Small & Micro Industries Leader and Entrepreneur Promotion Project II - (SMILE III RF)

Purpose :

  • General Loan
  • Technical Transfer Loan

Eligibility :

  • Any business model like sole proprietorship, partnership, limited liability companies, cooperative societies and any other privately owned enterprise
  • Overall project cost should not exceed Rs. 15.0 million
  • Minimum 25 % equity contribution 

Loan Amount :

  • General loan scheme Maximum Rs. 5.0 million
  • Technical Tranfer Assistance scheme maximum Rs. 2.5 million

Rate of Interest :

  • General Loan Scheme 8 % per annum
  • Technical Assistance Loan Scheme 5 % per annum

Repayment Period :

  • 3 to 10 years including an optional grace period of 3 months to 24 months

Area of Operation :

  • Priority will be given to rural areas

* 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