Swashakthi Loan


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.