"BOC DIVI MAGA" Credit Scheme - An Amalgamated Self Employment Credit Scheme

Purpose :

  • Uplift the living standard of the rural community
  • Assistance to the self employment sector
  • Utilization of resources in the rural areas

Eligibility :

  • Be a citizen of Sri Lanka
  • Personal guarantee of two individuals who derives a regular income, be able to provide any collateral acceptable to the bank
  • Submit a project report which should be acceptable to the bank and should have repayment capacity
  • Should not be a willful defaulter 

Loan Amount :

  • Maximum Rs. 500,000/-

Rate of Interest :

  • 10 % per annum from the borrower

Repayment Period :

  • 60 months (Inclusive of an optional grace period of 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