Special Loan Scheme for Resumption of Economic Activities in the Northern Province "Awakening North - PH II"

Purpose :

  • Provide credit facilities for resumption of economic activities in agriculture, livestock, fisheries, micro & small enterprises, trade & other self employment projects in the Northern Province

Eligibility :

  • Be a citizen of Sri Lanka
  • Be a permanent resident living in the Northern Province
  • Be able to provide an equity contribution not less than 10 % of the estimated cost of the project
  • Submit a project report which should be acceptable to the bank and should have the repayment capacity
  • Be able to provide suitable collateral acceptable to the bank
  • Should not be a willful defaulter 

Loan Amount :

  • Maximum Rs. 200,000/-

Rate of Interest :

  • 9 % per annum

Repayment Period :

  • Up to 5 years (Including an optional grace period of 6 months)

Area of Operation :

  • Jaffna, Killinochchi, Mulaitivu, Mannar & Vavuniya districts

* 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