SEPI Loan Scheme

Self Employment Promotion Initiative Loan Scheme - "SEPI"

Purpose 

  • Provide financial assistance to trained youth who have passed out from recognized vocational training institutions in Sri Lanka, to set up self employment projects. Preference will be given to receive funds under the scheme.

 

Loan Amount 

  • Maximum Rs. 500,000/-

 

Repayment Period 

  • 4 years including an optional grace period of 8 months

 

Area of Operation 

  • All Island

 

* Conditions Apply

(Bank of Ceylon holds the authority to change, add or revise any condition, term or statement in this facility)

 

For more information, please contact the Manager at your nearest BOC Branch or call centre: 011 220 4444

Manager,
Development Banking Division, 
20th Floor, Head Office,
Bank of Ceylon,
No: 01, BOC Square, Bank of Ceylon Mawatha,
Colombo: 01.
Tel: 011 220 4528 / 011 220 4526 / 011220 4527,
Fax: 011 2448606

Eligibility

  • Be a citizen of Sri Lanka
  • Have completed a National Vocational Qualification ProgrammeOR any Skill Development ProgrammeAND an Entrepreneurship Course under  a reputed recognized Vocational Training Institute registered under the Ministry of Skills Development and Vocational Training (MSDVT)
  • Have a suitable location for the proposed enterprise
  • Submit a basic business plan acceptable to the bank
  • Should not be a willful defaulter to any financial institution