Credit Scheme for Fisheries Sector Development - "Diyawara Diriya -II"

Purpose :

  • To increase the total fish production of the country by encouraging the fisheries sector
  • Entourage the fishers to explore the unexploited fish resources
  • Minimize the post harvest loses

Eligibility :

  • Be a citizen of Sri Lanka
  • Be an individual, group of individuals or a registered company engaged in fisheries industry
  • Should not be willful defaulter to any financial institution
  • Have a business plan acceptable to the bank
  • Be a person with the required knowledge, experience and managerial skills to maintain the project profitably
  • Be an owner of a fising boat registered with the Department of Fisheries and Acquatic Resources (DFAR) or Be an owner of operation license
  • Be able to provide recommendation letter from MOFARD, DRAR or Nationa Acquatic Resource Development Authority (NAQDA)

Loan Amount :

  • Minimum Rs. 100,000.00 to Maximum Rs. 10 million

Rate of Interest :

  • Up to Rs. 2.0 million -   6 % per annum
  • Above Rs. 2.0 million - 8 % per annum

Repayment Period :

  • 36 to 60 months including an optional grace period of 3 to 6 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, 

25th Floor, Head Office,
Bank of Ceylon,
No: 01, BOC Square, Bank of Ceylon Mawatha
,
Colombo: 01.
Tel: 011 220 5013 / 011 220 5037 / 011220 5003,
Fax: 011 2445805