Event Details

“Thurunu Diriya” Loan Scheme

In collaboration with Bank of Ceylon and Ministry of Project Management, Youth Affairs and Southern Development has introduced a new loan scheme to SMEs in Sri Lanka, The main objective of the project is to provide financial assistance to small and medium scale entrepreneurs.

Under this loan scheme, maximum loan amount is Rs. 500,000.00, with interest rate equal to 12%. If machinery purchase by loan, Maximum loan repayment period is 60 months, and the loan repayment limit must not exceed 60% of the lifetime of the machine when purchasing necessary machinery for the business.