.
  • Should be able to submit a business plan for review and approval of the Bank.
  • Preference will be given to trained women to receive funds under the SEPI II Loan Scheme.
Diri Saviya Loan Scheme

DIRI Saviya loan scheme has introduced to strengthening small scale traders in the poultry business and enhance market opportunities of the poultry industry.

  • Operational Districts
    All Districts
  • Areas for which credit is provided
    To purchase refrigerators to new self employed traders.
  • Interest Rates
    0%
  • Maximum/Minimum Loan Amount
    No limitation
  • Repayment Period
    Maximum 4 years
  • Securities
    Securities acceptable to the Bank
  • Eligibility Criteria
  • The borrower should not be a Government employee , private sector employee , full time / part time employee in other employment sector , a citizen of a another country or a person living abroad.
  • Should provide evidence for valid business registration under the Department of animal production and Health and membership of the Poultry Producer’s forum.
Govi Navoda Loan Scheme

Govi Navoda loan scheme has introduced to assist farmers and farmer co-operatives to mechanize the agricultural activities, to apply new advanced technology and modern agricultural practices and provide opportunities for farmers to move from subsistent level to commercial level agriculture.

  • Operational Districts
    All Districts
  • Areas for which credit is provided
    To purchase of machines for mechanizing cultivation activities
  • Eligibility Criteria
    The borrower should not be a Government employee , private sector employee , full time / part time employee in other employment sector
  • Interest Rates
    3.27%
  • Maximum/Minimum Loan Amount
    Rs. 500,000
  • Repayment Period
    Maximum 5 years
  • Securities
    Securities acceptable to the Bank
Vanitha Saviya Loan Scheme

In line with the Governments’ vision towards development of women entrepreneurs in the country Bank has decided to introduce a new development lending loan scheme in order to make banking access to wider segment of women entrepreneurs engaged in commercially, technically and financially feasible business activities.

  • Operational Districts
    All Districts
  •  
  • Eligibility Criteria
    For feasible income generating activities of the women entrepreneurs.
  • Interest Rates
    9.5%
  • Maximum/Minimum Loan Amount
    For Investment Purposes – Rs.500,000/-
    For Working Capital Purposes – Rs.200,000/-
    For New Entrants – Rs.120,000/-
  • Repayment Period
    For Investment - Maximum 05 Years Including 03 months grace period.
    For Working Capital – Maximum 02 Years without grace period.
  • Age Limit
    Should be 25 to 65 years.
  • Securities
    For Loans up to Rs.200,000 – Two Suitable Personal Guarantees or any other securities acceptable to the Bank.
    For Loans over Rs.200,000 – Two Personal Guarantees with one being a Government servant or any other security acceptable to the Bank.
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